Absa Tax Free Fixed Deposit Review for March 2026
Last updated 1st March 2026 by Walter
Introduction
The Absa Tax Free Fixed Deposit is a fixed deposit offered by Absa. Unlike savings accounts, fixed deposits lock in your interest rate for the full term, giving you certainty on your returns.
This page summarises interest rates offered by Absa Tax Free Fixed Deposit and compares them to South Africa's fixed deposit industry average. So you can get a good idea how the interest rates offered by Absa Tax Free Fixed Deposit compare to other banks.
Absa website
view official Absa Tax Free Fixed Deposit page
Absa Tax Free Fixed Deposit highlights
last updated 1st March 2026 by Walter
R30k
min deposit
7.01%
interest rate
1 year
terms
18+
min age
PS. Did you know that Absa also offers the following fixed deposits
- The Absa Senior Digital Bonus Fixed Deposit offers interest rates 6% - 7.15% and accepts investments from R1,000
- The Absa Standard Digital Bonus Fixed Deposit offers interest rates 5.9% - 7.05% and accepts investments from R1,000
Similar fixed deposits from other banks
| Product | Min Deposit | Rate |
|---|---|---|
| African Bank Fixed Deposit | R0 | 6.51% - 9.94% |
| Access Bank Fixed Deposit | R0 | 6.4% - 7.75% |
| African Bank Tax Free Investment (12 Months) | R0 | 6.98% - 7.26% |
Check out the full
Absa fixed deposit review for March 2026
or the
Absa fixed deposit calculator