Best Fixed Deposit Rates in South Africa

all rates last updated 6th January 2022


These are the best 3 year rates for individuals younger than 55 for a R 250,000 deposit.
* these rates were last updated 6th January 2022

#BankNominalEffective
1

SA Retail Bonds

view all their rates here

7.25%

.

7.38 %

R 59 535*

2

African Bank

view all their rates here

7.02%

.

7.25 %

R 58 412*

3

Capitec

view all their rates here

6.80%

.

7.02 %

R 56 433*

4

Discovery Bank

view all their rates here

6.80%

.

7.02 %

R 56 433*

5

FNB

view all their rates here

6.65%

.

6.86 %

R 55 060*

6

Standard Bank

view all their rates here

6.45%

.

6.64 %

R 53 180*

7

Absa

view all their rates here

6.40%

.

6.59 %

R 52 754*

8

Nedbank

view all their rates here

5.84%

.

6 %

R 47 754*

9

Grobank

view all their rates here

5.74%

.

5.89 %

R 46 828*

10

Sasfin

view all their rates here

5.70%

.

5.85 %

R 46 492*

(*) Total Earnings are estimated total interest earned for a R 250,000 investment. Interest paid out at maturity