Best Fixed Deposit Rates for September 2021



These are the best 3 year rates for individuals younger than 55 for a R 1,000,000 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 247 157

total earnings (*)

2

Rank

African Bank

view all their rates here

7.15 %

effective annual rate

R 230 202

total earnings (*)

3

Rank

Standard Bank

view all their rates here

6.64 %

effective annual rate

R 212 720

total earnings (*)

4

Rank

Discovery Bank

view all their rates here

6.64 %

effective annual rate

R 212 720

total earnings (*)

5

Rank

Capitec

view all their rates here

6.54 %

effective annual rate

R 209 311

total earnings (*)

6

Rank

Nedbank

view all their rates here

6.11 %

effective annual rate

R 194 728

total earnings (*)

7

Rank

Absa

view all their rates here

5.9 %

effective annual rate

R 187 648

total earnings (*)

8

Rank

Grobank

view all their rates here

5.89 %

effective annual rate

R 187 312

total earnings (*)

9

Rank

FNB

view all their rates here

5.85 %

effective annual rate

R 185 967

total earnings (*)

10

Rank

Sasfin

view all their rates here

5.16 %

effective annual rate

R 162 925

total earnings (*)

(*) Total Earnings are estimated total interest earned for a R 1,000,000 investment. Interest paid out at maturity