Best Fixed Deposit Rates in South Africa

all rates last updated 6th January 2022


These are the best 3 month rates for individuals older than 55 for a R 250,000 deposit.
* these rates were last updated 6th January 2022

#BankNominalEffective
1

Bidvest

view all their rates here

4.23%

.

4.31 %

R 2 651*

2

African Bank

view all their rates here

4.17%

.

4.25 %

R 2 615*

3

Discovery Bank

view all their rates here

3.85%

.

3.92 %

R 2 415*

4

Grobank

view all their rates here

3.84%

.

3.91 %

R 2 409*

5

Standard Bank

view all their rates here

3.72%

.

3.78 %

R 2 330*

6

FNB

view all their rates here

3.70%

.

3.76 %

R 2 318*

7

Investec

view all their rates here

3.59%

.

3.65 %

R 2 251*

8

Absa

view all their rates here

3.45%

.

3.51 %

R 2 165*

(*) Total Earnings are estimated total interest earned for a R 250,000 investment. Interest paid out at maturity