Sygnia TFSA
Sygnia TFSA
Easy Tax-Free Savings
Reach your money goals, without the tax stress! Open your Tax-Free Savings Account — powered by Sygnia.
Sygnia TFSA
Sygnia TFSA
Reach your money goals, without the tax stress! Open your Tax-Free Savings Account — powered by Sygnia.
Key benefits
Save confidently for short- and long-term money goals without paying tax on growth, income or withdrawals.
Access your money anytime, while it grows tax-free.
Start with what you can, pause when you need to, or increase when the time is right.
Your future
You don't need to start big — small, regular amounts can grow into something meaningful. Stay consistent, be patient, and let time do the heavy lifting. Give your future self the powerful head start you deserve.
Features
No hefty capital required. Zero investment expertise needed.
Whether you're building to buy your first home, planning for your child's education, or securing money for the long-term, the Tax-Free Savings Account fits all goals.
Invest up to R46,000 tax-free every tax year (1 March - end February) and up to R500,000 over your lifetime.
Get going with a simple once-off contribution — it's about consistency, not perfection.
Decide how your money is invested, based on what you want to achieve and how much risk feels right.
This product is available exclusively to South African residents.
Tax-Free Savings Advantages
Many South Africans don't know where to begin when it comes to growing their money. We're here to make it easy!
Let your money grow tax-free — yes, really.
No sneaky fees. No exit penalties. No admin drag.
You can stop or adjust your contributions anytime without being penalised.
Choose from a wide range of funds that match your goals and comfort level.
Funds
Not everyone invests the same way — and that's the point. You can choose a fund that matches your goals, timeline, and how comfortable you are with market changes.
Sygnia Skeleton
Is this suitable for me?
Individual investors seeking to maximise their returns in the long-term, while maintaining a low level of risk.
Risk profile: Low-medium
Equity exposure under 30%
Time horizon: 2+ years
Sygnia Skeleton
Is this suitable for me?
Individual investors seeking to maximise their returns in the long-term, while maintaining a medium level of risk.
Risk profile: Medium-high
Equity exposure under 60%
Time horizon: 5+ years
Sygnia Skeleton
Is this suitable for me?
Individual investors seeking to maximise their returns in the long-term, while maintaining a high level of risk.
Risk profile: Medium-high
Equity exposure under 70%
Time horizon: 5+ years
Join countless South Africans on the path to tax-free savings.
Our trusted partnership with Sygnia ensures unmatched investment security.
We prioritise your security and privacy with advanced technology.
Join countless South Africans on the path to tax-free savings.
Our trusted partnership with Sygnia ensures unmatched investment security.
We prioritise your security and privacy with advanced technology.
Start Saving
Download the Kastelo App, available in your favourite App Store, or click below to sign up in minutes.
Step 1:
Sign up for Kastelo.
Step 2:
Get verified for secure access.
Step 3:
Open your account and start saving tax-free.
Find answers for every Kastelo product, all in one place.
Who can open a TFSA?
Any South African adult resident can open a TFSA.
What are the advantages of a TFSA?
What are the conditions for opening my TFSA?
What happens if I don't invest the full R46,000 annual limit?
If you choose not to invest the full R46,000 annual limit, any unused portion of the limit cannot be rolled over to the next year. So if you only invest R25,000 during the tax year, the remaining R11,000 of your annual limit cannot be carried forward to the next tax year and will be forfeited.
Can I have multiple TFSAs across service providers?
Yes, but be sure to keep your total annual contributions across your accounts within the R46,000 limit per tax year (and the R500,000 lifetime limit).
Can I make withdrawals from my TFSA whenever I want?
You can withdraw at anytime but usually the longer you invest, the better the returns. Withdrawals will be processed within 5–7 business days of receipt of withdrawal instruction.
All amounts you invest will count towards your annual and lifetime limits regardless of any withdrawals you make. In other words, if you invest R46,000 this tax year and then withdraw some or all of your savings, any further investment during the tax year will be taxed at 40%.
What happens to my TFSA if I pass away?
The executor of your estate will close the TFSA and distribute the funds according to your will (or, if there is no will, in accordance with the laws of intestate succession).
What is the contribution criteria?
Minimum contribution: R500 per deposit
Maximum contribution:
Annual Investment Limit: R46,000 in a tax year (1 Mar – 28 Feb)
Lifetime Investment Limit: R500,000
Pro tip: If you do not invest the full R46,000 in a year, the surplus cannot be carried over to the next year.
Are there any fees?
Tell me about the tax benefits
Save without paying taxes on any of the growth or income you earn. In addition, you are not taxed on withdrawal or termination of the account.
However, any contributions made to tax-free savings accounts over and above the maximum contribution limits will attract tax at a rate of 40%.
Profits, earnings and withdrawals from your TFSA are not deducted from nor do they contribute to your Annual Investment Limit or your Lifetime Investment Limit.
We're just a message away. Got a question? Need help? Or just want to say hi? We'd love to hear from you.
The fastest way to reach our team is on WhatsApp.
We're just a message away. Got a question? Need help? Or just want to say hi? We'd love to hear from you.
The fastest way to reach our team is on WhatsApp.
+27 68 900 0202
info@kastelo.co.za