African Bank 7 Day Notice Review for March 2026

Last updated 1st March 2026 by Walter

Introduction

The African Bank 7 Day Notice is a notice account offered by African Bank. 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 African Bank 7 Day Notice and compares them to South Africa's notice account industry average. So you can get a good idea how the interest rates offered by African Bank 7 Day Notice compare to other banks.

African Bank 7 Day Notice highlights

last updated 1st March 2026 by Walter

R0
min deposit
5.61% - 7.02%
interest rate
7-day
notice period
18+
min age
PS. Did you know that African Bank also offers the following notice accounts
  • The 90 Day Notice offers interest rates 5.85% - 7.26% and accepts deposits from R0
  • The 32 Day Notice offers interest rates 6.32% - 7.17% and accepts deposits from R0

African Bank 7 Day Notice (7-day notice)

This table shows African Bank 7 Day Notice (7-day notice)'s interest rates for a R10,000, R25,000, R100,000, R250,000 and R1,000,000 investment in African Bank 7 Day Notice (7-day notice) versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000
5.61%
#0 out of 0
6.40%
- R
79
R25,000
6.79%
#0 out of 0
6.40%
+ R
98
R100,000
6.93%
#0 out of 0
6.40%
+ R
531
R250,000
6.98%
#0 out of 0
6.40%
+ R
1,454
R1,000,000
7.02%
#0 out of 0
6.40%
+ R
6,214
  • 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 African Bank 7 Day Notice (7-day notice).
How to read this table?

You get a 7.02% interest rate at African Bank 7 Day Notice (7-day notice) for a R1,000,000 investment. The industry average for a savings account with a balance of R1,000,000 is 6.40%. Over one year you will earn R6,214 more in interest at African Bank 7 Day Notice (7-day notice) compared to the average savings account.

Similar notice accounts from other banks

Product Notice period Min Deposit Rate
Absa Notice Select 45 Day
Absa
45-day R0 0.35% - 7.65%
90 Day Notice
Access Bank Plc
90-day R0 6.25% - 7.5%
Smart Rate Plus Notice Deposit
Investec
15-day to 120-day R100,000 6.9% - 7.45%
60 Day Notice
Access Bank Plc
60-day R0 6.15% - 7.4%
32 Day Notice
Access Bank Plc
32-day R0 6.05% - 7.3%
121 Day Notice
Bidvest
121-day R5,000 7.3%
32 Day Notice
Nedbank
32-day R0 5.45% - 7.3%
15 Day Notice
Access Bank Plc
15-day R0 5.95% - 7.2%