Fixed Deposit Overview

  • Invest with as little as R1 000.
  • Choose your investment period from three months to 60 months.
  • Interest rates for your Fixed Deposit account are calculated based on the term you choose to invest for and the money you invest in your account.
  • Interest is paid to you either every month straight into your ubank account or at the end of the Fixed Deposit investment period.
  • Look out for the interest rates that we are currently paying at your Ubank branch.
  • You will need to have a Ubank savings account.

To open an account, you will need:

  • Minimum deposit of R1 000.
  • A green bar-coded South African identity book or smart card.
  • Valid passport with a valid work permit for non-South African citizens.
  • Proof of physical address (not older than three months).


For more information speak to your Ubank consultant at your nearest branch or call 086000 8322.