African Bank Tax Free Investment (12 Months) Review for October 2026
Last updated 2nd October 2026 by Walter
Introduction
The African Bank Tax Free Investment (12 Months) is a fixed deposit offered by African Bank. 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 African Bank Tax Free Investment (12 Months) and compares them to South Africa's fixed deposit industry average. So you can get a good idea how the interest rates offered by African Bank Tax Free Investment (12 Months) compare to other banks.
African Bank website
view official African Bank Tax Free Investment (12 Months) page
African Bank Tax Free Investment (12 Months) highlights
last updated 2nd October 2026 by Walter
R0
min deposit
6.98% - 7.26%
interest rate
1 year
terms
55+
min age
PS. Did you know that African Bank also offers the following fixed deposits
- The African Bank Fixed Deposit offers interest rates 6.51% - 8.47% and accepts investments from R0
Similar fixed deposits from other banks
| Product | Min Deposit | Rate |
|---|---|---|
| SA Retail Bonds Fixed Rates | R1,000 | 8.25% - 9% |
| Fedgroup Secured Investment (5 Years) | R5,000 | 8.65% |
| Investec Fixed Deposit Special | R100,000 | 7.26% - 8.62% |
| GoTyme Bank Fixed Deposit | R1 | 7.7% - 8.58% |
| Capitec Fixed-Term Savings | R10,000 | 6.7% - 8.4% |
| FNB Senior Preferential Fixed Deposit | R1,000 | 4.25% - 8.3% |
| Nedbank Platinum Fixed Deposit | R1,000 | 6.4% - 8.3% |
| Nedbank Electronic OptimumPlus | R1,000 | 6.4% - 8.3% |
Check out the full
African Bank fixed deposit review for October 2026
or the
African Bank fixed deposit calculator