Best Fixed Deposit Rates in South Africa

all rates last updated 6th January 2022


These are the best 5 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

9.25%

.

9.46 %

R 142 841*

2

African Bank

view all their rates here

8.80%

.

9.16 %

R 137 487*

3

Capitec

view all their rates here

8.55%

.

8.89 %

R 132 719*

4

Standard Bank

view all their rates here

8.50%

.

8.84 %

R 131 841*

5

Fedgroup

view all their rates here

8.20%

.

8.52 %

R 126 261*

6

FNB

view all their rates here

7.90%

.

8.19 %

R 120 575*

7

Discovery Bank

view all their rates here

7.50%

.

7.76 %

R 113 269*

8

Absa

view all their rates here

7.20%

.

7.44 %

R 107 907*

9

Nedbank

view all their rates here

6.85%

.

7.07 %

R 101 786*

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