Is there any interest paid on the balance in the SRS account, and if yes, what is the interest rate?
The interest rate on funds in SRS accounts are set by the market. Each SRS operator decides on the interest, if any that it pays on funds in the SRS account. You may wish to approach the SRS operators for further information as they would be better placed to advise you.
Related questions
Is there a guaranteed rate of return on the investments I make with my SRS funds?
Will there be any fees and charges involved in withdrawing an investment from my SRS account?
Will the monthly payouts from an annuity bought with SRS funds be paid into my SRS account, or can they be paid into my bank account directly?
Does the use of SRS funds for investment constitute a withdrawal from the account?
Need more help?
Get in touch