Capitec Fixed Deposit
Invest your money with a bank that urges you to bank better and live better. You are in good hands with a Capitec Fixed-Term Saving Account.You can invest up to R20 million with a Fixed-Term Savings Account.
Capitec Bank 1 Year Fixed Term Deposit The following Interest Rate for fixed term account is applicable for a term ranging from 7 to 12 months with rates varying by deposit amounts. Product is 'Fixed Term Savings Plan / Single deposit Option' above R100,000 The. Whereas Capitec and FNB offer fixed deposit accounts at a minimum deposit of R10,000. What’s key to note is that the Capitec Global One account does have the added benefit of a fixed savings pocket, which does not require a minimum deposit of R10 000, but instead allows you to tailor the amount to your need. Invest your money with a bank that urges you to bank better and live better. You are in good hands with a Capitec Fixed-Term Saving Account. You can invest up to R20 million with a Fixed-Term Savings Account. Capitec Bank 6 Month Fixed Term Deposit The following Interest Rates are for the Capitec Bank Product 'Fixed Term Savings Plan / Singlle Deposits Option' and for a term of 6 months above R100,000. The rate of 7.39% is 0.57% higher than the average 6.82%. Also it is 0.58% lower than the highest rate 7.97 Updated Aug, 2019.
Capitec Fixed Deposit Interest Rates 2021
Investments are quite very important – for as long as we are alive, we are going to need money – it is such a peace of mind knowing that you have money saved, even when problems knocks at your door you know, that financially you’ll be covered if money is needed.
Don’t hesitate when it comes to saving and investing your money. You can choose to invest with Capitec with the fixed term account from 6 to 60 months.
iRead: Capitec Tax-Free Investment Account
You will only have to make a single deposit and the minimum deposit that you can make is R10 000. You can earn up to 8.65% nominal interest.
You can choose to reinvest your interest or have it deposited into your savings account; you get fixed rates throughout the term. Your money will be available for use in maturity date and there are no monthly fees.
Here’s a table of Capitec Interest Rates
| Term (Months) | R10 000 – R24 999 | R25 000 – R99 999 | R100 000+ | |||
| Nominal | Effective | Nominal | Effective | Nominal | Effective | |
| 6 | 6.90% | 7.12% | 7.00% | 7.23% | 7.25% | 7.50% |
| 7 – 9 | 7.05% | 7.28% | 7.20% | 7.44% | 7.30% | 7.55% |
| 10 – 12 | 7.25% | 7.50% | 7.80% | 8.08% | 7.85% | 8.14% |
| 13 – 18 | 7.30% | 7.55% | 7.90% | 8.19% | 7.95% | 8.25% |
| 19 – 24 | 7.40% | 7.66% | 7.95% | 8.25% | 8.05% | 8.35% |
| 25 – 36 | 7.65% | 7.92% | 8.00% | 8.30% | 8.10% | 8.41% |
| 37 – 48 | 7.80% | 8.08% | 8.10% | 8.41% | 8.15% | 8.46% |
| 49 – 60 | 8.00% | 8.30% | 8.55% | 8.89% | 8.65% | 9.00% |
For more information, visit www.capitecbank.co.za
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Capitec Bank Deposit Fees
No one likes paying bank fees, so we do what we can to keep ours as low as possible. And we don’t do hidden costs. Ever! The fees below are effective as of 1 April 2018.
Deposits
Salary cheque FREE
Non-salary cheque 40.35
Cash for loan repayment FREE
Notes (cash-accepting ATM) 96c per R100
Notes/Coins (branch2) R2.27 per R100
Special clearance cheque 100.88
Returned cheque deposi t131.14
Incoming international payment in rand (fixed fee)5 100.88
Capitec Fixed Deposit Rates 2020
Incoming international payment in foreign currency5 100.88