Best Fixed Deposit Rates for June 2021

Best 3 Month Rates for individuals younger than 55

* rates last updated June 2021
1

Rank

African Bank

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4.5 %

effective annual rate

R 111

total earnings (*)

2

Rank

Bidvest

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4.48 %

effective annual rate

R 110

total earnings (*)

3

Rank

Sasfin

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4.02 %

effective annual rate

R 99

total earnings (*)

4

Rank

Grobank

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3.8 %

effective annual rate

R 94

total earnings (*)

5

Rank

Discovery Bank

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3.66 %

effective annual rate

R 90

total earnings (*)

6

Rank

Absa

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3.45 %

effective annual rate

R 85

total earnings (*)

7

Rank

FNB

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3.35 %

effective annual rate

R 83

total earnings (*)

8

Rank

Nedbank

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3.34 %

effective annual rate

R 82

total earnings (*)

9

Rank

Standard Bank

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2.82 %

effective annual rate

R 70

total earnings (*)

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