| Amount | Nominal Interest Rate (per annum) | Annual Effective Rate |
|---|---|---|
| R100 - R999 | 3.05% | 3.09% |
| R1 000-R9 999 | 3.05% | 3.09% |
| R10 000-R19 999 | 3.05% | 3.09% |
| R20 000 - R24 999 | 3.05% | 3.09% |
| R25 000 - R49 999 | 3.05% | 3.09% |
| R50 000 - R99 999 | 3.05% | 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Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn.
