Money Tips

10% interest Fixed Deposit Account

03 Sep 2025
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Are you looking for a smart way to grow your money and reach your financial goals faster? Look no further than GoTyme Bank’s Fixed Deposit Account, offering one of the best interest rates in the country. With a guaranteed 10% interest rate over 12 months, daily interest earnings, and no minimum or maximum savings limits, a GoTyme Bank Fixed Deposit Account is the perfect solution for savvy savers.

What is a Fixed Deposit Account?

A Fixed Deposit Account, also known as a Fixed Savings Account, is a type of savings account where you deposit a fixed amount of money for a set period, usually ranging from a few months to several years. During this term, you cannot withdraw the funds without incurring penalties, but in return, you receive a higher interest rate than traditional savings accounts.

Why choose GoTyme Bank’s Fixed Deposit Account?

GoTyme Bank’s Fixed Deposit Account offers an unbeatable 10% interest rate, guaranteed over a 12-month term. This is one of the highest interest rates available in the country, making it an attractive option for those looking to maximise their savings potential.

In addition to the impressive interest rate, GoTyme Bank’s Fixed Deposit Account offers several other benefits:

  1. Daily interest earnings: Unlike many other savings accounts that calculate interest monthly, GoTyme Bank’s Fixed Deposit Account earns interest daily. This means your money grows faster thanks to the power of compound interest.
  2. Flexible terms: Choose the term that best suits your savings goals, with options of three months, six months, or 12 months. The longer the term, the higher the interest rate you’ll receive.
  3. No minimum or maximum limits: Whether you’re just starting your savings journey or have a substantial amount to invest, GoTyme Bank’s Fixed Deposit Account accommodates all savers. There are no minimum or maximum savings limits, allowing you to save as much or as little as you want.
  4. No fees: Opening a GoTyme Bank Fixed Deposit Account is free, with no hidden fees or charges. This means every rand you deposit goes directly towards your savings, maximizing your returns.

Opening a GoTyme Bank Fixed Deposit Account is quick and easy. First, ensure you have a GoTyme Bank Current Account, then follow these simple steps:

  1. Plan ahead by deciding how much money you want to save and for how long (3, 6, or 12 months).
  2. Ensure you have the desired amount available in your Current Account.
  3. Log in to your GoTyme Bank app, click “New Fixed Deposit,” and follow the on-screen instructions.

Start saving today

Whether you’re saving for an engagement ring, education, a car, or any other big dream, a GoTyme Bank Fixed Deposit Account can help you reach your goals faster. With a guaranteed 10% interest rate, daily interest earnings, and no fees or limits, it’s the smart choice for savvy savers.

Open a GoTyme Bank account today

As a GoTyme Bank account holder, you can focus on achieving your dreams.

Remember, you can access all the benefits of being a GoTyme Bank account holder by opening a GoTyme Bank account in less than five minutes. The GoTyme Bank app gives you access to seamless transactions, a bank account with no monthly fee, and double Smart Shopper points. Simply download the GoTyme Bank app or choose the option to open an account online to activate these benefits.

All you’ll need is:

  • A South African ID number
  • An active South African cellphone number
  • Be 16 years or older

Don’t miss out on this opportunity to maximise your savings potential. Open a GoTyme Bank Account today and start your journey towards financial success with a Fixed Deposit Account.