Absa Notice Select 7 Day Review for October 2026
Introduction
The Absa Notice Select 7 Day is a notice account offered by Absa. Unlike savings accounts, notice accounts require you to give the bank 7-day notice before accessing your money, but in return you typically earn a better interest rate.
This page summarises interest rates offered by Absa Notice Select 7 Day and compares them to South Africa's notice account industry average. So you can get a good idea how the interest rates offered by Absa Notice Select 7 Day compare to other banks.
Absa Notice Select 7 Day highlights
last updated 2nd October 2026 by Walter
- The Absa Notice Select 45 Day offers interest rates 0.35% - 8.15% and accepts deposits from R0
- The Absa Notice Select 32 Day offers interest rates 0.35% - 7.45% and accepts deposits from R0
- The Absa Notice Select 15 Day offers interest rates 0.35% - 7.35% and accepts deposits from R0
Absa Notice Select 7 Day (7-day notice)
This table shows Absa Notice Select 7 Day (7-day notice)'s interest rates for a R10,000, R25,000, R50,000, R250,000, R1,000,000 and R10,000,000 investment in Absa Notice Select 7 Day (7-day notice) versus the industry average.
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R10,000 | 0.35% #0 out of 0 | 6.75% | - R 640 |
| R10,000 | 6.10% #0 out of 0 | 6.75% | - R 65 |
| R25,000 | 6.82% #0 out of 0 | 6.75% | + R 18 |
| R50,000 | 6.90% #0 out of 0 | 6.75% | + R 76 |
| R250,000 | 7.00% #0 out of 0 | 6.75% | + R 629 |
| R1,000,000 | 7.08% #0 out of 0 | 6.75% | + R 3,314 |
| R10,000,000 | 7.10% #0 out of 0 | 6.75% | + R 35,143 |
- 1 industry average refers to the average interest rate across all other savings accounts for the given investment amount
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than Absa Notice Select 7 Day (7-day notice).
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R10,000 for 18+ | 0.35% | 6.75% | - -640 |
| R10,000 for 18+ | 6.10% | 6.75% | - -65 |
| R25,000 for 18+ | 6.82% | 6.75% | + 18 |
| R50,000 for 18+ | 6.90% | 6.75% | + 76 |
| R250,000 for 18+ | 7.00% | 6.75% | + 629 |
| R1,000,000 for 18+ | 7.08% | 6.75% | + 3,314 |
| R10,000,000 for 18+ | 7.10% | 6.75% | + 35,143 |
- 1 industry average refers to the average interest rate across all other banks
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than Absa Notice Select 7 Day (7-day notice).
You get a 7.1% interest rate at Absa Notice Select 7 Day (7-day notice) for a R10,000,000 investment. The industry average for a savings account with a balance of R10,000,000 is 6.75%. Over one year you will earn R35,143 more in interest at Absa Notice Select 7 Day (7-day notice) compared to the average savings account.
Similar notice accounts from other banks
| Product | Notice period | Min Deposit | Rate |
|---|---|---|---|
| Smart Rate Plus Notice Deposit Investec | 15-day to 120-day | R100,000 | 7.4% - 7.95% |
| 32Day Notice Nedbank | 32-day | R0 | 5.95% - 7.8% |
| 121 Day Notice Bidvest | 121-day | R5,000 | 7.7% |
| 91 Day Notice Bidvest | 91-day | R5,000 | 7.6% |
| 32-day notice interest rate (%) Capitec | 32-day | R1 | 6.45% - 7.6% |
| 61 Day Notice Bidvest | 61-day | R5,000 | 7.55% |
| 90 day notice Savings Account Discovery | 90-day | R1 | 7.55% |
| 2 Day (48hr) Notice Bidvest | 2-day | R5,000 | 3.9% - 7.5% |