Best Fixed Deposit Rates in South Africa

all rates last updated 2nd November 2021


These are the best 3 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

4.46%

.

4.55 %

R 1 119*

2

African Bank

view all their rates here

4.17%

.

4.25 %

R 1 046*

3

Sasfin

view all their rates here

3.95%

.

4.02 %

R 990*

4

Grobank

view all their rates here

3.84%

.

3.91 %

R 963*

5

FNB

view all their rates here

3.65%

.

3.71 %

R 915*

6

Nedbank

view all their rates here

3.60%

.

3.66 %

R 903*

7

Discovery Bank

view all their rates here

3.60%

.

3.66 %

R 903*

8

Standard Bank

view all their rates here

3.49%

.

3.55 %

R 876*

9

Absa

view all their rates here

3.45%

.

3.51 %

R 866*

10

Investec

view all their rates here

3.14%

.

3.19 %

R 788*

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