Interest Rates
South Africa Banks
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 Type | Term | APY | Account Details | ||
|---|---|---|---|---|---|
| Capitec Bank 1 Year Fixed Term Deposit |  |
1 year | 5.75% | The following Interest Rate fo... - ZAR - May, 2013 | More Info |
| Nedbank 1 Year Fixed Deposit |  |
1 year | 5.74% | The interest rates is applicab... - ZAR - Apr, 2013 | More Info |
| Capitec Bank 6 Month Fixed Term Deposit | |
6 month | 5.50% | The following Interest Rates a... - ZAR - May, 2013 | More Info |
| Investec 1 Year Fixed Deposit |  |
1 year | 5.37% | The rate for the 'fixed term d... - ZAR - May, 2013 | More Info |
| FNB 1 Year Fixed Deposit |  |
1 year | 5.22% | The Interest rates (effective)... - ZAR - May, 2013 | More Info |
| Standard Bank 1 Year Fixed Deposit |  |
1 year | 5.15% | - Rate is 'Ordinary Fixed Depo... - ZAR - May, 2013 | More Info |
| Nedbank 6 Month Fixed Deposit | |
6 month | 5.05% | For this account the interest ... - ZAR - Apr, 2013 | More Info |
| FNB 6 Month Fixed Deposit | |
6 month | 4.95% | The (effective) interest rate ... - ZAR - May, 2013 | More Info |
| ABSA 1 Year Fixed Deposit |  |
1 year | 4.73% | Rate is applicable for a term ... - ZAR - May, 2013 | More Info |
| FNB 3 Month Fixed Deposit | |
3 month | 4.62% | This fixed deposit account int... - ZAR - May, 2013 | More Info |
| Nedbank 3 Month Fixed Deposit | |
3 month | 4.62% | The interest rate for this fix... - ZAR - Apr, 2013 | More Info |