African Bank
3 followers

Type Fixed
Rate 9.38%
Currency ZAR

Rate indicated is quoted on a per annum basis and is the interest payout on expiry.


The rate of 9.38% is 1.74% higher than the average 7.64%. Also it is the highest rate for this term period. Updated Aug, 2017

on African Bank's secure website

Rate indicated is quoted on a per annum basis and is the interest payout on expiry.


The rate of 9.38% is 1.74% higher than the average 7.64%. Also it is the highest rate for this term period . Updated Aug, 2017

on African Bank's secure website

Type Fixed
Rate 9.38%
Currency ZAR

Compare African Bank Deposit rates

Account Name Rate
African Bank 6 Month Term Deposit 7.97%
African Bank 3 Month Term Deposit 7.34%
African Bank 5 Year Term Deposit 13.73%

Compare 1 year rates in South Africa

Account Name Rate
Nedbank 1 Year Fixed Deposit 8.40%
Mercantile Bank South Africa 1 Year Term Deposit 8.00%
FNB 1 Year Fixed Deposit 7.85%

African Bank Discussion

  • Q: Hello, I am interested in opening a fixed savings account as you provide the highest interest rates that I have come across. I just want clarity on something. What is the minimum amount that i can deposit and, can I make multiple deposits or is the account based on one deposit?

    Reply Yanga from South Africa
  • Q: f I buy a CD at 8.00% at todays rate of 13.08 ZAR to the Dollar and at maturity the ZAR is 12.08 what is my rate of return?

    Reply Johnny from Euless, United States
  • Q: I need to buy a car in 2020,wich one of this one will I benefit investment or savings?so that I can have diposits for the car that cost R250.000.please help I need to start as from 27/01/2017

    Reply cpati from Pretoria, South Africa