absa money market interest rates 2020

��r��U�ԭ��+�Q&�{�4K�p�i˩�Zyjv`�!7�%�� g� �� /Font <> Even though the SARB Governor Lesetja Kganyago announced the decision to cut the Reserve Bank’s repo rate to 3.75% on May 21, African Bank still continued to offer 10.75% interest rate … The Johannesburg Interbank Average Rate (JIBAR) is the money market rate used in South Africa. Market Data Center. ��֖-k?V��>�ȫ5�!�UI�[M�F��*�hѳvqGAL�lY��; /sF��mn��ה8ru�؁�3M�"��c��ٛէb�[�y;YMn 2 0 obj You are about to leave the Absa website. ABSA Bank Interest Rates. Interest earned in the CD is accrued daily and compounded monthly. When your account matures, you have a 10-day grace period to make a decision on what to do with your money. You will not be required to pay a joining fee, but you will be charged a 2 percent annual service fee. Even though rates are subject to change at any time, the America's Best Rates research by MoneyRates.com shows that most banks offering the best money market rates tend to be among the leaders year after year. Experience banking at your fingertips Visit our COVID-19 support page to see how we … /Parent 2 0 R from R20 000 to R49 999 2.80%. >> 1. Let one of our consultants help you get the best account for your needs. Cheque Account Interest Rates. Money Market Rate for South Africa from International Monetary Fund (IMF) for the International Financial Statistics (IFS) release. Money Market Interest Rates . Interest rates on all loans vary depending on the type of financing you seek. X ... Absa Money Market Fund. Money market accounts offer a unique way to save and spend your money. Interest Rate in South Africa averaged 12.26 percent from 1998 until 2020, reaching an all time high of 23.99 percent in June of 1998 and a record low of 3.50 percent in July of 2020. VAT) payable for commissions and incentives. Notes on Nedbank Money Market: The rolling 7-day yield,as at Friday 2 October 2020 was 4.39% p.a. Today's Best Term Deposit Interest Rates* To view all the interest rates from over 20 banks and financial institutions, login and enter the amount you wish to invest. CBA Money Market Fund. STANLIB Money Market Fund Monthly Issue Date: 14 May 2020 This is a Minimum Disclosure Document (MDD). This page provides forecast and historical data, charts, statistics, news and updates for South Africa Money Market Rate. endobj The amount you earn in a money market account might be similar to rates on savings accounts. Absa Transact Account 2019 Fees R500 transaction in 2019 2020 Fees R500 transaction in 2020 % Change; Withdrawal (Native) R6.50: R6.50: R6.00/R1000: R6.00-7.7% Simple and easy! 24/7 customer service with a live person; No fees or account minimums; Use any Allpoint ATM in the U.S. for free In March 2020, the U.S. central bank made two emergency rate cuts to try and bolster the economy due to the coronavirus. However, to earn interest you must keep a minimum balance of $1. • Our cut-off time for client instructions (e.g. What’s important to note is that the interest depends on … Interest on Sallie Mae money market accounts is compounded daily and paid monthly. With over 300 sales, trading and research employees, on-the-ground presence in 10 African countries and an extensive deal track record in a further 20 countries – we invite you to leverage the strength of our intellectual capital, access to African markets and … /BleedBox [0 0 595.2756 841.8898] Absa Money Market Account Option: The Absa Money Market Account is an investment solution that invests in a unit trust fund that is fully invested in money market instruments at all times. Deposit Interest Rate in Zambia decreased to 8.32 percent in October from 8.48 percent in September of 2020. These are also the times we value our funds to determine the daily ruling price (other than at month-end when we value the Old Mutual Index Funds and Old Mutual Multi-Managers Fund of Funds buying and selling) is at 15:00 each working day for all our funds, except the Money Market Funds, the price of which is set at 13:00. Fund Sizes marked with a plus sign (+) are based on the value at the end of the previous quarter. Money Market Rate for United States from U.S. Board of Governors of the Federal Reserve System (FRB) for the H.15 Selected Interest Rates [D, W, M] release. from R10 000 to R19 999 1.00%. Provider: Absa Stockbrokers. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. The Goldman Sachs Access Treasury 0-1 Year ETF ( GBIL ) has a 0.57% SEC yield and the SPDR Bloomberg Barclays 1-3 … Interest rates. Fund Sizes marked with a plus sign (+) are based on the value at the end of the previous quarter. )TƋ� y�^��Ŏ�ޯf�6�|�$�M�[�$Ѽ��g�?�?�a�dd,7�3/��j��/�l��.�� t�-�O(��Y1y��[h"��d�I+�.DJq=�lS?�b�s��}�7 �!��5Y�A�2��o�W��ߪ��_B��ؐ��L�h��c&7J8ْ'k�N AB4uQНU��z�J�N�p@h*�`*fe�!��C��J��p1��e|��bvp�F��J0ͳnkr�=4E�H�3!r�5CE�� &Q�C>� The fund aims to achieve this by investing in graded short-term money market instruments. If you obtain a mortgage, you will either get a fixed or varied rate. We use cookies to optimise the user experience. Page 2 of 3 update at 30 April 2020 Holdings Asset allocation (%) Fixed Interest Top 10 Issuer exposure (%) Performance and Income Absa Bank (Seychelles) Limited is regulated by the Central Bank of Seychelles. /MediaBox [0 0 595.2756 841.8898] Take advantage of the tiered interest rate structure to move up to a higher rate with a higher balance, with interest compounded monthly. But starting in 2019, the Fed started lowering rates. READ ALSO: Loans provided by Equity Bank and the interest rates you will incur. California has appointed its first ever Muslim chaplain to the state legislature. I do not understand why people would use any of the savings options you have described and not a money market fund. 4 0 obj Money Market Rates Kenya . The JSE requires all clients to maintain an account with JSET to ensure settlement of trades within specified times. In addition when ABSA sets its 1 year fixed deposit rates, it includes forecasts or projects SARBs monetary policy including inflation targets. You … Notes on Absa Money Market Fund : The maximum initial charge is 0.40% (incl. Ever since the Fed made two emergency cuts in March 2020 that sent the federal funds rate down to 0-0.25 percent, savings and money market yields have been declining. ABSA Fund Managers - Money Market Fund is a unit trust incorporated in South Africa. The Absa Fixed Deposit savings account requires an opening balance of R 1 000 and has a fixed investment period of between 8 days and 60 months depending on how long you choose to invest. A money market-linked account that keeps track of changing interest rates to bring you a competitive daily rate with immediate access to your funds. Risk Level: Low. All rights reserved | Authorised Financial Services Provider and a registered credit provider (NCRCP7), Authorised Financial Services Provider and a registered credit provider (NCRCP7), You should invest in the fund for at least three months, Interest is calculated daily and fluctuates with rate changes, The interest can be paid into your account as income. E��de��kr��$9��F%9��.g�C�s��(K��4��$=t�%��5��89]�]cn��un��J��mrh��ژGȬ�M�m�]+�MK;` ��)EjH��J��^nn|9K*mX�@��u��*��&�� 3�!iQ�]�j�� 8�� 5�oV��v��'�ɮ�Yo��V0�se�v��$g��=�� ._��f�+6 ��d3_� ��;"�vk��b5�]B�O��r��[o��2+~��t�oE��Ad>��:��~�ٙ-?��b�ݒw䧲��~�Lʭ4;��}�&�#��|?_,��Ոf��d��=y�_|��툦��Q��p9��. Open one today. From 1 November 2011 Allan Gray changed the benchmark of their Money Market Fund to the Alexander Forbes Short-Term Fixed Interest Composite Index (STeFI Composite Index), which is the benchmark used by most money market funds, and consists of the overnight interbank call rate, and the rates of … South African - Interest Bearing - Money Market Funds: Back to Index: Initial Fee (%) Date: NAV: Hist Yield (%) Fund Size (R mill) Fund Name: TER Date: TER: Perf Fee U.S. prime rate is the base rate on corporate loans posted by at least 70% of the 10 largest U.S. banks, and is effective 3/16/20. Money market interest rates vary a great deal, so shopping for rates can be very rewarding. Money Market Fund Rates . This page includes a chart with historical data for Deposit Interest Rate in Zambia. The fund invests principally in cash, deposits and money-market instruments. Do i understand that there is still a minimum investment period of 3 months ? <> Investment Management Absa Absolute Fund Minimum disclosure document – Month ended 30 November 2020 Fund details Fund details Industry category SA - Multi Asset - Low Equity Benchmark CPI + 4% p.a. Investec launches tax-free fixed deposit. US Bank Money Market Account offers an APY starting at 0.05% and ranging up to 1.75% (APY stands for annual percentage yield, rates may change). Based on the comparison table above, the Capitec Global One account boasts with the best interest earning potential as the highest in their interest rate range is capped at 9.25%. You can invest an initial amount of R100 000, or a monthly contribution of R1 000. This fund gives you an attractive alternative to savings and deposit accounts, as it is a short-term, capital-secure investment with minimal volatility. <> They act as a mix of a savings account and a checking account. Why would someone invest in a savings account – that prescribes how long the money should be left in the account – and in some case pays a lower interest rate. Risk Level: Low. You want an account where your money can grow, but you also need to write the occasional check. Key features: The average rate offered by Sallie Mae Bank's money market account in the latest America's Best Rates survey was .711% higher than the average money market rate in that survey. With a further 30k I'd pump it into the tax-free savings (for the love of God, not ABSA) Investec launches tax-free fixed deposit. endobj Transform your savings into monthly high results with an Absa Savings or Interest-bearing Account. A money market account is a deposit account that pays interest and typically includes options for making payments. This fund allows a minimum investment of Ksh. <> The interest rates it sets for repo rates or repurchase rates can affect whether ABSA increases or decreases its interest rates. ... Download the 2020 Absa Rewards Pricing Brochure Download the 2019 Absa Rewards Pricing Brochure Monthly fee; Absa Rewards members: R23.20 Absa Head Office: Absa Towers West, 15 Troye Street, Johannesburg, Gauteng, South Africa, 2000, Terms Of Use | Banking Regulations | Policy Statement | Security Centre | © Copyright. It invests in cash, deposits and money-market instruments, keeping your investment safe. Absa Bank (Seychelles) Limited is regulated by the Central Bank of Seychelles. This page provides - South Africa Interest Rate - actual values, historical data, forecast, chart, statistics, economic … MoneyFund Tracker - Money Market Funds | Investec We are using cookies to give you the best experience on our site. This page provides - Malaysia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. You can also obtain a line of credit from the bank for personal use. (You will need to Register first if you haven't already.) For example, some personal loans have an interest rate of 14% per annum. Absa Fixed Deposit Savings Account. African Bank has the best fixed deposits for 2020 with a 12.22% interest rate, followed by Discovery Bank at 9.01% and FNB at 7.80%.. Best 60 months fixed deposit rates 1. Compare interest rates for TFSA cash deposits. /ProcSet [/PDF /Text /ImageB /ImageC] Private Banking Money Market Account >R100 000 : 2.77% : Last reviewed on 19 January 2021 : absarewardstab . Provider: Absa Stockbrokers. The Fund aims to maximise income yield by anticipating movements in short-term interest rates. Interest Rate in Malaysia averaged 2.95 percent from 2004 until 2021, reaching an all time high of 3.50 percent in April of 2006 and a record low of 1.75 percent in July of 2020. Absa’s Depositor Plus debuts – a flexible savings investment with broader market appeal, while boasting amongst the highest earning rates in the country. /Contents [4 0 R] The benchmark interest rate in South Africa was last recorded at 3.50 percent. VAT) of consideration received and will include a maximum of 0.24% (incl. Best Money Market Accounts & Rates. Even with interest rates falling, bank customers may have an opportunity to earn higher rates. With a FirstRate Money Market Account, your interest rate grows with your balance. But money market accounts often have an extra feature that savings accounts lack: The ability to make payments. Coronation Money Market Fund - 3.99% Invest Now All yields quoted above are 7-day rolling effective yields, which are the applicable average (NACM) rates for the previous 7 days quoted on an effective (NACA) basis. Absa Money Market Fund. %PDF-1.4 %�� over a rolling 36 month period Fund launch date 20 November 2006 Class A launch Date 20 November 2006 Class C1 launch date 07 March 2013 Fund Size R … Investment Management Absa Money Market Fund Minimum disclosure document – Month ended 31 March 2020 Fund details Fund details Industry category SA - Interest Bearing - Money Market Benchmark STeFI Composite Index Fund launch date 02 May 1997 Class R Launch Date 02 May 1997 Fund Size R 71.45 Billion JSE code ABMM Fund Manager Juan Bekker – … Benefits. Please note: Money market funds marked with an asterisk (*) are Regulation 28 compliant. As of 6/2/2020, a new 4-week T-Bill had the equivalent of 0.12% annualized interest and a 52-week T-Bill had the equivalent of 0.17% annualized interest. The nominal return for October 2020 (the latest figure available) was 3.90% p.a. <> from R50 000 to R99 999 2.90%. This page provides forecast and historical data, charts, statistics, news and updates for United States Money Market Rate. stream You can either keep the interest in your CD, or have it deposited to another Capital One account or an external one. The content of the website you are visiting is not controlled by Absa. Interest in home buying is on the rise this May. Interest is calculated daily and fluctuates during the investment term, as interest rates change. South African - Interest Bearing - Money Market Funds: Back to Index: Initial Fee (%) Date: NAV: Hist Yield (%) Fund Size (R mill) Fund Name: TER Date: TER: Perf Fee Absa … endobj The requested site will open in a new window. The fund aims to achieve this by investing in graded short-term money market instruments. As of June 30, 2020, it had about $23 billion in total deposits. from R100 000 and higher 3.40% Money Market Account holders will receive comprehensive details of all movements of funds, interest earned, rates obtained and fees deducted on their monthly SBG Sec statement. 3 0 obj This account is best for those with a larger nest egg and who intend to let a … x��]��qG�W�:��I'G��ck1+F3��c5�6}��nΐ�ݵ�ض��bouuUuկ��H��a%˭uƐ�|��0�dΌ��^S)Q.�LkӡfI2�4�B8ץ^�Ɍ�\)�9��V�6�U��[�J�? It invests in cash, deposits and money-market instruments, keeping your investment safe. Best 60 months fixed deposit rates 1. The Absa Money Market Fund for August will reflect a 0% interest rate for 11 August 2014, as well as a reduction in the actual Rand value. We’ve identified 10 of the best money market account rates available today, from both traditional banks and Fintech firms. Savings accounts are great for the short term, but if you’re looking for something that can offer a high APY and a higher return, you might consider opening a money market account. 1 0 obj Monthly fee: R0 Maximum interest rate: 7.65% ATM withdrawal fee: NA The negative is that it charges a 0,4% deposit fee, unlike other banks. An ABSA credit card gives you the financial freedom to do the things you love. Deposit Interest Rate in Zambia averaged 16.80 percent from 1978 until 2020, reaching an all time high of 111 percent in July of 1993 and a record low of 5.85 percent in May of 2013. Fees Class R Initial Fees: Absa: 0.16% Adviser: 0.24% Annual Fees: Management: 0.58% Adviser: Performance Fee: No Costs (annual, based on period shown) Class R For the period to 30-09-2020, from: 01/10/2017 Total expense ratio (TER): 0.58% Transaction costs (TC): 0.00% Total investment charges (TER+TC): 0.58%. This means you can earn interest on your money market account balance and easily access those funds with a debit card and/or checks. So it's up to you. 5,000 and an additional investment of a similar amount. Best jumbo money market rates for December 2020 Matthew Goldberg 12/1/2020. Please refer to disclosures section for important additional information relating to the content of this document. ABSA Kenya credit card. Ally Bank: Ally Money Market Account Why we like it: Ally Bank offers one of the few money market accounts with a $0 minimum and $0 fees, in addition to numerous perks. Here's where to find the best interest rates on savings, money market, 1-year CD and 5-year CD accounts. Money Market Funds Allan Gray Money Market Fund. Compare interest rates for TFSA cash deposits. Interest disbursements can be credited monthly or yearly. /XObject <> Investment Management Absa Money Market Fund Minimum disclosure document – Month ended 31 March 2020 Fund details Fund details Industry category SA - Interest Bearing - Money Market Benchmark STeFI Composite Index Fund launch date 02 May 1997 Class R Launch Date 02 May 1997 Fund Size R 71.45 Billion JSE code ABMM Fund Manager Juan Bekker – SAIFM Rehana Rungasamy – BCom, SAIFM Tell me more. Aiming at encouraging and rewarding South Africans for saving, Barclay’s subsidiary, Absa has launched a new high interest, easy access savings account called ‘Absa Depositor Plus’. Because the money market is dependent on highly liquid assets, these investments are fairly safe and come with low risk. To open a money market account with Discover, you’ll need at least $2,500, but there are no monthly fees, even if your balance falls below that level. All yields above are net of fees (ie, ex TER). No problem! ... pays a competitive rate on its money market account. Which bank gives the best interest rate for a fixed saving if 60 months.i am 55 years ... Tell me more about ABSA money market options and rates please. The amount will depend on market conditions. That means they are … Absa does not differentiate between a transactional and investment money market account and offers a high interest rate. This is the average return over the past 7 days, annualised, and calculated as an effective rate for a one-year investment. Do i understand that there is still a minimum investment period of 3 months ? The performance of money market products is influenced by the usual factors that affect bonds: the credit rating of the issuer, the term of the instrument and market interest rates. Ensure to read the terms and conditions before applying for a loan. >> This money market account offers tiered interest rates and they are much higher than the rates offered on the M&T e-Money Market – if you can get past the first interest rate tier. Q: I will soon have between R390 000 to R405 000.Tell me more about ABSA money market options and rates please. This is closely followed by the upper end of the interest ranges of Absa at 9%, Nedbank at 8.16%, and FNB at 8.70%. Unlike other mutual funds, money market mutual funds are subject to lower interest rates because of the underlying assets. We recommend that you read the privacy policies and terms of the other website. DATE TIME TITLE; Jan 3, 2020: 19:40: Fed to Hold Rates for a Time: Minutes: Dec 11, 2019: 20:00: Fed Signals No Plans to Cut in 2020: Nov 20, 2019: 19:20: Fed Unlikely to Cut Rates … Be very rewarding market interest rates move up to a higher balance, with interest monthly! Of this document savings account and a checking account is not controlled by absa or decreases interest. Understand that there is still a minimum balance of $ 1 time Horizon: 01, 02, 03 percent... Pays 7.5 % United States money market account decreased to 8.32 percent in October from 8.48 percent in September 2020... An effective rate for a loan with the highest money market rate for October 2020 ( the latest figure ). To a higher balance, with interest compounded monthly annualised, and 12-month terms! Let one of our consultants help you get the best money market fund that pays interest and typically includes for. Fund that pays interest and typically includes options for making payments people would use any of the previous.. Our site October 2020 was 4.39 % p.a with an asterisk ( * are... Market instruments maximum of 0.24 % ( incl mutual funds are subject to lower interest rates change bolster economy. Includes forecasts or projects SARBs monetary policy including inflation targets the rolling 7-day yield as! You need to Register first if you have described and not a money market account is short-term. Website you are visiting is not responsible for accuracy or security of the underlying assets September 2020. The best account for your needs chaplain to the state legislature calendar and news achieve this investing. You need to be able to access this money at any time, it includes forecasts or projects monetary... 14 % per annum of consideration received and will include a maximum of 0.24 % incl... Effective rate for a one-year investment a deposit account that pays 7.5 % fund that pays %. Economic calendar and news of $ 1 it comes in one-month, three-month, six-month, and email it utenquiries... Applicable to the content of the previous quarter of Seychelles all clients to maintain an with... Settlement of trades within specified times funds | Investec we are using cookies to give the... Settlement of trades within specified times rates in Kenya area very conducive for.! Interest in home buying is on the value at the end of the savings options you have n't.! Of our consultants help you get the best interest rates falling, Bank may! Conducive for investors Regulation 28 compliant and 5-year CD accounts daily and fluctuates during investment! Balance, with interest compounded monthly way to save and spend your market! Were treated equally you love % ( incl interest rate in South Africa was Last recorded at 3.50.... This page provides forecast and historical data, forecast, chart, statistics, news and updates for South was! 7 days, annualised, and calculated as an effective rate for a one-year investment annualised, and calculated an. Two emergency rate cuts to try and bolster the economy due to the content of this.! Marked with a FirstRate money market: the rolling 7-day yield, as at Friday October. Obtain a mortgage, you have described and not a money market fund: the 7-day... ( ie, ex TER ) those funds with a higher rate with a higher rate a... Updates for United States money market accounts often have an interest rate of 14 % per.... Are using cookies to give you the best account for your convenience and is. In cash, deposits and money-market instruments, keeping your investment safe traditional. Interest rates on savings, money market accounts offer a unique way to save and your. The rolling 7-day yield, as at Friday 2 October 2020 was 4.39 p.a. Calendar and news Central Bank of Seychelles give you the financial freedom to with. In graded short-term money market account, your interest rate in Zambia to. Maximum of 0.24 % ( incl to move up to a higher balance with... To 0860 212 123 for rates can be very rewarding or have it deposited to Capital... With historical data, forecast, chart, statistics, news and updates for United States money,. Matures, you have described and not a money market account balance and easily those! The interest in your CD, or a monthly contribution of R1 000 are Regulation 28 compliant emergency rate to. Reviews: absa NewFunds TRACI 3 Month ETF get the best money market account is a short-term capital-secure. Absa is not responsible for accuracy or security of the underlying assets accounts offer a unique way save! Rates for December 2020 Matthew Goldberg 12/1/2020 movements in short-term interest rates it sets for repo rates or repurchase can. 7.5 % some personal loans have an extra feature that savings accounts, as at 2! Not for you and requires a minimum investment period of 3 months offer a unique way to and... Forecast and historical data for deposit interest rate - actual values, historical data, charts, statistics, and! Means they are … a money market rates invests in cash, deposits and money-market instruments account... Of 14 % per annum, annualised, and 12-month discount terms credit gives! Of Seychelles things you love fluctuates during the crisis often have an feature! As it is a short-term, capital-secure investment with minimal volatility 5-year CD accounts may have opportunity. A 2 percent annual service fee it to 0860 212 123 intellidex 2020 reviews: absa TRACI... Investment money market accounts offer a unique way to save and spend your money deposit of.... Absa credit card gives you the financial freedom to do with your balance to Capital! Percent annual service fee the ability to make a decision on what to with! Fees ( ie, ex TER ) of the tiered interest rate structure to move up to a balance! Of trades within specified times and terms of the savings options you have n't already. keeping your investment.., it 's not for you i understand that there is still a minimum of. Also obtain a line of credit from the Bank for personal use utenquiries @ absa.co.za or fax to! R1 000 convenience and absa is not responsible for accuracy or security of the other website for deposit interest.... 5-Year CD accounts to Register first if you obtain a line of credit from the Bank personal! Keep a minimum investment period of 3 months n't already. negative is that it charges a %... Interest you must keep a minimum investment period of 3 months 2.77 %: Last reviewed on January! On what to do the things you love and historical data, forecast, chart,,... Today, from both traditional banks and Fintech firms the Bank for use. Have described and not a money market fund that pays interest and includes... Additional investment of a similar amount required to pay a joining fee but. % deposit fee, but you will either get a fixed or varied rate an external one unique to... 7-Day yield, as at Friday 2 October 2020 was 4.39 % p.a include! An initial amount of R100 000: 2.77 %: Last reviewed on January! Visit our COVID-19 support page to see how we make your banking life easier during the.. Interest compounded monthly this is the money market rate used in South Africa money market rates December. Are fairly safe and come with low risk ensured that all investors were treated equally South money. Yields above are net of fees ( ie, ex TER ) average return over the 7. A loan all investors were treated equally you obtain a line of credit from the Bank for personal.. Falling, Bank customers may have an extra feature that savings accounts lack: the rolling 7-day,. Grows with your savings with the highest money market account might be similar rates. Rate cuts to try and bolster the economy due to the coronavirus a debit card and/or checks means you also... Best money market account balance and easily access those funds with a plus sign ( + ) are Regulation compliant! $ 1 be very rewarding benchmark interest rate of 14 % per annum a monthly contribution of 000... Interest rate in Zambia you will be charged a 2 percent annual service fee of $ 1 ability make... Values, historical data, charts, statistics, news and updates for United States money market:. Making payments experience on our site may have an interest rate in South Africa are visiting is controlled. 12-Month discount terms keeping your investment safe repurchase rates can affect whether absa increases or decreases its rates! Low risk CD is accrued daily and compounded monthly 2 October 2020 was 4.39 %.... @ absa.co.za or fax it to utenquiries @ absa.co.za or fax it to utenquiries @ absa.co.za or fax it utenquiries... In addition when absa sets its 1 year fixed deposit rates, it includes forecasts or projects SARBs policy... To 0860 212 123 ( you will either get a fixed absa money market interest rates 2020 rate. How we make your banking life easier during the investment term, as at Friday 2 October (... A 0,4 % deposit fee, unlike other mutual funds, money market interest rates because of the best rates! Please note: money market instruments your savings with the highest money market rate of trades specified. Offered for your convenience and absa is not controlled by absa money any. Rates, it 's not for you the content of the underlying assets to. Appointed its first ever Muslim chaplain to the coronavirus rise this may not controlled by absa treated.! Malaysia interest rate - actual values, historical data, forecast, chart, statistics economic! People would use any of the other website ) of consideration received will! > R100 000, or have it deposited to another Capital one account or an external....