Sasfin Call Account Review for May 2024
Introduction
The Sasfin Call Account is a savings account offered by Sasfin. Unlike notice or fixed deposits, savings accounts allow quick and easy access to your money.
This page summarises interest rates offered by Sasfin Call Account and compares them to South Africa's savings account industry average. So you can get a good idea how the interest rates offered by Sasfin Call Account compare to other banks.
The Sasfin Call account gives you flexibility as you can access your funds immediately, make deposits as you need to and earn market-leading nominal interest.
Sasfin Call Account highlights
last updated 1st May 2024 by Walter
Sasfin Call Account
This table shows Sasfin Call Account's interest rates for a R100,000, R250,000, R1,000,000 and R5,000,000 investment in Sasfin Call Account versus the industry average.
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R100,000 | 8.00% #15 out of 35 | 6.59% | + R 1,510 |
| R100,000 | 8.00% #15 out of 35 | 6.59% | + R 1,510 |
| R250,000 | 8.00% #17 out of 37 | 6.83% | + R 3,126 |
| R250,000 | 8.00% #17 out of 37 | 6.83% | + R 3,126 |
| R1,000,000 | 8.00% #13 out of 33 | 6.65% | + R 14,403 |
| R1,000,000 | 8.00% #13 out of 33 | 6.65% | + R 14,403 |
| R5,000,000 | 8.00% #13 out of 33 | 6.65% | + R 72,017 |
| R5,000,000 | 8.00% #13 out of 33 | 6.65% | + R 72,017 |
- 1 industry average refers to the average interest rate across all other savings accounts for the given investment amount
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than Sasfin Call Account.
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R100,000 for 18+ | 8.00% | 6.59% | + 1,510 |
| R100,000 for 18+ | 8.00% | 6.59% | + 1,510 |
| R250,000 for 18+ | 8.00% | 6.83% | + 3,126 |
| R250,000 for 18+ | 8.00% | 6.83% | + 3,126 |
| R1,000,000 for 18+ | 8.00% | 6.65% | + 14,403 |
| R1,000,000 for 18+ | 8.00% | 6.65% | + 14,403 |
| R5,000,000 for 18+ | 8.00% | 6.65% | + 72,017 |
| R5,000,000 for 18+ | 8.00% | 6.65% | + 72,017 |
- 1 industry average refers to the average interest rate across all other banks
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than Sasfin Call Account.
You get a 8% interest rate at Sasfin Call Account for a R5,000,000 investment. The industry average for a savings account with a balance of R5,000,000 is 6.65%. Over one year you will earn R72,017 more in interest at Sasfin Call Account compared to the average savings account.
Here are other similar savings accounts in South Africa which require a minimum deposit between R20,000 - R20,000
| Account | Min Deposit | Rate |
|---|---|---|
| Standard Bank MoneyMarket Call Account | R20,000 | 7.30% - 7.40% |
| Sasfin Call Account | R20,000 | 8.00% |
| Nedbank Money Market Investment Account | R20,000 | 5.50% - 6.75% |
