Which investment option is right for you?

17/04/2018 00:00:00

Which investment option is right for you?

You’ve made the decision to commit to a savings plan but navigating your way around the different investment options can be daunting. Before you do anything, it’s wise to first do some research about the different types of accounts so you can make an informed decision.

Fixed or Notice Deposit products offer higher interest rates than you would get when using a savings account, and they’re ideal if you’re looking for a long-term savings option.

What’s the difference between a Fixed Deposit and Notice Deposit account?

Opening a Fixed or Notice Deposit account is both quick and easy. Ultimately, these types of accounts are both great vehicles to use when setting investment goals for yourself.

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About African Bank

Our mission is to be a successful Retail Bank offering a wide range of products and services to the consumers of South Africa. The people who work for African Bank represent the diverse population of South Africa; therefore we are a reflection of you, of all South Africans. We seek to provide value - more than our consumers expect of us. We promise to live our purpose 'humanity through banking' in all that we do and we are confident that we can, because 'We are You'.