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