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Read about the Fixed-Term Savings account

If you’re looking for a guaranteed way to grow your money over time, Capitec’s Fixed-Term Savings accounts might just be what you need. Whether you want the discipline of a single deposit or the flexibility to add funds gradually, this savings product rewards your commitment with some of the highest interest rates available.

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Fixed-Term Savings

Last updated: May 28, 2025
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Interest Rate

Earn up to 8.85% nominal interest.

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Access to funds

Account converts to an Access Anytime Savings Plan at maturity.

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Opening Deposit

Deposit a once-off amount from R10,000 up to R20 million.

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Monthly Fees

No monthly management fee.

Tax Implications

Interest earned from fixed-term savings accounts is taxable. For South African tax residents, the following annual exemptions apply:
• R23,800 for individuals under 65 years old
• R34,500 for individuals 65 years and older

Read More

Read about the Fixed-Term Savings account

If you’re looking for a guaranteed way to grow your money over time, Capitec’s Fixed-Term Savings accounts might just be what you need. Whether you want the discipline of a single deposit or the flexibility to add funds gradually, this savings product rewards your commitment with some of the highest interest rates available.

Read More

What you need to apply

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South African Citizens

  1. Opening deposit of R10,000
  2. Your South African ID
  3. Proof of residence
    (not older than three months)
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Non-South African Citizens

  1. Opening deposit of R10,000
  2. Valid Passport
  3. Proof of residence
    (not older than three months)
  4. Work/Resident permit
how_to_reg

Ways to apply

You can apply now on Buti.co.za, or alternatively, visit the bank’s website to apply through their platforms.

Savings Calculator



Interest Earned: R0.00

Total Savings: R0.00

What you need to apply

badge

South African Citizens

  1. Opening deposit of R10,000
  2. Your South African ID
  3. Proof of residence
    (not older than three months)
public

Non-South African Citizens

  1. Opening deposit of R10,000
  2. Valid Passport
  3. Proof of residence
    (not older than three months)
  4. Work/Resident permit
how_to_reg

Ways to apply

You can apply now on Buti.co.za, or alternatively, visit the bank’s website to apply through their platforms.