SA Retail Bonds vs Nedbank

Interest rates compared

Last updated 1st April 2026 by Walter

Introduction

This fixed deposit comparison page compares SA Retail Bonds interest rates to Nedbank interest rates. All the interest rates shown are sourced from the SA Retail Bonds and Nedbank websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 1st April 2026.

How do SA Retail Bonds fixed deposit interest rates compare to Nedbank ?

You are more likely to find better interest rates at SA Retail Bonds than Nedbank. Specifically, 100 out of 100 interest rates are better at SA Retail Bonds than Nedbank. This means you are more likely to find a better interest rate at Nedbank 0% of the time. (PS this was done by comparing all the interest rates on offer for different terms, investment amounts and age groups. Only terms which are offered by both banks are included in the comparison)

SA Retail Bonds
9.25%
best rate
Nedbank
7.80%
best rate

The best interest rate you can get at SA Retail Bonds is 9.25% for the 60-month fixed deposit. You will need a minimum deposit of R1 . Whilst at Nedbank, the best interest rate you can get is 7.8% for the 60-month fixed deposit. You will need a minimum deposit of R250,000 .

But how do interest rates at SA Retail Bonds compare to Nedbank across different terms and investment amounts?

2 year fixed deposit interest rates compared

SA Retail Bonds vs Nedbank

This table shows SA Retail Bonds's and Nedbank's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 2 year fixed deposit.

Investment amount SA Retail Bonds1Nedbank1 Winner 2
R10,000 for 18+
8.25%
6.80%
+
303
R100,000 for 18+
8.25%
7.10%
+
2,340
R250,000 for 18+
8.25%
7.25%
+
4,989
R1,000,000 for 18+
8.25%
7.25%
+
19,958
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at SA Retail Bonds over and above Nedbank.
    A negative amount means that Nedbank offers more than SA Retail Bonds.
How to read this table?

You get a 8.25% interest rate at SA Retail Bonds for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). Nedbank's interest rate for the same terms is 7.25%. Over 2 years you will earn R19,958 more in interest at SA Retail Bonds compared Nedbank.

3 year fixed deposit interest rates compared

SA Retail Bonds vs Nedbank

This table shows SA Retail Bonds's and Nedbank's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit.

Investment amount SA Retail Bonds1Nedbank1 Winner 2
R10,000 for 18+
8.75%
6.85%
+
655
R100,000 for 18+
8.75%
7.15%
+
5,449
R250,000 for 18+
8.75%
7.30%
+
12,234
R1,000,000 for 18+
8.75%
7.30%
+
48,936
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at SA Retail Bonds over and above Nedbank.
    A negative amount means that Nedbank offers more than SA Retail Bonds.
How to read this table?

You get a 8.75% interest rate at SA Retail Bonds for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 18). Nedbank's interest rate for the same terms is 7.30%. Over 3 years you will earn R48,936 more in interest at SA Retail Bonds compared Nedbank.

5 year fixed deposit interest rates compared

SA Retail Bonds vs Nedbank

This table shows SA Retail Bonds's and Nedbank's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 5 year fixed deposit.

Investment amount SA Retail Bonds1Nedbank1 Winner 2
R10,000 for 18+
9.25%
7.50%
+
1,184
R100,000 for 18+
9.25%
7.65%
+
10,748
R250,000 for 18+
9.25%
7.80%
+
24,132
R1,000,000 for 18+
9.25%
7.80%
+
96,528
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at SA Retail Bonds over and above Nedbank.
    A negative amount means that Nedbank offers more than SA Retail Bonds.
How to read this table?

You get a 9.25% interest rate at SA Retail Bonds for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). Nedbank's interest rate for the same terms is 7.80%. Over 5 years you will earn R96,528 more in interest at SA Retail Bonds compared Nedbank.

How do SA Retail Bonds interest rates compare to other banks?