Best Fixed Deposit Rates for September 2021



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

1

Rank

Bidvest

view all their rates here

4.48 %

effective annual rate

R 1 102

total earnings (*)

2

Rank

African Bank

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4.25 %

effective annual rate

R 1 046

total earnings (*)

3

Rank

Sasfin

view all their rates here

4.02 %

effective annual rate

R 990

total earnings (*)

4

Rank

Grobank

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3.91 %

effective annual rate

R 963

total earnings (*)

5

Rank

Discovery Bank

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3.66 %

effective annual rate

R 903

total earnings (*)

6

Rank

Nedbank

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3.56 %

effective annual rate

R 878

total earnings (*)

7

Rank

Standard Bank

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3.53 %

effective annual rate

R 871

total earnings (*)

8

Rank

Absa

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3.51 %

effective annual rate

R 866

total earnings (*)

9

Rank

FNB

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3.35 %

effective annual rate

R 827

total earnings (*)

10

Rank

Investec

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3.19 %

effective annual rate

R 788

total earnings (*)

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