Open my info

my finds

remove bookmarks
    You don't have any bookmarks saved. Click the star icon on a panel to add it to your bookmarks. Your bookmark has been saved. Bookmark removed.

    bank better, live better

    save for your future

    With Global One, you get 4 extra savings plans and could earn up to 9.25% interest. Simply choose a savings plan and your deposit option and start investing.

    Save for your future

    Your main savings account (R25 minimum balance; R5.80 monthly admin fee) gives you affordable banking and access to flexible, fixed or tax-free savings plans.

    The benefits of a flexible savings plan 

    Earn from 5.10% interest per year on daily balances. 

    • Choose your deposit amount and the frequency of your deposits 
    • Name your savings plan 
    • Access your plan any time with Remote Banking (cellphone app/Internet/*120*3279#) or our ATMs 
    • No monthly admin fee or minimum balance

    You can open a flexible savings plan using our app. Simply open the app, tap on “Save”, enter your Remote PIN and tap “Add Flexible Savings”.

    The benefits of a fixed-term savings plan

    Single deposit option 

    Invest for 6 – 60 months, with a minimum balance of R10 000. 

    • You choose how long you want to invest (from 6 – 60 months) 
    • You deposit a single amount (maximum R20 million) to invest over the term you choose 
    • Earn from 6.9 – 9.25% (nominal interest rate) 
    • Interest rate fixed for the full term 
    • Money available on the maturity date 
    • After maturity, the account will become a flexible savings plan, which you can refix for a further term 
    • No monthly admin fee 

    When your deposit starts earning interest, you can reinvest the interest or transfer it to your main savings account.

    Multiple deposit option

    Invest for 6 – 24 months, with a R1 million maximum investment. 

    • You choose how long you want to invest for (from 6 – 24 months) 
    • You decide how much and how often you would like to deposit over the term you choose, up to a maximum of R1 million 
    • Earn from 5.10% – 7.45% interest (nominal interest rate) 
    • Interest rate fixed for the full term 
    • Money available on the maturity date 
    • After maturity, the account will become a flexible savings plan, which you can refix for a further term 
    • No monthly fee

    When your deposits start earning interest, you can reinvest the interest or transfer it to your main savings account.

    The benefits of a tax-free savings account

    Enjoy tax-free interest over the long term. 

    • You can open one tax-free savings account at any of our branches 
    • Deposit any amount up to R33 000 per year (single or multiple deposits)

    South African Revenue Service (SARS) rules

    • Contribution limits :
      • Your combined limit for the financial year (1 March – 28 February) across all tax-free savings accounts, including those at other financial services providers, is R33 000 
      • Lifetime limit is R500 000 
      • Contributions over these limits are taxed at 40% 
    • Interest earned will not be taxed 
    • Money withdrawn cannot be replaced 
    • Money may be transferred to and from a tax-free account at another financial services provider 
    • Other savings plans may not be converted to a tax-free savings account

    Was this article helpful?

    Bank Better And Save

    bank better and save

    Save time and money by switching your salary and debit orders. Do it online or visit a Capitec branch where a consultant will assist you.

    Read now
    What To Do With Your Year-End Bonus

    what to do with your year-end bonus

    It’s tempting to use your annual bonus (if you’re lucky enough to get one) to splash out on expensive gifts and treats. However, spending it wisely or investing some of the money is a better idea than spending it all over the festive season.

    Read now
    Black Friday Myths Busted

    black friday myths busted

    Here are some tips to help you separate the myths from the facts so that Black Friday doesn’t turn into Bleak Friday.

    Read now
    Wedding Savings Accounts with Capitec and Global One

    using Global One to save for your wedding

    With 4 free savings plans, the Global One facility is a powerful tool when it comes to financial planning.

    Read now