Discovery Fixed Deposit Account
| Savings interest rates | Deposit | 3 months | 6 months | 12 months | 18 months | 24 months |
|---|---|---|---|---|---|---|
| Interest monthly (NACM)* | R1 000+ | 7.15% | 7.25% | 7.80% | 8.10% | 8.25% |
| Interest at maturity (Effective)** | R1 000+ | 7.19% | 7.36% | 8.08% | 8.58% | 8.79% |
| Interest upfront (Effective)** | R50 000+ | 7.06% | 7.11% | 7.48% | 7.61% | 7.58% |
*NACM: Nominal annual compounded monthly
**Effective: The rate is applied to the principal amount invested.
Discovery Tax-Free Savings Account
| Fees that may apply to your account | |
|---|---|
| Monthly fee | Free |
| Inter-account transfers | Free |
| Electronic funds transfers | R15 |
| Real-time payments | R35 |
Discovery Notice Savings Account
| Fees that may apply to your account | |
|---|---|
| Monthly fee | Free |
| Inter-account transfers | Free |
| Electronic funds transfers | R15 |
| Real-time payments | R35 |
Discovery Savings Account
| Fees that may apply to your account | |
|---|---|
| Monthly fee | Free |
| Inter-account transfers | Free |
| Electronic funds transfers | R15 |
| Real-time payments | R35 |
| Debit order fee | R15 |