INTEREST RATES AT 01/11/2018

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.