Cash Invest Tracker
Last updated: June 2, 2025
Interest Rate
Linked to Prime, up to 8.20%.
Access to funds
Instant access and unlimited transfers.
Opening Deposit
R100,000 or R1 for Private Bank clients.
Monthly Fees
No monthly management fees.
Tax Implications
Interest earned on the Absa Cash Invest Tracker is taxable. Each South African resident is entitled to an annual tax-free interest exemption: R23,800 for individuals below 65 years and R34,500 for those aged 65 and older (as per 2024/25 tax year).
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