Read about the Tax-Free Savings account

If you’re looking to make the most of your yearly savings, the Capitec Tax-Free Savings Account might be your best friend. Not only does it let you earn competitive interest—up to 7.87%—but it does so without you having to pay a cent in tax on your interest earnings.

Tax-Free Savings

Last updated: May 28, 2025

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Interest Rate

Earn interest from R1.

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Access to funds

Withdrawn money cannot be replaced.

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Opening Deposit

Deposit any amount up to R36,000 per year (single or multiple deposits).

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Monthly Fees

No monthly admin fee.

Tax Implications

• You can contribute up to R36,000 per year and R500,000 in your lifetime across all tax-free savings accounts.
• All interest, dividends, and capital gains earned within this account are completely tax-free.

Read about the Tax-Free Savings account

If you’re looking to make the most of your yearly savings, the Capitec Tax-Free Savings Account might be your best friend. Not only does it let you earn competitive interest—up to 7.87%—but it does so without you having to pay a cent in tax on your interest earnings.

Read about the Tax-Free Savings account

Tax-Free Savings

Interest Rate

Access to funds

Opening Deposit

Monthly Fees

Tax Implications

Read about the Tax-Free Savings account

What you need to apply

Savings Calculator

What you need to apply