A BusinessTech poll revealed that 44% of the respondents have little to no savings or emergency funds and 44% said they could not survive a R10 000 emergency. BusinessTech looked at how much a consumer could get back from a saving account when putting away R10 000. TymeBank offered the best return at 9% for 6-month fixed deposit account and 10% for a 12-month fixed deposit account, followed by African Bank and Standard Bank. African Bank offered the best return on notice accounts at 8.65%, followed by Discovery Bank and FNB. FNB offered the best return on immediately accessible savings accounts at 6.55%, followed by TymeBank and African Bank.
