Best 5 year Fixed Deposit Rates for October 2026 | R10,000 investment

These are the best 5 year fixed deposit rates for individuals older than 55 looking to invest R10,000.

#	Bank	Min Age	Min Deposit	Nominal	Total interest *
1	SA Retail Bonds SA Retail Bonds Fixed Rates	18	R1k	9%	R15.5k
2	SA Retail Bonds SA Retail Bonds Fixed Rates	55	R1k	9%	R15.5k
3	Fedgroup Fedgroup Secured Investment (5 Years)	18	R5k	8.65%	R15.4k
4	Fedgroup Fedgroup Secured Investment (5 Years)	55	R5k	8.65%	R15.4k
5	Discovery Discovery Fixed Deposit Account	18	R10k	8.25%	R15.1k
6	Discovery Discovery Fixed Deposit Account	55	R10k	8.25%	R15.1k
7	Standard Bank Standard Bank Fixed Deposit	55	R10k	8.16%	R15.0k
8	African Bank African Bank Fixed Deposit	18	R0	8.05%	R14.9k
9	African Bank African Bank Fixed Deposit	55	R0	8.05%	R14.9k
10	Nedbank Nedbank Platinum Fixed Deposit	18	R1k	8%	R14.9k
11	Nedbank Nedbank Electronic OptimumPlus	55	R1k	8%	R14.9k
12	FNB FNB Senior Preferential Fixed Deposit	55	R10k	7.95%	R14.9k
13	FNB FNB Senior Fixed Deposit	55	R10k	7.8%	R14.8k
14	Absa Absa Dynamic Senior Fixed Deposit	55	R1k	7.75%	R14.7k
15	FNB FNB Fixed Deposit	18	R10k	7.75%	R14.7k
16	Absa Absa Dynamic Fixed Deposit	18	R1k	7.7%	R14.7k
17	Nedbank Nedbank Electronic Fixed Deposit	18	R1k	7.7%	R14.7k
18	Standard Bank Standard Bank Fixed Deposit	18	R10k	7.69%	R14.7k
19	Capitec Capitec Fixed-Term Savings	18	R10k	7.5%	R14.5k
20	Absa Absa Senior Digital Bonus Fixed Deposit	55	R1k	7.25%	R14.4k
21	Absa Absa Standard Digital Bonus Fixed Deposit	18	R1k	7.2%	R14.3k
22	Access Bank Plc Access Bank Fixed Deposit	18	R0	5.5%	R13.2k
23	Access Bank Plc Access Bank Fixed Deposit	55	R0	5.5%	R13.2k
24	SA Retail Bonds SA Retail Bonds Inflation Linked	18	R1k	4.5%	R12.5k
25	SA Retail Bonds SA Retail Bonds Inflation Linked	55	R1k	4.5%	R12.5k

(*) Total interest: estimated total interest earned for a R10,000 investment. Interest paid out at maturity