Best Fixed Deposit Rates in South Africa

all rates last updated 2nd November 2021


These are the best 12 month rates for individuals older than 55 for a R 100,000 deposit.
* these rates were last updated 2nd November 2021

#BankNominalEffective
1

Bidvest

view all their rates here

5.70%

.

5.85 %

R 5 850*

2

African Bank

view all their rates here

5.61%

.

5.76 %

R 5 760*

3

Sasfin

view all their rates here

5.60%

.

5.75 %

R 5 750*

4

Nedbank

view all their rates here

5.50%

.

5.64 %

R 5 640*

5

Standard Bank

view all their rates here

5.40%

.

5.54 %

R 5 540*

6

Absa

view all their rates here

5.20%

.

5.33 %

R 5 330*

7

Discovery Bank

view all their rates here

5.20%

.

5.33 %

R 5 330*

8

FNB

view all their rates here

5.10%

.

5.22 %

R 5 220*

9

Investec

view all their rates here

5.02%

.

5.14 %

R 5 140*

10

Capitec

view all their rates here

5.00%

.

5.12 %

R 5 120*

11

Grobank

view all their rates here

4.94%

.

5.05 %

R 5 050*

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