Investment Accounts - Investec Prime Linked Fixed Deposits Investment Account

Investec Prime Linked Fixed Deposits Investment Account

 
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Investec Prime Linked Fixed Deposits Investment Account

The Investec Prime Linked Fixed Deposits Investment Account is an investment account. In return for preferential…

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Investec Prime Linked Fixed Deposits Investment Account

The Investec Prime Linked Fixed Deposits Investment Account is an investment account. In return for preferential interest rates, you agree to invest a lump sum amount for a fixed period at a variable interest rate that is guaranteed upon account opening and is linked to the prime rate. The account allows you to choose from a 3 month to 3 year fixed period and the prime linked interest rate is geared to the size and duration of your investment.

Investec Prime Linked Fixed Deposits Investment Account Features:

  • No monthly fee charges.
  • Dedicated Client Support Centre.
  • Minimum deposit of R100 000 required.
  • You have the ability to customize your product by specifying the parameters.
  • The interest rate on your fixed deposit is tailored, depending on the size and duration of your investment.
  • Based on your instruction, you can elect to have the interest earned paid out monthly to a bank account of your choice or have the interest re-invested into your Fixed Deposit Investment account.
  • In the event that Investec have not received an instruction on the maturity date, your funds will automatically be placed in a daily call account earning a market related interest rate.
  • The interest rate is tiered by initial deposit amount and term of investment.

 

Investec contact details:

Address: 100 Grayston Dr,
Sandton, Johannesburg 2196

Tel: 011 286 7000
Email: [email protected]
Website: www.investec.co.za

Account Details

Highest Interest Rate 6.10% - 7.03%
Min Investment Amount 100000.00
Investment Period 3 months to 3 years

Interest Rates

R1,000 - R10,000 NA
R10,000 - R25,000 NA
R25,000 - R50,000 NA
R50,000 - R75,000 NA
Interest R75,000 - R100,000 NA
Interest R100,000 - R500,000 6.00% - 7.03%
R500,000 - R1,000,000 6.05% - 7.03%
R1,000,000 - R5,000,000 6.10% - 7.03%
R5,000,000 + 6.10% - 7.03%


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