Best 3-month fixed deposit rates — July 2026
The best 3-month fixed deposit rate in South Africa right now is 7.70% per annum from GoTyme Bank, with a minimum deposit of Any amount. Below are the 3-month rates of all 10 banks we track, updated for July 2026.
| # | Bank & product | Rate (nominal) | Effective | Deposit for this rate |
|---|---|---|---|---|
| 1 |  GoTyme Bank GoTyme Bank Fixed Deposit | 7.70% | 7.98% | Any amount |
| 2 |  Investec Investec PrimeLinked Fixed Deposit | 7.25% | 7.50% | R100 000 |
| 3 |  Bidvest Bidvest Fixed Deposit | 7.06% | 7.29% | Any amount |
| 4 |  Discovery Discovery Fixed Deposit Account | 6.85% | 7.07% | R10 000 |
| 5 |  Access Bank Plc Access Bank Fixed Deposit | 6.80% | 7.02% | Any amount |
| 6 |  African Bank African Bank Fixed Deposit | 6.79% | 7.01% | R1 000 000 |
| 7 |  Standard Bank Standard Bank Fixed Deposit | 6.77% | 6.98% | R5 000 000 |
| 8 |  Nedbank Nedbank Platinum Fixed Deposit | 6.75% | 6.96% | R250 000 |
| 9 | Investec Investec Fixed Term Deposit | 6.74% | 6.95% | R100 000 |
| 10 | Nedbank Nedbank Electronic Fixed Deposit | 6.65% | 6.86% | R1 000 000 |
| 11 | 6.50% | 6.70% | R1 000 000 | |
| 12 | 6.35% | 6.54% | R1 000 000 | |
| 13 | 6.10% | 6.27% | R1 000 000 |
Where a bank pays different rates per deposit size, the table shows each product's best rate and the deposit needed to earn it. Nominal = annual rate as quoted; effective = annualised rate with monthly compounding reinvested.
Better 3-month rates for over-55s
These banks pay seniors more than their standard 3-month rate:
-
FNB FNB Senior Fixed Deposit 6.60% - FNB FNB Senior Preferential Fixed Deposit 6.60%
-
Absa Absa Dynamic Senior Fixed Deposit 6.50%
Compare other terms
Not sure fixed is right for you? Compare against notice accounts and savings accounts, or use the rate finder to search everything at once.
Methodology & disclaimer
Rates are collected directly from each bank's published rate sheets and updated monthly (July 2026 shown). Rates are quoted per annum for interest paid at the bank's standard frequency and may change without notice — always confirm with the bank before investing. Ranking is by nominal rate; tax-free and seniors-only products are listed separately because they carry eligibility or contribution limits.