Best Fixed Deposit Rates for September 2021



These are the best 3 year rates for individuals younger than 55 for a R 100,000 deposit.
* these rates were last updated 1st October 2021

1

Rank

SA Retail Bonds

view all their rates here

7.64 %

effective annual rate

R 24 716

total earnings (*)

2

Rank

African Bank

view all their rates here

7.15 %

effective annual rate

R 23 020

total earnings (*)

3

Rank

Standard Bank

view all their rates here

6.64 %

effective annual rate

R 21 272

total earnings (*)

4

Rank

Discovery Bank

view all their rates here

6.64 %

effective annual rate

R 21 272

total earnings (*)

5

Rank

Capitec

view all their rates here

6.54 %

effective annual rate

R 20 931

total earnings (*)

6

Rank

Absa

view all their rates here

5.9 %

effective annual rate

R 18 765

total earnings (*)

7

Rank

Nedbank

view all their rates here

5.9 %

effective annual rate

R 18 765

total earnings (*)

8

Rank

Grobank

view all their rates here

5.89 %

effective annual rate

R 18 731

total earnings (*)

9

Rank

FNB

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5.69 %

effective annual rate

R 18 060

total earnings (*)

10

Rank

Sasfin

view all their rates here

5.16 %

effective annual rate

R 16 293

total earnings (*)

(*) Total Earnings are estimated total interest earned for a R 100,000 investment. Interest paid out at maturity