Best 6 month Fixed Deposit Rates for July 2026 | R1,000,000 investment

These are the best 6 month fixed deposit rates for individuals younger than 55 looking to invest R1,000,000.

#	Bank	Min Age	Min Deposit	Nominal	Total interest *
1	GoTyme Bank GoTyme Bank Fixed Deposit	18	R1	8.11%	R1.0m
2	GoTyme Bank GoTyme Bank Fixed Deposit	55	R1	8.11%	R1.0m
3	Investec Investec PrimeLinked Fixed Deposit	18	R100k	7.51%	R1.0m
4	Investec Investec PrimeLinked Fixed Deposit	18	R1m	7.36%	R1.0m
5	Investec Investec PrimeLinked Fixed Deposit	18	R100k	7.31%	R1.0m
6	Bidvest Bidvest Fixed Deposit	18	R1	7.24%	R1.0m
7	African Bank African Bank Fixed Deposit	18	R1m	7.17%	R1.0m
8	African Bank African Bank Fixed Deposit	55	R1m	7.17%	R1.0m
9	Investec Investec Fixed Deposit Special	55	R100k	7.12%	R1.0m
10	Absa Absa Dynamic Fixed Deposit	18	R1m	7.1%	R1.0m
11	Absa Absa Dynamic Senior Fixed Deposit	55	R1m	7.1%	R1.0m
12	Capitec Capitec Fixed-Term Savings	18	R1m	7.1%	R1.0m
13	Nedbank Nedbank Platinum Fixed Deposit	18	R250k	7.1%	R1.0m
14	Nedbank Nedbank Electronic OptimumPlus	55	R1m	7.1%	R1.0m
15	Discovery Discovery Fixed Deposit Account	18	R10k	7.05%	R1.0m
16	Discovery Discovery Fixed Deposit Account	55	R10k	7.05%	R1.0m
17	Nedbank Nedbank Electronic Fixed Deposit	18	R1m	7.05%	R1.0m
18	Access Bank Plc Access Bank Fixed Deposit	18	R1m	7%	R1.0m
19	Access Bank Plc Access Bank Fixed Deposit	55	R1m	7%	R1.0m
20	Investec Investec Fixed Deposit Special	18	R100k	6.97%	R1.0m
21	FNB FNB Senior Preferential Fixed Deposit	55	R1m	6.95%	R1.0m
22	Investec Investec Fixed Term Deposit	18	R100k	6.87%	R1.0m
23	FNB FNB Senior Fixed Deposit	55	R1m	6.85%	R1.0m
24	Standard Bank Standard Bank Fixed Deposit	18	R1m	6.78%	R1.0m
25	Standard Bank Standard Bank Fixed Deposit	55	R1m	6.78%	R1.0m
26	FNB FNB Fixed Deposit	18	R1m	6.75%	R1.0m
27	Absa Absa Standard Digital Bonus Fixed Deposit	18	R1m	6.65%	R1.0m
28	Absa Absa Senior Digital Bonus Fixed Deposit	55	R1m	6.65%	R1.0m
29	Investec Investec Fixed Term Deposit	18	R250k	6.62%	R1.0m

(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity