Best 2 year Fixed Deposit Rates for April 2026 | R100,000 investment

These are the best 2 year fixed deposit rates for individuals younger than 55 looking to invest R100,000.

#	Bank	Min Age	Min Deposit	Nominal	Total interest *
1	SA Retail Bonds SA Retail Bonds Fixed Rates	18	R1	8.25%	R117.5k
2	SA Retail Bonds SA Retail Bonds Fixed Rates	55	R1	8.25%	R117.5k
3	Investec Investec Fixed Deposit Special	55	R100k	7.94%	R117.1k
4	Investec Investec Fixed Deposit Special	18	R100k	7.79%	R116.8k
5	Absa Absa Dynamic Senior Fixed Deposit	55	R100k	7.55%	R116.2k
6	Discovery Discovery Fixed Deposit Account	18	R10k	7.55%	R116.2k
7	Discovery Discovery Fixed Deposit Account	55	R10k	7.55%	R116.2k
8	Standard Bank Standard Bank Fixed Deposit	18	R100k	7.53%	R116.2k
9	Standard Bank Standard Bank Fixed Deposit	55	R100k	7.53%	R116.2k
10	Absa Absa Dynamic Fixed Deposit	18	R100k	7.5%	R116.1k
11	Access Bank Plc Access Bank Fixed Deposit	18	R25k	7.5%	R116.1k
12	Access Bank Plc Access Bank Fixed Deposit	55	R25k	7.5%	R116.1k
13	African Bank African Bank Fixed Deposit	18	R50k	7.12%	R115.3k
14	African Bank African Bank Fixed Deposit	55	R50k	7.12%	R115.3k
15	Nedbank Nedbank Platinum Fixed Deposit	18	R100k	7.1%	R115.2k
16	Capitec Capitec Fixed-Term Savings	18	R50k	7.05%	R115.1k
17	Nedbank Nedbank Electronic OptimumPlus	55	R25k	7%	R115.0k
18	Nedbank Nedbank Electronic Fixed Deposit	18	R25k	6.95%	R114.9k
19	FNB FNB Senior Preferential Fixed Deposit	55	R10k	6.75%	R114.4k
20	FNB FNB Senior Fixed Deposit	55	R10k	6.5%	R113.8k
21	FNB FNB Fixed Deposit	18	R10k	6.4%	R113.6k
22	Absa Absa Senior Digital Bonus Fixed Deposit	55	R100k	6.35%	R113.5k
23	Absa Absa Standard Digital Bonus Fixed Deposit	18	R100k	6.3%	R113.4k

(*) Total interest: estimated total interest earned for a R100,000 investment. Interest paid out at maturity