Banking
The best banks for TFSA accounts in 2026
Where to open a tax-free savings account in SA without giving up 80% of your returns to fees.
A bank TFSA only beats a unit-trust TFSA if the bank's effective interest rate after fees exceeds 7%. Most don't.
Top 3
- TymeBank Goal Save — 9% on 90-day notice
- African Bank MyWORLD — 8.5% step-up
- Capitec Fixed-Term TFSA — 9.25% on 12 months
Related reading
Related guides
More from MoneyWise on this topic.
