Best Fixed Deposit Rates in South Africa

all rates last updated 2nd November 2021


These are the best 6 month rates for individuals younger than 55 for a R 250,000 deposit.
* these rates were last updated 2nd November 2021

#BankNominalEffective
1

Bidvest

view all their rates here

4.93%

.

5.04 %

R 6 223*

2

African Bank

view all their rates here

4.65%

.

4.75 %

R 5 869*

3

Discovery Bank

view all their rates here

4.30%

.

4.39 %

R 5 429*

4

Sasfin

view all their rates here

4.26%

.

4.34 %

R 5 367*

5

Capitec

view all their rates here

4.25%

.

4.33 %

R 5 355*

6

Grobank

view all their rates here

4.21%

.

4.29 %

R 5 306*

7

Nedbank

view all their rates here

4.19%

.

4.27 %

R 5 282*

8

Standard Bank

view all their rates here

4.17%

.

4.25 %

R 5 257*

9

Absa

view all their rates here

4.05%

.

4.13 %

R 5 110*

10

Investec

view all their rates here

3.99%

.

4.06 %

R 5 025*

11

FNB

view all their rates here

3.90%

.

3.97 %

R 4 914*

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