Best Fixed Deposit Rates in South Africa

all rates last updated 2nd November 2021


These are the best 6 month rates for individuals older than 55 for a R 100,000 deposit.
* these rates were last updated 2nd November 2021

#BankNominalEffective
1

Bidvest

view all their rates here

4.93%

.

5.04 %

R 2 489*

2

African Bank

view all their rates here

4.65%

.

4.75 %

R 2 347*

3

FNB

view all their rates here

4.30%

.

4.39 %

R 2 171*

4

Discovery Bank

view all their rates here

4.30%

.

4.39 %

R 2 171*

5

Sasfin

view all their rates here

4.26%

.

4.34 %

R 2 147*

6

Capitec

view all their rates here

4.25%

.

4.33 %

R 2 142*

7

Grobank

view all their rates here

4.21%

.

4.29 %

R 2 122*

8

Standard Bank

view all their rates here

4.17%

.

4.25 %

R 2 103*

9

Nedbank

view all their rates here

4.14%

.

4.22 %

R 2 088*

10

Absa

view all their rates here

4.05%

.

4.13 %

R 2 044*

11

Investec

view all their rates here

3.79%

.

3.86 %

R 1 912*

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