Best Fixed Deposit Rates for July 2020

Best 3 Year Rates for individuals younger than 55

1

Rank

Sasfin

visit sasfin.com

6.7 %

effective annual rate

R 2 148

total earnings (*)

2

Rank

SA Retail Bonds

visit secure.rsaretailbonds.gov.za

6.09 %

effective annual rate

R 1 941

total earnings (*)

3

Rank

Capitec

visit capitecbank.co.za

5.85 %

effective annual rate

R 1 860

total earnings (*)

4

Rank

Absa

visit absa.co.za

5.59 %

effective annual rate

R 1 772

total earnings (*)

5

Rank

Nedbank

visit nedbank.co.za

5.06 %

effective annual rate

R 1 596

total earnings (*)

6

Rank

FNB

visit fnb.co.za

4.59 %

effective annual rate

R 1 441

total earnings (*)

7

Rank

Standard Bank

visit standardbank.co.za

4.14 %

effective annual rate

R 1 294

total earnings (*)

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