Fixed Deposits offered by South African Banks
On a monthly basis, I source fixed deposit rates offered by the following banks. Click on any of the below links to see an overview of rates offered by each bank.
| African Bank👈 click to view all rates The best fixed deposit rate you can get at
African Bank is
8.81%
for a
60 months
fixed deposit.
(min deposit: R
500
for
18
years or older) - min investment start at R500 - the rates are the same regardless of investment size - African Bank fixed deposit offers rank between 1st - 6th in the country depending on the term and investment amount See all African Bank rates Check out my African Bank Calculator to calculate the interest you can get for your desired amount | |
| Absa👈 click to view all rates The best fixed deposit rate you can get at
Absa is
7.44%
for a
60 months
fixed deposit.
(min deposit: R
1k
for
55
years or older) - min investment start at R1k - you can get better rates for higher investment amounts at Absa - Absa fixed deposit offers rank between 4th - 11th in the country depending on the term and investment amount See all Absa rates Check out my Absa Calculator to calculate the interest you can get for your desired amount | |
| Bidvest👈 click to view all rates The best fixed deposit rate you can get at
Bidvest is
5.85%
for a
12 months
fixed deposit.
(min deposit: R
10k
for
55
years or older) - min investment start at R10k - the rates are the same regardless of investment size - Bidvest provide bonus rates for pensioners - Bidvest fixed deposit offers rank between 1st - 3rd in the country depending on the term and investment amount See all Bidvest rates Check out my Bidvest Calculator to calculate the interest you can get for your desired amount | |
| Capitec👈 click to view all rates The best fixed deposit rate you can get at
Capitec is
8.84%
for a
60 months
fixed deposit.
(min deposit: R
100k
for
18
years or older) - min investment start at R10k - you can get better rates for higher investment amounts at Capitec - Capitec fixed deposit offers rank between 3rd - 10th in the country depending on the term and investment amount See all Capitec rates Check out my Capitec Calculator to calculate the interest you can get for your desired amount | |
| Discovery👈 click to view all rates The best fixed deposit rate you can get at
Discovery is
7.5%
for a
60 months
fixed deposit.
(min deposit: R
1k
for
18
years or older) - min investment start at R10k - the rates are the same regardless of investment size - Discovery fixed deposit offers rank between 3rd - 8th in the country depending on the term and investment amount See all Discovery rates Check out my Discovery Calculator to calculate the interest you can get for your desired amount | |
| Fedgroup👈 click to view all rates The best fixed deposit rate you can get at
Fedgroup is
8.52%
for a
60 months
fixed deposit.
(min deposit: R
5k
for
18
years or older) - min investment start at R5k - the rates are the same regardless of investment size - Fedgroup fixed deposit offers rank between 3rd - 7th in the country depending on the term and investment amount See all Fedgroup rates Check out my Fedgroup Calculator to calculate the interest you can get for your desired amount | |
| FNB👈 click to view all rates The best fixed deposit rate you can get at
FNB is
8.89%
for a
60 months
fixed deposit.
(min deposit: R
1m
for
55
years or older) - min investment start at R10k - you can get better rates for higher investment amounts at FNB - FNB provide bonus rates for pensioners - FNB fixed deposit offers rank between 2nd - 12th in the country depending on the term and investment amount See all FNB rates Check out my FNB Calculator to calculate the interest you can get for your desired amount | |
| SA Retail Bonds👈 click to view all rates The best fixed deposit rate you can get at
SA Retail Bonds is
9.73%
for a
60 months
fixed deposit.
(min deposit: R
1k
for
18
years or older) - min investment start at R1k - the rates are the same regardless of investment size - SA Retail Bonds fixed deposit offers rank between 1st - 1st in the country depending on the term and investment amount See all SA Retail Bonds rates Check out my SA Retail Bonds Calculator to calculate the interest you can get for your desired amount | |
| Grobank👈 click to view all rates The best fixed deposit rate you can get at
Grobank is
5.89%
for a
36 months
fixed deposit.
(min deposit: R
100k
for
18
years or older) - min investment start at R500 - you can get better rates for higher investment amounts at Grobank - Grobank fixed deposit offers rank between 3rd - 12th in the country depending on the term and investment amount See all Grobank rates Check out my Grobank Calculator to calculate the interest you can get for your desired amount | |
| Investec👈 click to view all rates The best fixed deposit rate you can get at
Investec is
5.22%
for a
12 months
fixed deposit.
(min deposit: R
250k
for
18
years or older) - min investment start at R100k - you can get better rates for higher investment amounts at Investec - Investec fixed deposit offers rank between 6th - 12th in the country depending on the term and investment amount See all Investec rates Check out my Investec Calculator to calculate the interest you can get for your desired amount | |
| Nedbank👈 click to view all rates The best fixed deposit rate you can get at
Nedbank is
8.88%
for a
60 months
fixed deposit.
(min deposit: R
1m
for
55
years or older) - min investment start at R5k - you can get better rates for higher investment amounts at Nedbank - Nedbank provide bonus rates for pensioners - Nedbank fixed deposit offers rank between 1st - 11th in the country depending on the term and investment amount See all Nedbank rates Check out my Nedbank Calculator to calculate the interest you can get for your desired amount | |
| Sasfin👈 click to view all rates The best fixed deposit rate you can get at
Sasfin is
5.75%
for a
12 months
fixed deposit.
(min deposit: R
20k
for
18
years or older) - min investment start at R20k - the rates are the same regardless of investment size - Sasfin fixed deposit offers rank between 2nd - 11th in the country depending on the term and investment amount See all Sasfin rates Check out my Sasfin Calculator to calculate the interest you can get for your desired amount | |
| Standard Bank👈 click to view all rates The best fixed deposit rate you can get at
Standard Bank is
8.84%
for a
60 months
fixed deposit.
(min deposit: R
100k
for
18
years or older) - min investment start at R1k - you can get better rates for higher investment amounts at Standard Bank - Standard Bank fixed deposit offers rank between 2nd - 9th in the country depending on the term and investment amount See all Standard Bank rates Check out my Standard Bank Calculator to calculate the interest you can get for your desired amount |