If you need a flexible investment option, then tax free investments could be a suitable solution for you.

Tax free investment gives you an opportunity to make flexible contributions (lump sum, debit order or ad hoc contributions) up to specified limits: a maximum of R36 000 per year and R500 000 over your entire lifetime. 

Until the Minister of Finance pronounce on change of limits, it’s advisable to stick to set limits. If not, you will be taxed to any amount over and above the limit. 

There are no restrictions on withdrawals, so you can access your savings at any time.