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TAX-FREE CASH DEPOSIT

Earn interest - tax free

Open an RMB Private Bank Tax-Free Cash Deposit for your children where the interest earned is tax free. Minimum investment of R1 000.

Benefits

100% GUARANTEE

100% guarantee on capital and on quoted returns.

INVESTMENT OPTIONS

Contribution is flexible - either monthly or as a once-off lump sum.

NO TAX, NO MONTHLY FEES

An investment option that attracts no monthly fees and all returns are tax free.

MONTHLY OR VIA LUMP-SUM INVESTMENT

The ability to save from as little as R1 000.

ACCESS

Access to your money in 32 days.

INVESTMENT CONTRIBUTIONS

The maximum investment is R33 000 per tax year and the maximum lifetime contribution is R500 000.

Rates

Amount Interest rate
R1 000 - R9 999 6.50%
R10 000 - R14 999 6.50%
R15 000 - R19 999 6.50%
R20 000 - R29 999 6.75%
R30 000 - R49 999 6.85%
R50 000 - R59 999 7.00%
R60 000 - R99 999 7.00%
R100 000 - R499 999 7.15%
R500 000+ 7.15%