Best Fixed Deposit Rates in South Africa

all rates last updated 2nd November 2021


These are the best 5 year rates for individuals younger than 55 for a R 10,000 deposit.
* these rates were last updated 2nd November 2021

#BankNominalEffective
1

SA Retail Bonds

view all their rates here

9.50%

.

9.73 %

R 5 908*

2

African Bank

view all their rates here

8.47%

.

8.81 %

R 5 253*

3

Fedgroup

view all their rates here

8.20%

.

8.52 %

R 5 050*

4

Discovery Bank

view all their rates here

7.25%

.

7.5 %

R 4 356*

5

FNB

view all their rates here

7.05%

.

7.28 %

R 4 210*

6

Absa

view all their rates here

6.70%

.

6.91 %

R 3 967*

7

Nedbank

view all their rates here

6.60%

.

6.8 %

R 3 895*

8

Capitec

view all their rates here

6.55%

.

6.75 %

R 3 862*

9

Standard Bank

view all their rates here

6.00%

.

6.17 %

R 3 490*

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