Our recommendation is:
PureSave is a savings account that you gives you the flexibility to save any amount whenever you like and access your funds whenever you need them. It's the perfect account if you want to develop a savings habit or save some money for a rainy day.
If you're looking to save towards a longer-term goal such as a deposit on a new car, or a risk-free investment to help during retirement, ContractSave is the account for you. You have a contract with yourself to save for at least 12 months. Interest rates are competitive and bonus interest is paid each year.
Looking for an account where your savings will be protected from impulse spending, but lets you add to your savings at your convenience? Then Notice Deposit is the account for you. You need to give at least 32 days' notice before you can access your money. This is a great way to save for longer-term goals.
Fixed Deposit is a good place to put away a lump sum of money for a fixed period of time to achieve a higher return. There is little to no capital risk and people who live off their savings appreciate the predictable interest income provided by fixed deposits. You decide on the investment period and the interest rate is fixed upfront for the life of the investment. You can even choose to have the interest paid out to another account every month. Given the fixed rate nature, fixed deposits can also act as a buffer when short term variable interest rates are declining.
MoneyMarket Call is a high balance demand deposit account offering interest rates that track short term money market rates normally available only to wholesale depositors or institutional investors. With MoneyMarket Call, your capital is as secure as any bank deposit and you pay no management fees or broker commissions. The opening deposit is R100 000, you can make additional deposits whenever you want and your savings are available for withdrawal as and when you need it.
Whether you're a dreamer, a realist or just planning for the "What if's", by making pre-emptive choices, life's little surprises become easier to take in stride and your goals become your tomorrows. Let us guide you through the motions and show you the results.
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