Investec PrimeSaver Account Review for December 2024

Last updated 2nd December 2024 by Walter

Introduction

The Investec PrimeSaver Account is a savings account offered by Investec. Unlike notice or fixed deposits, savings accounts allow quick and easy access to your money.

This page summarises interest rates offered by Investec PrimeSaver Account and compares them to South Africa's savings account industry average. So you can get a good idea how the interest rates offered by Investec PrimeSaver Account compare to other banks.

Grow your savings with the Investec PrimeSaver Account, a prime-linked savings account with immediate access to your funds.

Investec PrimeSaver Account highlights

last updated 2nd December 2024 by Walter

R100k
min deposit
7.45% - 7.55%
interest rate
PS. Did you know that Investec also offers the following

Investec PrimeSaver Account

This table shows Investec PrimeSaver Account's interest rates for a R100,000 and R25,000,000 investment in Investec PrimeSaver Account versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R100,000
7.55%
#7 out of 19
6.42%
+ R
1,203
R25,000,000
7.45%
#7 out of 17
6.42%
+ R
273,728
  • 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 Investec PrimeSaver Account.
How to read this table?

You get a 7.45% interest rate at Investec PrimeSaver Account for a R25,000,000 investment. The industry average for a savings account with a balance of R25,000,000 is 6.42%. Over one year you will earn R273,728 more in interest at Investec PrimeSaver Account compared to the average savings account.

Here are other similar savings accounts in South Africa which require a minimum deposit between R50,000 - R100,000

Account Min Deposit Rate
FNB Money Maximiser R100,0007.75% - 7.90%
Standard Bank MoneyMarket Select R100,0007.80% - 8.15%
Absa Cash Invest Tracker R100,0008.35% - 8.55%
Nedbank MoneyTrader R50,0007.70%
Investec PrimeSaver Account R100,0007.45% - 7.55%