Choose from a period as little as two months up to 12 months, and a minimum deposit of R10,000.00. Choose the deposit period you’d like – from two months up to 12 months. This bank specializes in business-centered services. Best Fixed Deposit Rates for December 2020. With a fixed term investment, you earn higher rates. Share on Twitter. Bidvest Bank Limited (Reg no 2000/006478/06) is a licensed financial services and registered credit provider, NCRCP17. The interest rate is fixed for the whole maturity period and, it's … Discovery Bank Limited. Rank. Take the above mentioned documents to your nearest branch in order to open an account. Bidvest Bank Fixed Deposit With a fixed term investment, you earn higher rates. Best 3 Month Rates for individuals younger than 55 * rates last updated 22nd December. This bank specializes in business-centered services. Benefits Bidvest Bank is part of the Bidvest Group Limited, founded in 1988. We are a private non-profit organization interested in bringing together every valuable information on the banking sector in South Africa and beyond. Choose from a period as little as two months up to 12 months, and a minimum deposit of R10,000.00. Your capital is guaranteed and there are no monthly fees. Beware of websites purporting to be either a Bidvest Bank website or a site associated with Bidvest Bank - … Enter the initial deposit amount. The maximum interest you can earn on this account is 6.5% for over R100 000. Proof of address (utility bill or similar), Proof of deposit (if customer is doing EFT). Your Fixed Deposit Account comprises of a single deposit for a fixed term at a guaranteed fixed interest rate. Beware of websites purporting to be either a Bidvest Bank website or a site associated with Bidvest Bank - these sites are fraudulent. If you’re 55 years of age or older, you qualify for 8.38% interest on a 12-month fixed deposit. Getting Started Latest Rankings Calculator Blog Get Free Stuff. Term Deposit Calculator. Terms and conditions apply, In terms of legislation, proof of legislation, proof of residence and positive identification are required to open a Bidvest Bank Fixed Deposit Account. Your Fixed Deposit Account comprises of a single deposit for a fixed term at a guaranteed fixed interest rate. Additional Information. Monthly interest can be paid into a nominated account or transferred to a call account. Choose from a period as little as one month up to twelve months, and a minimum deposit of R10,000.00. You can choose between our Fixed term deposit account, Prime-linked, LiquidFixed or Tax free fixed deposit products. Whether you have $100 or $10,000 to contribute, your initial amount is crucial to your investment's growth. Fixed Deposit Calculator. This calculator is designed to indicate how much the total interest you will receive, based on our Term Deposit rates. Take the above mentioned documents to your nearest branch in order to open an account. Visit Capitec Rates and Fees for the full breakdown. A fixed term investment means you get higher interest rates. You are only permitted one partial or one full withdrawal over the first 5 years. No additional deposits allowed. The multiple deposits option allows you to deposit under R10 000 but you cannot invest it for longer than two years. Enter the deposit period, in months. Applicable to corporates and individuals. Prime linked interest calculator. Applicable to corporates and individuals, 18 years or older. The only valid Bidvest Bank website is www.bidvestbank.co.za or www.bidvestbank.com. On September 15, an arbitral tribunal, which heard the case between GVK and Bidvest, gave GVK time till October 31 to deposit the money to buy out Bidvest shares. We are in no way connected to/with or affiliated to any bank. The interest rate will be confirmed by Bidvest Bank at the time the contract is established. The bank services include savings, personal and business loans, investments, insurance, debit cards and foreign exchange. The only valid Bidvest Bank website is www.bidvestbank.co.za. Fixed Deposit interest calculator. Enter the bank interest rate, in percentage. ... figures generated by the calculators shall not be binding on the bank. For more details, see our full rates table. * The pensioner rate is applicable to customers aged 55 and older on a 12 month Fixed Deposit only. Getting Started Latest Rankings Calculator Blog Get ... Best 3 Month Rates Best 6 Month Rates Best 12 Month Rates Best 2 Year Rates Best 3 Year Rates Best 5 Year Rates. More Calculators. * The pensioner rate is applicable to customers aged 55 and older on a 12 month Fixed Deposit only. Bidvest Bank Limited (Reg no 2000/006478/06) is a licensed financial services and registered credit provider, NCRCP17. ... figures generated by the calculators shall not be binding on the bank. A Restart Fixed Deposit offers highly attractive rates that enable you to secure your capital for a fixed period. Interest may be paid monthly, quarterly, half-yearly, annually or on maturity. Bidvest Bank Limited is a licensed financial services and registered credit provider, NCRCP17. Find out which bank offers the best fixed deposit for your investment. The Bank will request certain information from you before your Application can be considered. Yes, the Fixed OUTcome Endowment is a 5 year investment policy that invests in a 5 year fixed deposit. Simply go to the FD Calculator and choose the type of customer you are, your FD type, i.e. You earn a competitive, market-related, fixed interest rate. Bidvest Bank Ltd Terms and Conditions Applying for the Bidvest Bank Grow Account™ card Any application for the Bidvest Bank Grow Account™ is subject to the Bank’s approval criteria and may be declined at the Bank’s sole discretion. Access funds after a fixed period with a Restart Fixed Deposit. Forex Calculator. Bidvest Bank limited (Reg No 2000/006478/06) is a licensed financial services and registered credit provider. Your capital and your interest rate are guaranteed – you will always get out more than what you put in. For deposits of R10 000 or more, you’ll earn 7.00% for 3 months, 7.55% for 6 months, 7.80% for 9 months and 8.18% for 12 months. We are a private non-profit organization interested in bringing together every valuable information on the banking sector in South Africa and beyond. The nominal rates are indicative only and are subject to change without prior notice. homenavigate_nextFinancial Calculatornavigate_nextDeposit Calculator. The bank is licensed as a locally controlled bank by the South African Reserve Bank. Bidvest Bank, is a commercial bank in the Republic of South Africa. You may also want. Get Free December Report. Your Fixed Deposit Account comprises a single deposit for a fixed term at a guaranteed interest rate. Interest is calculated daily and payable monthly, or on maturity. cumulative or non-cumulative and the amount of your principal and the tenure. There’s a personal deposit or investment product for you that comes with saving period options at highly competitive interest rates. Bidvest Bank Limited (Reg no 2000/006478/06) is a licensed financial services and registered credit provider, NCRCP17. Rates are subject to change. SA's Best Fixed Deposit Rates ... Get Started. No monthly fees and commissions. Registration number 2015/408745/06. You should invest with the intention of not withdrawing early, as withdrawals are limited by regulation. 1. Bidvest Bank Account Online Application ** Looking for a basic savings account, fixed deposit account, or wanting to invest money overseas? Earn up to 7.88% when you invest for 12 months. RMB Private Bank's Tax-Free Shares Account offers tax-free investment in the top 100 companies listed on the Johannesburg Stock Exchange (JSE), with a minimum investment of R300 per month or a minimum of a R1 000 once-off lump sum. Because it’s a fixed investment, you’ll also earn higher interest rates – and the longer you invest your money, the higher your interest rate will be. When thinking about the future, this calculator might help you decide on the amount you need to fund a child's education, a wedding anniversary trip, or your retirement, and so on. Bidvest Bank is a commercial bank in South Africa, with headquarters in Sandton. The interest rate will be confirmed by Bidvest Bank at the time the contract is established. Calculators Calculate anything from your homeloans to investment goals, fees and interest rates. With a fixed term investment, you earn higher rates. It is a niche bank specialising in foreign exchange and providing retail banking, vehicle financing and insurance. Your Fixed Deposit Account comprises of a single deposit for a fixed term at a guaranteed fixed interest rate. The only valid Bidvest Bank website is www.bidvestbank.co.za.Beware of websites purporting to be either a Bidvest Bank website or a site associated with Bidvest Bank - … The interest rates quotes above (7.00%, 7.55%, 7.80%, 8.18%)  are the annual effective rates and are applicable to the 3-month, 6-month, 9-month and 12-month Fixed Deposit Accounts respectively when investing R10 000 or more. An investment account with a fixed term, typically giving you a higher interest rate than investments available overnight or with notice. You can use the Fixed Deposit Calculator or Term Deposit Calculator to determine the FD maturity amount. Using a simple savings calculator can help you quickly and accurately estimate the growth of your investment. Calculate the amount of interest you will earn over a chosen period. Fixed term savings periods range from one month to five years. There are two interest payout options you can choose from, the monthly payout which has a 5.03% rate and the payout on maturity at 5.08%. Best 3 Month Rates. With our Fixed Deposit Account, you deposit a single amount – a minimum of R10 000 is required – for a fixed term at a guaranteed interest rate. We are in no way connected to/with or affiliated to any bank. We boldly provide the public contacts of the banks we write about so it is advisable to verify with the specific bank in case you need clarification on any issue. More calculators. How it works. Discovery Bank is an authorised financial services provider (FSP48657) and registered credit provider (NCRCP9997) Below is the information on the Bidvest Bank Interest Rates. Rates effective 14 June 2018. Getting Started Latest Rankings Calculator Blog Get Free Stuff. The average interest rate you can earn in your fixed deposit account is 5%. African Bank. Bidvest Bank limited (Reg No 2000/006478/06) is a licensed financial services and registered credit provider. Rates are indicative and subject to change. Bidvest Bank is a wholly-owned subsidiary of the Bidvest Group Limited. Investment Amount (Rands) Select Fixed Deposit Term (in months) 60 We boldly provide the public contacts of the banks we write about so it is advisable to verify with the specific bank in case you need clarification on any issue. Calculate the amount of interest you will earn over a chosen period. Prime linked interest calculator. By reading these lines, you will get to know how this bank operates, what kind of loans you can ask for, how to simulate your loan , and contact details of Bidvest Bank. To use this calculator, you'll need the following information: Initial Amount This is the starting amount of your investment, or how much you can initially contribute to the account. Fixed Deposit (FD) Calculator Earn more on your investment Use this calculator to work out the annualized interest rate on your investment, or to help you decide how much to invest, or to work how much money your investment could earn for you. Bidvest Bank Limited review 2020 Bidvest Bank Limited Type Private Owner Bidvest Group Limited Founded 1998 Sector Financials Industry Banking Products Persoal and business loans,… Dec 22, 2020 Early withdrawals are charged a fee, which we’ll calculate on request. Fixed Deposit is a kind of Term Deposit with higher interest rate (as compared to regular savings account) and because of high interest rate and low risk, it's quite a popular investment choice in India. Fixed Deposit Interest Calculator. You choose how long you want to invest (6 – 60 months) Deposit a single amount up to a maximum of R20 million to invest over the term you choose; Minimum deposit amount of R10 000 The only valid Bidvest Bank website is www.bidvestbank.co.za. Bidvest Bank Bidvest Bank also offers good rates for a 6-month deposit term. Beware of websites purporting to be either a Bidvest Bank website or a site associated with Bidvest Bank - … Bidvest … It's a fixed deposit account which means you invest once and benefit from the interest charge per month. Bidvest Bank Savings Account Depending on the duration of the investment, you put in a minimum of R10 000 into the Bidvest savings account. 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