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Interest rates

FNB Savings account interest rates

Savings Account: Exclusive to individual cheque, Easy and FNBy Transactional account holders

Balance BandNominal Interest Rate (per annum)Annual Effective Rate
R1 - R19 9992.30%2.32%
R20 000 - R24 9992.50%2.53%
R25 000 - R74 9992.95%2.99%
R75 000 - R99 9993.05%3.09%
R100 000+3.05%3.09%

Nominal rate per annum (NACM): This is the annualised interest rate that you will earn daily and is capitalised monthly. This rate does not take into account the compounding interest effect.

Annual Effective Interest rate: Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn.

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