Get The Tax Free Fixed Deposit Account From Absa Now

It's saving made easy! Open an Absa Tax Free Fixed Deposit Account today and enjoy the rewards and benefits. Keep reading to find out more.

Save, Tax Free, With Absa

Whatever you’re saving for, Absa is sure that if it’s worth waiting for, then it’s definitely worth investing. With this in mind, they’re introducing a brand-new product for their customers.

Introducing the new 12-month Absa Tax Free Fixed Deposit Account. Offering you a launch rate of 8.7% interest per annum* at maturity, with zero tax on the growth of your investment.

*This launch rate is offered for a limited period only.

Absa

Here’s How It Works

  • Make a once-off deposit of R33 000
  • Pay zero tax on the growth the investment makes per tax year
  • Access your funds at maturity

After 12 months, you have the option to:

  • Reinvest by keeping your R33 000 in the same account without making any additional deposits into the account; OR
  • Open a new account and deposit R33 000 for the new tax year’s contribution

Already have a tax-free savings account?

You can transfer funds of over R33 000 from another financial institution to your Absa Tax Free Fixed Deposit Account and still enjoy the tax-free benefit.

What are you waiting for?

Open your 12-month Absa Tax Free Fixed Deposit Account at your nearest branch or call 0860 111 515.

That’s Africanacity. That’s Absa.

For More Information

For more information about Absa, their Tax Free Fixed Deposit Account and what they have to offer, visit absa.co.za/taxfreefixeddeposit, call 0860 111 515 or email [email protected].

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