Best 2 year Fixed Deposit Rates for August 2022

These are the best 2 year rates for individuals younger than 55 for a R 10,000 deposit.

* these rates were last updated 2nd August 2022
#BankNominalEffective
1
SA Retail Bonds 9.25%
.
9.46 %
R 1 981*
2
African Bank 8.65%
.
9 %
R 1 881*
3
Standard Bank 8.05%
.
8.35 %
R 1 740*
4
Access Bank Plc 8.05%
.
8.35 %
R 1 740*
5
FNB 7.55%
.
7.82 %
R 1 625*
6
Capitec 7.25%
.
7.5 %
R 1 556*
7
Absa 7.10%
.
7.34 %
R 1 522*
8
Nedbank 4.54%
.
4.64 %
R 950*
(*) Total Earnings are estimated total interest earned for a R 10,000 investment. Interest paid out at maturity