About Notice Deposit
Kickstart your investment with a minimum opening deposit of just R250. You get to choose your own notice period of 7, 14, 21, 32, 45 or 60 days and earn more interest the longer you invest.
Start earning competitive interest from the first deposit and make unlimited deposits and transfers. Your interest rate is based on your account balance and notice period.
Features and benefits:
- You need a minimum opening deposit of R250
- Keep your Notice Deposit account open for as long as you need
- Interest calculated daily and paid monthly
- Add to your savings whenever you want
- Choose a notice period between 7 and 60 days
- Transfer interest into any other account
- Access your investment at the end of your notice period
- Have multiple Notice Deposit Accounts for different savings needs
- Link your bank card for access in-app, online, at ATMs or on your phone
Please note: There are no redemptions limits, but deposits must be in increments of 2500 UCount Rewards Points (R250)
How to Redeem your UCount Rewards Points
There are two ways to redeem into your investment account.
You can sign into your UCount Rewards account and redeem points online or call the UCount Rewards Contact Centre on 0860 UCOUNT (82 68 68).
For online redemption:
- Sign in to your UCount Business account
- Click on the "UCount Rewards Online Redemption Portal" tab
- Click on the "Savings and Investment" tab
- Add "Notice Deposit" to your basket
- Select your quantity
- Select "Deposit in Standard Bank Notice Deposit account"
- Select the Rand equivalent for your redemption
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