ABSA Bank Investment
Below is the information on the ABSA Bank Investment.
Our Investment Management services cover a wide range of investment products and strategies designed to maximise your returns. Harness the experience and knowledge of our international team of investment professionals and let us help you grow your wealth.
Whatever your goals, we have what you need — be it a basic savings account to build an emergency fund or an elaborate investment plan to secure your financial future.
Invest R50 – R1 999
| Invest R50 to R1 999 |
| Club Account |
| Opening deposit of R50Monthly deposit of R50No monthly management fees This is a group account Funds are available on 32 days’ notice |
| Notice Select |
| Opening deposit of R1 000 Make additional deposits at any time Invest for at least seven days No monthly administration fees You select your own notice period to access your money |
| Islamic TargetSave |
| Opening deposit of R100 Compliant with Shari’ah law Invest for at least six months No service or administration fees Access your money with 32 days’ notice |
| Invest R50 to R1 999 |
| FuturePlan |
| Opening deposit of R100 Monthly deposit of R100 Invest for at least three years No bank charges or admin fees This is a group account |
| Absa Inflation Beater |
| Opening deposit of R1 00 Possibility of an investment income Medium- to long-term investment (three years and more) 48 hours’ notice to access your money |
| 3Tax Free Savings Account |
| Opening deposit of R1 000 You can invest up to R36 000 per year You don’t pay tax on interest earned Immediate access to your money |
| Absa Stockbrokers and Portfolio Management |
| Invest and trade inequities and exchange-traded funds locally and offshore in over 20 exchanges No minimum amount to start — debit orders from a minimum of R250 With over R250 000 to invest, a portfolio manager can help you Invest in a tax-free savings account, for local and offshore exposure No age limit |