South Africa Fixed Deposit Rates

Within South Africa, banks offer a range of investment deposit options for customer savings funds including notice deposits, call deposits and fixed deposits.

In particular deposit accounts such as fixed deposits which are provided by most South African banks are an investment product where customer funds are illiquid for a specific period of time with a given fixed interest rate of return to compensate.

Accounts in the country are denominated in the local South African Rand currency and may require a minimum deposit investment amount. The Interest returned or paid on the account can depend on the bank offering the product which could be paid at maturity or possibly annually, monthly or quarterly.

Best Fixed Deposit Interest Rates in South Africa

Deposit Account Term APY
FNB 5 Year Fixed Deposit 5 year 7.79% Jan, 2014
Investec 1 Year Fixed Deposit 1 year 7.20% Feb, 2014
Capitec Bank 1 Year Fixed Term Deposit 1 year 6.00% Apr, 2014
Capitec Bank 6 Month Fixed Term Deposit 6 month 5.75% Apr, 2014
Nedbank 1 Year Fixed Deposit 1 year 5.74% Feb, 2014
Nedbank 6 Month Fixed Deposit 6 month 5.56% Feb, 2014
ABSA 1 Year Fixed Deposit 1 year 5.30% Apr, 2014
Standard Bank 1 Year Fixed Deposit 1 year 5.15% Feb, 2014
FNB 1 Year Fixed Deposit 1 year 5.12% Jan, 2014
Nedbank 3 Month Fixed Deposit 3 month 5.07% Feb, 2014
ABSA 6 Month Fixed Deposit 6 month 5.05% Apr, 2014
FNB 6 Month Fixed Deposit 6 month 4.95% Jan, 2014
Standard Bank 6 Month Fixed Deposit 6 month 4.95% Feb, 2014
FNB 3 Month Fixed Deposit 3 month 4.62% Jan, 2014
Standard Bank 3 Month Fixed Deposit 3 month 4.60% Feb, 2014
Standard Bank 1 Month Fixed Deposit 1 month 4.50% Feb, 2014
ABSA 1 Month Fixed Deposit 1 month 3.59% Apr, 2014
FNB 1 Month Fixed Deposit 1 month 3.55% Jan, 2014