African Bank
6 followers

Type Fixed
Rate 8.78%
Currency ZAR

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


The rate of 8.78% is 1.43% higher than the average 7.35%. Also it is the highest rate for this term period 8.78 Updated May, 2018

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 8.78% is 1.43% higher than the average 7.35%. Also it is the highest rate for this term period 8.78 Updated May, 2018

on African Bank's secure website

Type Fixed
Rate 8.78%
Currency ZAR

Compare African Bank Deposit rates

Account Name Rate
African Bank 2 Year Term Deposit 9.46%
African Bank 6 Month Term Deposit 7.97%
African Bank 3 Month Term Deposit 7.29%

Compare 1 year rates in South Africa

Account Name Rate
Grindrod 1 Year Fixed Deposit 8.10%
Investec 1 Year Fixed Deposit 7.82%
Mercantile Bank South Africa 1 Year Term Deposit 7.75%

African Bank Discussion

  • Q: I am interested in investing 200k in a1 year fixed term deposit - do you give better rates for >60 year old investors?

    Reply Andre from Cape Town, South Africa
  • Q: If I invest R40 000 for one year what will be my interest

    Reply Precious from South Africa
  • Q: What is the interest from African Bank for fixed deposit if R800000, with interest paid monthly, younger than 55 yrs?

    Reply Hans from Cape Town, South Africa
  • Q: If I invest R50 000 for one year what will be my interest

    Reply Abram from South Africa
  • 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