SmartRate Notice Deposit

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, calculated per annum
• 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 for immediate access at any time

 

Weigh up your notice period

• Meet your savings objectives by selecting the investment period you require. Choose from 15, 32, 45, 60, 90 and 120 day notice periods
• You may place notice on your funds at any time

 

Decide on your deposit amount

• The minimum deposit amount is a lump sum of R1,000 if you hold a  a Private Bank Account, or R100,000 if you don't have a Private Bank Account
• You are able to make additional deposits into your account after your initial deposit
  

Benefits

• Tailor make the account that works for you
• No monthly fees are applicable on this product*
• No transaction fees
• Dedicated service
• Free online banking

Minimum & maximum deposit

• Save from R1,000 if you have a Private Bank Account, or from R100,000 if you don't have a Private Bank Account.

See what your returns could be:

Future value calculator

Investment Amount *

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Term *

Interest Rate *

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* indicates required field.

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Future Value (Interest compounded)*

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Interest Paid at Maturity*

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Nominal Rate (NACM)

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Interest Paid Monthly (Approximately)*

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Period Effective Yield