Best Fixed Deposit Rates in South Africa

all rates last updated 6th January 2022


These are the best 6 month rates for individuals older than 55 for a R 250,000 deposit.
* these rates were last updated 6th January 2022

#BankNominalEffective
1

African Bank

view all their rates here

4.89%

.

5 %

R 6 174*

2

Bidvest

view all their rates here

4.74%

.

4.84 %

R 5 979*

3

Sasfin

view all their rates here

4.55%

.

4.65 %

R 5 746*

4

Discovery Bank

view all their rates here

4.55%

.

4.65 %

R 5 746*

5

Standard Bank

view all their rates here

4.49%

.

4.58 %

R 5 661*

6

Capitec

view all their rates here

4.35%

.

4.44 %

R 5 490*

7

Investec

view all their rates here

4.30%

.

4.39 %

R 5 429*

8

FNB

view all their rates here

4.25%

.

4.33 %

R 5 355*

9

Grobank

view all their rates here

4.21%

.

4.29 %

R 5 306*

10

Absa

view all their rates here

4.05%

.

4.13 %

R 5 110*

(*) Total Earnings are estimated total interest earned for a R 250,000 investment. Interest paid out at maturity