Interest rates

Interest on credit balances

  • If you maintain a cash balance of over R 12,500 we will pay you interest at the JSE Trustees rate less 1%.
  • Cash balances below R 12,500 will not earn interest.
  • If the interest earned in a month is less than R50 then we will not pay this out.

Interest on debit balances

We do not offer credit facilities. However should your account become overdrawn we will charge you interest at the JSE Trustees rate plus 5%.

JSE Trustees interest rates

Month Gross Nett
May 2016 7.04% 6.04%
April 2016 6.92% 5.92%
March 2016 6.89% 5.89%
February 2016 6.75% 5.75%
January 2016 6.25% 5.25%
December 2015 6.16% 5.16%
November 2015 6.03% 5.03%
October 2015 5.98% 4.98%
September 2015 6.01% 5.01%
August 2015 5.88% 4.88%
July 2015 5.98% 4.98%
June 2015 5.80% 4.80%
May 2015 5.97% 4.97%