Best Fixed Deposit Rates for May 2021

Best 3 Year Rates for individuals younger than 55

* rates last updated 5th May 2021

1 Rank	African Bank view all their rates here	7.15 % effective annual rate	R 2 302 total earnings (*)
2 Rank	Discovery Bank view all their rates here	6.9 % effective annual rate	R 2 216 total earnings (*)
3 Rank	Capitec view all their rates here	6.37 % effective annual rate	R 2 035 total earnings (*)
4 Rank	SA Retail Bonds view all their rates here	6.35 % effective annual rate	R 2 029 total earnings (*)
5 Rank	Grobank view all their rates here	5.81 % effective annual rate	R 1 846 total earnings (*)
6 Rank	Nedbank view all their rates here	5.47 % effective annual rate	R 1 732 total earnings (*)
7 Rank	FNB view all their rates here	5.38 % effective annual rate	R 1 702 total earnings (*)
8 Rank	Absa view all their rates here	5.27 % effective annual rate	R 1 666 total earnings (*)
9 Rank	Standard Bank view all their rates here	5.16 % effective annual rate	R 1 629 total earnings (*)
10 Rank	Sasfin view all their rates here	5.14 % effective annual rate	R 1 623 total earnings (*)

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