Read about the Tax-Free Call Investment account
If you’re tired of watching your money sit idle in a standard account, it might be time to explore a smarter way to save. The Tax-Free Call Investment Account from Standard Bank offers a powerful blend of flexibility, guaranteed returns, and tax savings. Whether you’re putting away money for an emergency fund or just looking to grow your wealth, this account provides immediate
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Interest Rate
Earn interest up to 7.28%.
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Monthly Fees
No monthly management fee.
Tax Implications
• You can invest up to R36,000 per year and R500,000 over your lifetime across all tax-free accounts.
• All returns (interest, dividends, capital gains) earned in a tax-free account are not subject to tax.
• If you exceed the annual or lifetime limit, SARS will charge a 40% penalty
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Read about the Tax-Free Call Investment account
If you’re tired of watching your money sit idle in a standard account, it might be time to explore a smarter way to save. The Tax-Free Call Investment Account from Standard Bank offers a powerful blend of flexibility, guaranteed returns, and tax savings. Whether you’re putting away money for an emergency fund or just looking to grow your wealth, this account provides immediate
Read More
What you need to apply
- Opening deposit of R250
- Your South African ID
- Proof of residence
(not older than three months)
- Opening deposit of R250
- Valid Passport
- Proof of residence
(not older than three months)
- Work/Resident permit
You can apply now on Buti.co.za, or alternatively, visit the bank’s website to apply through their platforms.
