BankZero Interest Rate Review for April 2026

Last updated 1st April 2026 by Walter
6.97%
best rate
4
products
2
account types

Introduction

This page gives you an overview of BankZero interest rates for April 2026. BankZero offers:

  • Savings accounts. Saving accounts give you quick and easy access to your money.
  • Notice accounts. You will need to give BankZero notice before you get access to your money. Interest rates typically higher than your savings account.

The main difference between these two options is ease of access to your money. Savings accounts will provide you with near instant access, but in return you get a lower rate of interest. Notice accounts will provide better interest rates, but you will need to give BankZero notice before getting access to your money.

BankZero interest rate chart

This chart shows every BankZero product on this overview page. Each bar shows the nominal interest-rate range for that account, colour-coded by savings, notice and fixed-deposit products.

BankZero interest rate overview

Here is a table of interest rates available at BankZero. It shows the type of account, deposit and interest rate you can get.

Name Deposit Nominal rate
Savings
BankZero Savings R1 - 1m 4.50% - 6.25%
Notice accounts
Bank Zero Notice (45 day notice) R1 - 1m 4.60% - 6.97%
Bank Zero Notice (32 day notice) R1 - 1m 4.55% - 6.90%
Bank Zero Notice (7 day notice) R1 - 1m 4.25% - 6.60%

Savings accounts

BankZero offers one types of savings accounts.

BankZero Savings 4.50% - 6.25%

Min deposit R1. Highest rate of 6.25% for balances over R1,000,000.

Remember the primary benefit of a savings account is easy and quick access to your money.

Notice accounts

BankZero offers three types of notice accounts.

Requires 45 days' notice. Pays interest from 4.60% up to 6.97% for balances from R1 to over R1,000,000.

Requires 32 days' notice. Pays interest from 4.55% up to 6.90% for balances from R1 to over R1,000,000.

Requires 7 days' notice. Pays interest from 4.25% up to 6.60% for balances from R1 to over R1,000,000.

Notice accounts pay better interest rates than savings, however, you will need to give notice to the bank before you get access to your money.