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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

Investments from as little as R300 per month or a minimum of a R1 000 once-off lump sum.

ACCESS

Access your money from 7 days.

INVESTMENT CONTRIBUTIONS

The maximum investment is R30 000 per tax year and the maximum lifetime contribution is R500 000.

Rates

Amount Interest rate
R0 - R999.99 0.00%
R1 000.00 - R9 999.00 3.55%
R10 000.00 - R14 999.99 4.75%
R15 000.00 - R19 999.99 6.00%
R20 000.00 - R49 999.99 6.75%
R50 000.00 - R99 999.99 7.00%
R100 000.00 - R499 999.99 7.10%
R500 000.00 + 7.15%