Sasfin Interest Rate Review for November 2024
Introduction
This page gives you an overview of Sasfin interest rates for November 2024. Sasfin offers:
- Savings accounts. Saving accounts give you quick and easy access to your money.
- Notice accounts. You will need to give Sasfin notice before you get access to your money. Interest rates typically higher than your savings account.
- Fixed deposits. The interest rate for a fixed deposit investment does not fluctuate and is instead fixed throughout your investment period.
The main difference between these three options is ease of access to your money. Savings accounts will provide you with near instant access, but in return you get a lower rate of interest . Notice accounts will provide better interest rates, but you will need to give Sasfin notice before getting access to your money. Fixed deposits generally pay the best interest, but you commit your money for a fixed term. In case you do need to withdraw, you can still get access before your term is over but will have to pay a penalty.
Sasfin interest rate overview for savings, notice accounts and fixed deposits
Here is a table of interest rates available at Sasfin. It shows the type of account, deposit and interest rate you can get.
Name | Deposit | Nominal rate |
Savings | ||
R20k | 7.75% | |
Notice accounts | ||
Sasfin Notice 32 day notice | R20k | 8.5% |
Sasfin Notice 45 day notice | R20k | 8.55% |
Sasfin Notice 60 day notice | R20k | 8.65% |
Sasfin Notice 90 day notice | R20k | 8.7% |
Sasfin Notice 120 day notice | R20k | 9.05% |
Fixed deposits | ||
6 month | R20k | 8.35% |
12 month | R20k | 9.06% |
36 month | R20k | 9.7% |
60 month | R20k | 10% |
Check out the full Sasfin fixed deposit review for November 2024 |
Sasfin offers one types of savings accounts.
- Sasfin Call Account starts with a minimum deposit of R20,000 and pays interest of 7.75%. The highest rate you can achieve with the Sasfin Call Account is 7.75% for savings balances over R20,000.
Sasfin offers five types of notice accounts.
- Sasfin Sasfin Notice 32 day notice pays an interest rate of 8.5% for balances over R20.0k
- Sasfin Sasfin Notice 45 day notice pays an interest rate of 8.55% for balances over R20.0k
- Sasfin Sasfin Notice 60 day notice pays an interest rate of 8.65% for balances over R20.0k
- Sasfin Sasfin Notice 90 day notice pays an interest rate of 8.7% for balances over R20.0k
- Sasfin Sasfin Notice 120 day notice pays an interest rate of 9.05% for balances over R20.0k
- Sasfin 6 month fixed deposit currently pays an interest rate of 8.35% for balances over R20.0k
- Sasfin 12 month fixed deposit currently pays an interest rate of 9.06% for balances over R20.0k
- Sasfin 36 month fixed deposit currently pays an interest rate of 9.7% for balances over R20.0k
- Sasfin 60 month fixed deposit currently pays an interest rate of 10% for balances over R20.0k