Save

Open 4 free savings plans on our app and even invest in shares. You can name your plans to match your goals and fix them on the app to earn higher interest.

Capitec Bank Savings Account
Notice deposit_Web Slider banner_Desktop

Get a notice deposit account

Use our app to earn higher interest on your savings so your money grows!

EasyEquities Capitec Bank

EasyEquities

Buy and sell local or international shares from the EasyEquities widget on our app and save 20% on brokerage fees across all trades.

Capitec Tax Free Savings

Tax-free savings

Save up to R36 000 a year without getting taxed on the interest.

Capitec savings rates and fees

Our savings interest rates

We’ve made saving easy with our highly competitive interest rates, and quick access to your savings plans on our app.

Compare savings plans

Account typesAccess anytimeNotice depositFixed-termTax-free
AccessImmediate7 or 32 days' noticeOn maturity dateOn maturity date
Interest rate2.25% - 6.50%3.25% - 7.75%2.25% - 8.85%2.25% - 7.60%
Interest typeVariable*Variable*FixedFixed
PurposeEveryday savingsShort to medium-termMedium to long-termMedium to long-term
Early access fee**NoYesYesYes
Access
Access anytimeImmediate
Notice deposit7 or 32 days' notice
Fixed-termOn maturity date
Tax-freeOn maturity date
Interest rate
Access anytime2.25% - 6.50%
Notice deposit3.25% - 7.75%
Fixed-term2.25% - 8.85%
Tax-free2.25% - 7.60%
Interest type
Access anytimeVariable*
Notice depositVariable*
Fixed-termFixed
Tax-freeFixed
Purpose
Access anytimeEveryday savings
Notice depositShort to medium-term
Fixed-termMedium to long-term
Tax-freeMedium to long-term
Early access fee**
Access anytimeNo
Notice depositYes
Fixed-termYes
Tax-freeYes

No monthly fees - all accounts are free.
*Variable interest rates may change over time.
*All interest rates shown are nominal.

Deposit Insurance Scheme

A Deposit Insurance Scheme (DIS) is a financial safety net established by governments to protect your money if a bank fails or is closed. In South Africa, the Corporation for Deposit Insurance (CODI) oversees this scheme. 

What does this mean for you?

As a personal banking client, the Deposit Insurance Scheme means that money you’ve deposited with a bank is protected up to a certain limit. This limit is currently set at R100 000 per client per bank. In practical terms, the DIS offers you peace of mind knowing that even if the bank encounters financial difficulties, your savings are protected up to the insured limit.

A little saving can go a long way