Best Fixed Deposit Rates for September 2021



These are the best 5 year rates for individuals older than 55 for a R 100,000 deposit.
* these rates were last updated 1st October 2021

1

Rank

SA Retail Bonds

view all their rates here

9.2 %

effective annual rate

R 55 279

total earnings (*)

2

Rank

Standard Bank

view all their rates here

8.84 %

effective annual rate

R 52 736

total earnings (*)

3

Rank

Capitec

view all their rates here

8.84 %

effective annual rate

R 52 736

total earnings (*)

4

Rank

African Bank

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8.81 %

effective annual rate

R 52 526

total earnings (*)

5

Rank

Nedbank

view all their rates here

8.67 %

effective annual rate

R 51 547

total earnings (*)

6

Rank

FNB

view all their rates here

8.46 %

effective annual rate

R 50 089

total earnings (*)

7

Rank

Fedgroup

view all their rates here

7.87 %

effective annual rate

R 46 051

total earnings (*)

8

Rank

Discovery Bank

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7.5 %

effective annual rate

R 43 563

total earnings (*)

9

Rank

Absa

view all their rates here

7.44 %

effective annual rate

R 43 163

total earnings (*)

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