Best Fixed Deposit Rates for December 2020

Best 3 Year Rates for individuals younger than 55

* rates last updated 22nd December
1

Rank

Capitec

visit capitecbank.co.za

6.37 %

effective annual rate

R 2 035

total earnings (*)

2

Rank

Sasfin

visit sasfin.com

6.17 %

effective annual rate

R 1 968

total earnings (*)

3

Rank

SA Retail Bonds

visit secure.rsaretailbonds.gov.za

5.83 %

effective annual rate

R 1 853

total earnings (*)

4

Rank

Absa

visit absa.co.za

4.87 %

effective annual rate

R 1 533

total earnings (*)

5

Rank

Nedbank

visit nedbank.co.za

4.12 %

effective annual rate

R 1 288

total earnings (*)

6

Rank

FNB

visit fnb.co.za

3.92 %

effective annual rate

R 1 223

total earnings (*)

7

Rank

Standard Bank

visit standardbank.co.za

3.66 %

effective annual rate

R 1 139

total earnings (*)

(*) Total Earnings are estimated total interest earned for a R 10 000 investment. Interest paid out at maturity