Best Fixed Deposit Rates in South Africa

all rates last updated 2nd November 2021


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

#BankNominalEffective
1

SA Retail Bonds

view all their rates here

7.25%

.

7.38 %

R 15 305*

2

African Bank

view all their rates here

6.51%

.

6.71 %

R 13 870*

3

Discovery Bank

view all their rates here

6.45%

.

6.64 %

R 13 721*

4

Standard Bank

view all their rates here

6.35%

.

6.54 %

R 13 508*

5

FNB

view all their rates here

6.30%

.

6.49 %

R 13 401*

6

Capitec

view all their rates here

6.25%

.

6.43 %

R 13 273*

7

Absa

view all their rates here

6.15%

.

6.33 %

R 13 061*

8

Grobank

view all their rates here

5.55%

.

5.69 %

R 11 704*

9

Nedbank

view all their rates here

5.19%

.

5.32 %

R 10 923*

10

Sasfin

view all their rates here

5.03%

.

5.15 %

R 10 565*

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