Best Fixed Deposit Rates for January 2021

Best 3 Month Rates for individuals younger than 55

* rates last updated 26th January

1 Rank	African Bank view all their rates here	5.25 % effective annual rate	R 129 total earnings (*)
2 Rank	Bidvest view all their rates here	4.57 % effective annual rate	R 112 total earnings (*)
3 Rank	Discovery Bank view all their rates here	4.47 % effective annual rate	R 110 total earnings (*)
4 Rank	Sasfin view all their rates here	4.02 % effective annual rate	R 99 total earnings (*)
5 Rank	Absa view all their rates here	3.45 % effective annual rate	R 85 total earnings (*)
6 Rank	Nedbank view all their rates here	3.34 % effective annual rate	R 82 total earnings (*)
7 Rank	Standard Bank view all their rates here	2.62 % effective annual rate	R 65 total earnings (*)
8 Rank	FNB view all their rates here	2.58 % effective annual rate	R 64 total earnings (*)

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