Savings and deposits
Compare Notice Deposit Accounts in South Africa
A notice deposit asks you to give an instruction and then wait before a qualifying withdrawal is paid. A 32-day account is not available the same day.
Rates and account terms may change. Confirm the current details with the provider. Information checked 28 October 2026.
Before you compare
- Interest during the notice period follows the product rules. This page does not promise that the rate stays the same while you wait.
- Early access is not offered by every bank. Where the published comparison says a fee may apply, or that you should confirm it, the card stops there.
- FNB's notice products are listed without a current rate, because the published comparison says the rate was not verified.
Compare providers
Each card uses the product published for this page. A missing rate or fee is left blank. It is not shown as zero. The button opens the provider's own website.
12 of 12 products. A product stays in the list when its minimum is not published. It is removed only when a published minimum is above the amount you enter. Rates are not sorted from highest to lowest.
- Interest rate
- Up to 7.90% advertised
- Notice period
- Subject to product notice
- Minimum deposit
- R1 000
This is an advertised maximum. It is not the rate on every balance.
Charges. Confirm withdrawal provisions
Advantages
- Lower opening amount
- Partial access feature advertised
Considerations
- Partial access conditions require product verification
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. Confirm the current rate with the provider.
Notice Deposit 32-day
Notice deposit
A withdrawal waits out the notice period. It is not same-day cash.
- Interest rate
- 6.45%–7.60% nominal tier range
- Notice period
- 32 days' notice
- Minimum deposit
- Confirm with the bank
The provider published a range. It is not one rate for every balance or term.
Charges. Early access fee may apply
Advantages
- Competitive higher-balance rates
Considerations
- 32-day wait
- Early access charge possible
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. Confirm the current rate with the provider.
Notice Deposit 7-day
Notice deposit
A withdrawal waits out the notice period. It is not same-day cash.
- Interest rate
- 4.00%–6.70% nominal tier range
- Notice period
- 7 days' notice
- Minimum deposit
- Confirm with the bank
The provider published a range. It is not one rate for every balance or term.
Charges. Early access fee may apply
Advantages
- Shorter notice option
- Tiered interest
Considerations
- Must give notice
- Low balances earn less
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. Confirm the current rate with the provider.
Notice Savings 24-hour
Notice deposit
A withdrawal waits out the notice period. It is not same-day cash.
- Interest rate
- Base 4.60%; potentially boosted
- Notice period
- 24 hours' notice
- Minimum deposit
- R0 opening amount published
Published figure. Confirm it still applies before you open the account.
Charges. No monthly fee advertised
Advantages
- Very short notice
- From any amount
Considerations
- Boost requires qualifying conditions
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. Confirm the current rate with the provider.
Notice Savings 32-day
Notice deposit
A withdrawal waits out the notice period. It is not same-day cash.
- Interest rate
- 7.20% published
- Notice period
- 32 days' notice
- Minimum deposit
- R0 opening amount published
Published figure. Confirm it still applies before you open the account.
Charges. No monthly fee advertised
Advantages
- No opening minimum stated
- 32-day choice
Considerations
- Delayed access
- Rates may change
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. Confirm the current rate with the provider.
Notice Savings 60-day
Notice deposit
A withdrawal waits out the notice period. It is not same-day cash.
- Interest rate
- 7.25% published
- Notice period
- 60 days' notice
- Minimum deposit
- R0 opening amount published
Published figure. Confirm it still applies before you open the account.
Charges. No monthly fee advertised
Advantages
- Longer notice return
Considerations
- Funds unavailable until notice period
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. Confirm the current rate with the provider.
Notice Savings 90-day
Notice deposit
A withdrawal waits out the notice period. It is not same-day cash.
- Interest rate
- 7.30% published
- Notice period
- 90 days' notice
- Minimum deposit
- R0 opening amount published
Published figure. Confirm it still applies before you open the account.
Charges. No monthly fee advertised
Advantages
- Highest of published standard notice tenors
Considerations
- Long access delay
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. Confirm the current rate with the provider.
32 Day Flexi Notice
Notice deposit
A withdrawal waits out the notice period. It is not same-day cash.
- Interest rate
- Check the current rate with the provider
- Notice period
- 32 days' notice
- Minimum deposit
- R5 000
No single current rate is shown. Confirm it with the provider.
Charges. No monthly fee advertised
Advantages
- Lower minimum than 7-day option
- Notice savings
Considerations
- Must wait 32 days
- Terms apply
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. Confirm the current rate with the provider.
- Interest rate
- Check the current rate with the provider
- Notice period
- 7 days' notice
- Minimum deposit
- R20 000
No single current rate is shown. Confirm it with the provider.
Charges. No monthly fee advertised
Advantages
- Defined notice term
- Official product
Considerations
- R20,000 minimum
- Limited access
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. Confirm the current rate with the provider.
- Interest rate
- 5.95%–7.80% quoted
- Notice period
- 32 days' notice
- Minimum deposit
- R250
The provider published a range. It is not one rate for every balance or term.
Charges. No monthly fee
Advantages
- Low R250 opening deposit
- Known notice length
Considerations
- Not for immediate emergency access
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. Confirm the current rate with the provider.
Electronic 32Day Notice
Notice deposit
A withdrawal waits out the notice period. It is not same-day cash.
- Interest rate
- 5.70%–7.55% quoted
- Notice period
- 32 days' notice
- Minimum deposit
- R250
The provider published a range. It is not one rate for every balance or term.
Charges. No monthly fee
Advantages
- Online notice facility
- Low minimum
Considerations
- Notice requirement
- Rates vary
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. Confirm the current rate with the provider.
Notice Deposit
Bank savings account
A deposit at a bank. The rate can depend on the balance.
- Interest rate
- Up to 7.22% (rates effective 29 May 2026)
- Notice period
- 7–60 days
- Minimum deposit
- R250
This is an advertised maximum. It is not the rate on every balance.
Charges. Verify early access charge
Advantages
- Flexible notice length
- Low initial deposit
Considerations
- Notice required
- Variable tiers
Qualifying bank deposit. CODI cover, where it applies, is up to R100 000 per qualifying depositor at that bank.
Information checked 28 October 2026. rates effective 29 May 2026
Compare selected products
Choose up to three products on this page. This view does not rank a highest rate, and it does not treat a bank deposit, a unit trust and a government bond as the same product.
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Estimate how your savings could grow
Type your own amount and rate. A product card does not fill these fields, because a published range is not the rate on your balance.
How this product works
7 days and 32 days
Those are waiting periods after you give notice, not the time the account has to stay open. You can usually leave the money longer.
Longer notice
Discovery's published range includes 24-hour, 32-day, 60-day and 90-day options. A longer wait is not automatically a better account.
Emergency money
Do not treat a notice deposit as same-day cash. If you might need the money tomorrow, look at an immediate-access savings account instead.
Are these savings protected?
The Corporation for Deposit Insurance, within the South African Reserve Bank, can protect qualifying depositors up to R100 000 of positive balances in qualifying products if their bank is placed in resolution. The cap is per qualifying depositor per bank, including interest that falls inside that balance, not per account. It does not cover money market unit trusts. It does not cover RSA Retail Savings Bonds. Each card says which of those descriptions applies.
Tax on savings interest
SARS's interest and dividends page, checked on 28 October 2026, shows a South African interest exemption for the 2027 year of assessment of R23 800 if you are under 65 and R34 500 if you are 65 or older. Interest above that can be taxable. The page says the 25 February 2026 budget made no change to those amounts. Money market fund distributions are not automatically taxed in the same way as bank interest. A tax-free savings account is a different product, with a R46 000 annual contribution limit and a R500 000 lifetime limit from 1 March 2026. This is general information, not tax advice.
How WiT Money compares these products
Each page keeps its own products. A bank savings rate is not lined up with a money market fund yield or an RSA Retail Savings Bond coupon. A missing rate stays blank.
Nothing is sorted as the highest rate or the best account. The default order is the provider name. A listed product is not a recommendation. No provider is paying for a placement. The button opens the provider's website.
Bank deposits, unit trusts and government bonds stay in separate groups. CODI is described only for a qualifying bank deposit.
How we compare · How we make money · Editorial guidelines · Corrections
Questions
Questions readers ask
What does 32-day notice mean?
You ask the bank for the withdrawal and the money is due after 32 days, on that product's rules. It is not a 32-day fixed term that ends by itself.
Can I cancel the notice?
That depends on the bank. There is no single rule for every provider.
Are notice deposits protected?
They are bank deposits in this comparison, so CODI may apply to a qualifying depositor up to R100 000 at that bank. Confirm the product is a qualifying deposit.
Other savings pages
Sources
Page updated 28 October 2026. A source date is the day WiT Money checked that page, not a promise the institution has not changed it since.
- South African Reserve Bank
South African Reserve Bank · checked 28 October 2026
- Deposit insurance (CODI)
South African Reserve Bank · checked 28 October 2026
- Interest and dividends
South African Revenue Service · checked 28 October 2026
- Tax-free investments
South African Revenue Service · checked 28 October 2026
- RSA Retail Savings Bonds
National Treasury · checked 28 October 2026