IN­TER­EST RATES AT 01/11/2018

Saturday Star - - P E R S O N A L F I N A N C E -

Absa Bank African Bank Capitec Bank FNB

GBS Mu­tual Grindrod Bank Mer­can­tile Bank Ned­bank Sas­fin Stan­dard Bank

1* 5.70 – – 5.70 – 6.65 6.00 5.75 6.35

– MONTHS 3 6.00 7.25

– 6.40

– 6.80 6.25 6.45 6.80 6.60

6 6.90 7.85 6.95 6.95 5.65 7.40 6.95 6.95 7.00 6.95

9 7.05 – 7.60 7.05 – 7.75 7.25 6.95 – – 12 7.80 8.45 7.60 7.30 8.00 8.05 7.75 7.30 8.00 7.30 24 8.50 8.70 8.20 7.35 8.25

– 8.25

– 8.20 7.50 *One-month rate ap­plies to fixed de­posits only, not no­tice de­posits. Se­nior cit­i­zens may qual­ify for an ex­tra 0.5% at cer­tain banks on 12-month in­vest­ments. Rates quoted are nom­i­nal, not ef­fec­tive. Rates quoted are for in­ter­est paid monthly, ap­ply to in­vest­ments from R50 000 to R100 000 and are cor­rect at the time of go­ing to press. Source: Per­sonal Trust (in­de­pen­dent agents for de­posit-tak­ing in­sti­tu­tions). Tele­phone 021 689 8975. Per­sonal Trust can­not ac­cept re­spon­si­bil­ity for er­rors at source.

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