Best Fixed Deposit Rates for August 2020

Best 3 Year Rates for individuals younger than 55

* rates last updated 2nd Oct
1

Rank

Sasfin

visit sasfin.com

6.17 %

effective annual rate

R 1 968

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

5.38 %

effective annual rate

R 1 702

total earnings (*)

4

Rank

Absa

visit absa.co.za

4.71 %

effective annual rate

R 1 481

total earnings (*)

5

Rank

Nedbank

visit nedbank.co.za

4.38 %

effective annual rate

R 1 372

total earnings (*)

6

Rank

FNB

visit fnb.co.za

4.07 %

effective annual rate

R 1 271

total earnings (*)

7

Rank

Standard Bank

visit standardbank.co.za

3.87 %

effective annual rate

R 1 207

total earnings (*)

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