INTEREST RATES AT 06/12/2018

BANK Absa African Capitec FNB

GBS Grindrod Mercantile Nedbank Sasfin Standard

1* 5.70 – – 5.70

– 6.80 6.25 5.75 6.35

–

3 6.00 7.25

– 6.40

– 6.95 6.50 6.50 6.80 6.70 MONTHS

6 9 6.90 7.05 7.85 – 6.95 7.60 6.95 7.05 5.90 – 7.45 7.75 7.20 7.50 7.00 7.00 7.00 – 7.05 –

12 7.80 8.45 7.60 7.30 8.30 8.05 8.00 7.65 8.00 7.40

24 8.50 8.70 8.20 7.35 8.60

– 8.25

– 8.20 7.60

*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.