Best Fixed Deposit Rates in South Africa

all rates last updated 2nd November 2021


These are the best 3 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

8.00%

.

8.16 %

R 26 532*

2

African Bank

view all their rates here

6.93%

.

7.15 %

R 23 020*

3

Discovery Bank

view all their rates here

6.55%

.

6.75 %

R 21 648*

4

FNB

view all their rates here

6.45%

.

6.64 %

R 21 272*

5

Standard Bank

view all their rates here

6.45%

.

6.64 %

R 21 272*

6

Absa

view all their rates here

6.40%

.

6.59 %

R 21 101*

7

Capitec

view all their rates here

6.35%

.

6.54 %

R 20 931*

8

Nedbank

view all their rates here

5.79%

.

5.95 %

R 18 933*

9

Grobank

view all their rates here

5.74%

.

5.89 %

R 18 731*

10

Sasfin

view all their rates here

5.04%

.

5.16 %

R 16 293*

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