The Investec Smart Rate Plus Notice Deposit Investment Account provides preferential interest rates whereby you agree to provide Investec with notice of your intention to withdraw money.
You can have some of your account balance available to you on demand.
You can select your own notice period and the level of access you require as well as your debt amount.
You have the option of being able to personalise your account to your needs while receiving a competitive prime linked interest rate.
The Investec Smart Rate Plus Notice Deposit Investment Account requires a minimum deposit of R100 000. You have the option to make any additional deposits.
You get to choose your own notice period of either 32, 45, 60, 75, 90 or 120 days.
One of the main benefits of the account is that if you don’t place notice, you are rewarded with additional interest.
One of the reasons that people often choose high interest savings accounts is that they can earn interest, while also giving people the option of being able to withdraw the funds very easily.
This type of account is also an ideal place to store money that you don’t want to spend on monthly expenses, but that you may wish to use in the near future. Savings accounts are the most liquid investments, making them quite popular among South Africans.
The Investec Smart Rate Plus Notice Deposit Investment Account comes with an interest rate of 6.45%, giving South Africans access to a convenient savings tool that allows them to earn highly competitive interest rates.
Further benefits include that there are no monthly fee charges and you have access to a dedicated client support centre available on: 0860 468 468