Best Fixed Deposit Rates for July 2020

Best 3 Year Rates for individuals 55 and older

1

Rank

FNB

visit fnb.co.za

6.7 %

effective annual rate

R 2 148

total earnings (*)

2

Rank

Sasfin

visit sasfin.com

6.7 %

effective annual rate

R 2 148

total earnings (*)

3

Rank

SA Retail Bonds

visit secure.rsaretailbonds.gov.za

6.09 %

effective annual rate

R 1 941

total earnings (*)

4

Rank

Capitec

visit capitecbank.co.za

5.85 %

effective annual rate

R 1 860

total earnings (*)

5

Rank

Nedbank

visit nedbank.co.za

5.38 %

effective annual rate

R 1 702

total earnings (*)

(*) Total Earnings are estimated total interest earned for a R 10 000 investment. Interest paid out at maturity