Absa Prime Linked Term Account- Big on interest and its to easy access
Overview
As a subsidiary of Barclays Africa Group, Absa is a Johannesburg Securities Exchange-listed banking institution with an extensive history in the South African financial market. With operations in South Africa, Tanzania, Mozambique, Namibia, Zambia, Nigeria and Botswana, the bank is a specialist in wealth management. Various services are offered, such as retail and business banking, along with corporate and investment banking.
Absa Bank has a long history in the South African financial market. The institution continues to grow steadily. Now forming part of the Barclays group, Absa strives to extend its leverage on the financial market.
The bank offers a range of investment solutions for its clients.
Tell me more about the Absa 3 year Prime Linked Term Account?
The term account offers a maximum interest rate of 8%. Clients can invest for a fixed term and still have access to some of their investment.
By investing in an Absa 3 year Prime Linked Term Account you can choose how much you want to invest. A minimum amount of R3000 is required.
As an investor, you can also decide how much of your money you want to be able to access immediately.
The Term Account lets investors choose between a period of 8 days to 5 years. Clients are also able to invest without fees.
As an added benefit, if you have invested for 60 days or longer and don’t use the money in the immediate access portion, you will be eligible for bonus interest.
Existing Absa clients can apply online via internet banking. Non-Absa customers need to provide a valid South African ID and proof of residence.
To find out more about the Absa 3 year Prime Linked Term Account, call: 0860 111 515 or send an email to saving@absa.co.za
Visit www.absa.co.za
