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
|FNB 5 Year Fixed Deposit||5 year||7.79%||Dec, 2013|
|Investec 1 Year Fixed Deposit||1 year||6.05%||Dec, 2013|
|Capitec Bank 1 Year Fixed Term Deposit||1 year||5.75%||Dec, 2013|
|Capitec Bank 6 Month Fixed Term Deposit||6 month||5.50%||Dec, 2013|
|Standard Bank 1 Year Fixed Deposit||1 year||5.15%||Nov, 2013|
|FNB 1 Year Fixed Deposit||1 year||5.12%||Dec, 2013|
|Nedbank 1 Year Fixed Deposit||1 year||5.11%||Nov, 2013|
|FNB 6 Month Fixed Deposit||6 month||4.95%||Dec, 2013|
|Nedbank 6 Month Fixed Deposit||6 month||4.95%||Nov, 2013|
|ABSA 6 Month Fixed Deposit||6 month||4.85%||Dec, 2013|
|ABSA 1 Year Fixed Deposit||1 year||4.73%||Dec, 2013|
|FNB 3 Month Fixed Deposit||3 month||4.62%||Dec, 2013|
|Nedbank 3 Month Fixed Deposit||3 month||4.62%||Nov, 2013|
|ABSA 1 Month Fixed Deposit||1 month||4.59%||Dec, 2013|
|FNB 1 Month Fixed Deposit||1 month||3.55%||Dec, 2013|