Best 6 month Fixed Deposit Rates for August 2022

These are the best 6 month rates for individuals younger than 55 for a R 10,000 deposit.

* these rates were last updated 2nd August 2022
#BankNominalEffective
1
African Bank 6.79%
.
7.01 %
R 345*
2
Sasfin 6.41%
.
6.6 %
R 325*
3
Bidvest 6.15%
.
6.33 %
R 312*
4
Standard Bank 6.04%
.
6.21 %
R 306*
5
Access Bank Plc 5.87%
.
6.03 %
R 297*
6
FNB 5.65%
.
5.8 %
R 286*
7
Capitec 5.40%
.
5.54 %
R 273*
8
Nedbank 5.39%
.
5.53 %
R 273*
9
Absa 5.35%
.
5.48 %
R 270*
(*) Total Earnings are estimated total interest earned for a R 10,000 investment. Interest paid out at maturity