Best Fixed Deposit Rates in South Africa

all rates last updated 2nd November 2021


These are the best 5 year rates for individuals older than 55 for a R 1,000,000 deposit.
* these rates were last updated 2nd November 2021

#BankNominalEffective
1

SA Retail Bonds

view all their rates here

9.50%

.

9.73 %

R 590 841*

2

FNB

view all their rates here

8.55%

.

8.89 %

R 530 876*

3

Nedbank

view all their rates here

8.54%

.

8.88 %

R 530 173*

4

Standard Bank

view all their rates here

8.50%

.

8.84 %

R 527 364*

5

Capitec

view all their rates here

8.50%

.

8.84 %

R 527 364*

6

African Bank

view all their rates here

8.47%

.

8.81 %

R 525 261*

7

Fedgroup

view all their rates here

8.20%

.

8.52 %

R 505 043*

8

Discovery Bank

view all their rates here

7.25%

.

7.5 %

R 435 629*

9

Absa

view all their rates here

7.20%

.

7.44 %

R 431 627*

(*) Total Earnings are estimated total interest earned for a R 1,000,000 investment. Interest paid out at maturity