Fixed Deposit
Ideal if you have R1 000 or more to invest for one month or longer.
More about Fixed Deposit
- Invest for as little as R1 000
- Choose your investment period from 1 month to 24 months
- Interest rates depend on how long you choose to invest for
- Interest is paid to you either every month straight into your Ubank account or at the end of the investment period. You choose
- Look out for the interest rates that we are paying at the moment at your Ubank branch
- You will need to have a savings account
To open the account you need
- Minimum deposit of R1 000
- A green bar-coded identity book or valid South African passport
- Proof of physical address (not older than 3 months)
Your money will be available to withdraw
- At the end of the investment period
- If you need your money earlier in case of an emergency, come and talk
to us