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