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    Retail Banking in South Africa

    With over 589 branches nationwide, Capitec bank provides individuals across South Africa with savings and credit products. Learn More

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    Expat Banking in South Africa

    Standard Bank operates in 18 countries within Africa as well as in the Americas, Asia Pacific and Europe. Find Out More

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    Wealth Management in South Africa

    Investec provides generation and preservation of wealth for individuals, corporate and executives across Africa. Learn More

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    Business Banking in South Africa

    As a major bank, ABSA provides small business and commercial banking many financing and investing product optionsFind Out More

Rates

BankAccountTypeInterest rateTerm

First National Bank
FNB 5 Year Fixed Depositfixed deposit9.28%5 year

Investec
Investec 1 Year Fixed Depositfixed deposit7.35%1 year

Capitec Bank
Capitec Bank 1 Year Fixed Term Depositfixed deposit6.80%1 year

ABSA Bank
ABSA 3 Year Prime Linked Term DepositFixed6.75%3 year

ABSA Bank
ABSA 2 Year Prime Linked Term DepositFixed6.35%2 year

First National Bank
FNB 1 Year Fixed Depositfixed deposit6.27%1 year

Nedbank
Nedbank 1 Year Fixed Depositfixed deposit6.25%1 year

ABSA Bank
ABSA 1 Year Fixed Depositfixed deposit6.25%1 year

Standard Bank of South Africa Limited
Standard Bank 1 Year Fixed Depositfixed deposit6.25%1 year

ABSA Bank
ABSA 1 Year Prime Linked Term DepositFixed5.95%1 year

ABSA Bank
ABSA 1 Year Islamic Term DepositFixed5.92%1 Year

Capitec Bank
Capitec Bank 6 Month Fixed Term Depositfixed deposit5.75%6 month

Nedbank
Nedbank 6 Month Fixed Depositfixed deposit5.75%6 month

ABSA Bank
ABSA 6 Month Prime Linked Term DepositFixed5.75%6 Month

ABSA Bank
ABSA 6 Month Fixed Depositfixed deposit5.75%6 month

Standard Bank of South Africa Limited
Standard Bank 6 Month Fixed Deposit5.75%6 month

First National Bank
FNB 6 Month Fixed Depositfixed deposit5.67%6 month

ABSA Bank
ABSA 6 Month Islamic Term DepositFixed5.34%6 Month

Nedbank
Nedbank 3 Month Fixed Depositfixed deposit5.32%3 month

First National Bank
FNB 3 Month Fixed Depositfixed deposit5.12%3 month

Standard Bank of South Africa Limited
Standard Bank 3 Month Fixed Depositfixed deposit5.10%3 month

Standard Bank of South Africa Limited
Standard Bank 1 Month Fixed Depositfixed deposit5.00%1 month

ABSA Bank
ABSA 1 Month Fixed Depositfixed deposit4.74%1 month

First National Bank
FNB 1 Month Fixed Depositfixed deposit4.00%1 month

ABSA Bank
ABSA 3 Month Islamic Term DepositFixed3.69%3 Month

ABSA Bank
ABSA 1 Month Islamic Term DepositFixed1.80%1 Month

Economy

Compare Bank Account Rates in South Africa

The South African economy with a population of 49.99 Million (Est 2010) ranks 25th in the world with a GDP PPP of 492 billion and GDP PPP per capita of 10,229 vs 45,934 (United States) according to the IMF in 2009. Its currency is the South Africa Rand (ZAR). Bank deposits held for a fixed term in South Africa are called fixed deposits. According to CIA.gov its inflation was 11.3% in 2008 and 7.1% in 2009.

Banks by Branches

Highest Account Deposit Interest Rates

Deposit Account Term APY
FNB 5 Year Fixed Deposit5 year9.28% Oct, 2014
Investec 1 Year Fixed Deposit1 year7.35% Oct, 2014
Capitec Bank 1 Year Fixed Term Deposit1 year6.80% Oct, 2014
ABSA 3 Year Prime Linked Term Deposit3 year6.75% Oct, 2014
ABSA 2 Year Prime Linked Term Deposit2 year6.35% Oct, 2014
FNB 1 Year Fixed Deposit1 year6.27% Oct, 2014
Nedbank 1 Year Fixed Deposit1 year6.25% Oct, 2014
ABSA 1 Year Fixed Deposit1 year6.25% Oct, 2014
Standard Bank 1 Year Fixed Deposit1 year6.25% Oct, 2014
ABSA 1 Year Prime Linked Term Deposit1 year5.95% Oct, 2014
ABSA 1 Year Islamic Term Deposit1 Year5.92% Oct, 2014
Capitec Bank 6 Month Fixed Term Deposit6 month5.75% Oct, 2014
Nedbank 6 Month Fixed Deposit6 month5.75% Oct, 2014
ABSA 6 Month Prime Linked Term Deposit6 Month5.75% Oct, 2014
ABSA 6 Month Fixed Deposit6 month5.75% Oct, 2014
Standard Bank 6 Month Fixed Deposit6 month5.75% Oct, 2014
FNB 6 Month Fixed Deposit6 month5.67% Oct, 2014
ABSA 6 Month Islamic Term Deposit6 Month5.34% Oct, 2014
Nedbank 3 Month Fixed Deposit3 month5.32% Oct, 2014
FNB 3 Month Fixed Deposit3 month5.12% Oct, 2014
Standard Bank 3 Month Fixed Deposit3 month5.10% Oct, 2014
Standard Bank 1 Month Fixed Deposit1 month5.00% Oct, 2014
ABSA 1 Month Fixed Deposit1 month4.74% Oct, 2014
FNB 1 Month Fixed Deposit1 month4.00% Oct, 2014
ABSA 3 Month Islamic Term Deposit3 Month3.69% Oct, 2014
ABSA 1 Month Islamic Term Deposit1 Month1.80% Oct, 2014

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