Capitec Bank Savings Account
Earn from 2.25% interest per year with our transaction/savings account. The transaction and savings account is your main account (R25 minimum balance; R5 monthly admin fee) that gives you affordable banking and up to 4 free flexible, fixed or tax-free savings plans.
The transaction and savings account is your main account (R25 minimum balance; R5.80 monthly admin fee) that gives you affordable banking and up to 4 extra flexible, fixed or tax-free savings plans.
Benefits
Some of the benefits of the transaction and savings account:
- Access to Mastercard® Priceless® Cities worldwide
 - Earn from 4.85% interest per year on daily balances
 - Easiest transactions at lower, transparent bank costs
 - Easy access to your money using our app, cellphone *120*3279#, the Internet and your Global One card
 - Fix the money in any of the 4 additional savings plans and earn up to 9.1% interest
 
transaction/savings account
| Amount (R) | R0 – R9 999  | R10 000 – R24 999  | R25 000 – R99 999  | R100 000+ | ||||
| Nominal | Effective | Nominal | Effective | Nominal | Effective | Nominal | Effective | |
| Interest rate (%) | 2.25% | N/A | 2.25% | N/A | 2.25% | N/A | 2.50% | N/A | 
All interest rates quoted are nominal annual compounded monthly (NACM) rates.
flexible savings plan
| Amount (R) | R0 – R9 999  | R10 000 – R24 999  | R25 000 – R99 999  | R100 000+ | ||||
| Nominal | Effective | Nominal | Effective | Nominal | Effective | Nominal | Effective | |
| Interest rate (%) | 2.25% | N/A | 2.25% | N/A | 2.25% | N/A | 2.50% | N/A |