Investec Money is offering three new savings and investment Product Specials for a limited period, with a minimum deposit requirement of R10 000.
Savings Account - instantly access your savings while earning 5.12%* per annum
Investec Money is offering a savings account special with an exceptional rate of 5% on balances above R10 000, for a limited period.
Enjoy immediate access to your funds while getting a rate of 5% on balances between R10 000 and R5 million.
Investec Fixed Deposit Specials - earn up to 6.82%*
Earn exceptional rates – fix your rate and you will earn guaranteed returns at a rate equal to or higher than the rate normally reserved for deposits of R10 million (subject to daily pricing fluctuations) and if you are 55 years or older you will earn an additional 15bps for these fixed deposit Product Specials.
| Special 1: 6-month Fixed Deposit | nacm | Effective |
| Individuals over 55 years of age | 5.98% | 6.05% |
| Individuals under 55 years of age | 5.83% | 5.90% |
| Special 2: 12-month Fixed Deposit | ||
| Individuals over 55 years of age | 6.18% | 6.36% |
| Individuals under 55 years of age | 6.03% | 6.20% |
| Special 3: 24-month Fixed Deposit | ||
| Individuals over 55 years of age | 6.62% | 6.82% |
| Individuals under 55 years of age | 6.47% | 6.67% |
Enjoy additional benefits
We believe in providing exceptional service with no fees (except for physical direct cash deposits*) as well as free online banking. Our client support centre will help you with your day-to-day needs while our opportunity team is there to keep you informed of product specials, alerting you to maturing funds and proactively look for opportunities to actively grow your savings.
Deposit now
For more information on these product specials, please call Investec Money on 0860 222 279 or email Sales@investecmoney.co.za
Investec Money, a business unit of Investec Private Bank, a division of Investec Bank Limited Reg. No. 1969/004763/06. An authorised financial services provider. A registered credit provider NCRCP9.
*Interest rate would be the annual effective interest paid. The rate is correct as at 03 February 2012. Rates are subject to change. Deposit rates can only be confirmed at time of dealing.
* Direct physical cash deposit made at an Absa branch will be charged a 0.35% per R100 of deposit.
Terms and conditions apply. These specials are available to individuals, family trusts or deceased estates. The maximum deposit size is R5 million per product special .
The nominal rate is the interest rate on deposits which is unadjusted for compounding interest.
The effective rate is the interest rate earned on a deposit account, taking into account the effect of compounding interest.
Disclaimer
All rates are quoted on a nominal annual compounded monthly basis for the relevant period. The rates can only be confirmed at the time of dealing. No representation or warranty is made that any return indicated will be achieved in the future. This document is not an official confirmation of terms, and any transaction that may be concluded pursuant to this document shall be in terms of and confirmed by the signing of appropriate documentation, on terms to be agreed between the parties. The information in this document is subject to change without notice. Prospective investors should obtain independent advice in respect of any product detailed in this document, as Investec does not provide investment, tax or legal advice and makes no representation or warranty about the suitability of a product for a particular client or circumstance. Investec will only provide investment advice if specifically agreed to by Investec in appropriate documentation, signed by Investec. This information is to be used at your own risk, and Investec makes no representation with regards to the correctness of the information contained herein.
