SmartRate Plus Notice Deposit

The smart solution for your cash

Choose

your preferred notice period

R100,000

Minimum deposit

Choose

your preferred interest rate

Let the SmartRate Plus Notice Deposit do the thinking for you

Investec SmartRate Plus Notice Deposit allows you to personalise your notice deposit according to your needs while receiving a competitive market-related interest rate, plus you will earn an additional 0.10% when you don’t place notice for 30 days.

  

  • How the product works

    • Select your interest rate
    • Your rate is determined by your unique requirements (percentage instant access required and notice period)
    • Receive a competitive market related deposit rate, based on a fixed differential to Investec’s prime lending rate
    • When you don’t place notice on your funds, you will earn additional interest on top of your applicable interest rate: 30 days without placing notice – you will earn an additional 0.10%
    • Choose between having your monthly interest compounded or paid away

     

    • Choose your percentage of instant access
    • Service your cash flow needs by choosing your desired level of access, from 0% to 50%, in 10% increments. Once selected, these funds are available at any time.

     

    • Weigh up your notice period
    • Meet your savings objectives by selecting the notice period you require, between 32, 45, 60, 90 and 120 days
    • You may place notice on your funds at any time

     

    • Decide on your deposit amount
    • The minimum deposit amount is R100,000
    • You are able to make additional deposits into your account after your initial deposit

  • Benefits

    • Tailor make the account that works for you
    • Earn an additional 0.10% on top of your applicable interest rate when you don’t place notice for 30 days
    • No fees are applicable on this product*
    • Dedicated service
    • Free online banking

  • Minimum & maximum deposit

    • Save from R100,000 

See what your returns could be:

  • Future value calculator

    Investment Amount *
    R
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    Interest Rate *
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     %

    R {[futureValForm]}

    Future Value (Interest compounded)*

    R {[interestPaidForm]}

    Interest Paid at Maturity*

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    Nominal Rate (NACM)

    R {[InterestPaidMonthlyForm]}

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    Period Effective Yield

Apply for a savings account or contact your private banker

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Interest rates

Check what the latest interest rates are

View terms and conditions

Disclaimer

Investec Corporate and Institutional Banking (referred herein as “Investec”) is a division of Investec Bank Limited registration number 1969/004763/06, which is a registered bank, an Authorised Financial Services Provider (11750), a National Credit Provider (NCRCP 9) and a member of the JSE. Investec is committed to the Code of Banking Practice as regulated by the Ombudsman for Banking Services. Copies of the Code and the Ombudsman's details are available on request or visit www.investec.com.

* Direct physical cash deposit made at an Absa branch will be charged a handling fee. Please refer to www.investec.co.za/ci-fees

All rates are indicative, and are subject to vary as rates are calculated on a daily basis.  This is not an official confirmation of the term or rate, and any transaction that may be concluded pursuant to this shall be in terms of and confirmed by the signing of appropriate documentation, on terms to be agreed between the parties.