Best Fixed Deposit Rates for June 2021

Best 6 Month Rates for individuals 55 and older

* rates last updated June 2021
1

Rank

African Bank

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5 %

effective annual rate

R 247

total earnings (*)

2

Rank

Discovery Bank

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4.39 %

effective annual rate

R 217

total earnings (*)

3

Rank

Sasfin

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4.34 %

effective annual rate

R 215

total earnings (*)

4

Rank

FNB

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4.28 %

effective annual rate

R 212

total earnings (*)

5

Rank

Nedbank

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4.22 %

effective annual rate

R 209

total earnings (*)

6

Rank

Grobank

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4.2 %

effective annual rate

R 208

total earnings (*)

7

Rank

Capitec

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3.66 %

effective annual rate

R 181

total earnings (*)

(*) Total Earnings are estimated total interest earned for a R 10 000 investment. Interest paid out at maturity