African Bank
3 followers
Type Fixed
Rate 8.94%
Currency ZAR

Details*

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


The rate of 8.94% is 1.15% higher than the average 7.79%. Also it is the highest rate for this term period. Updated Feb, 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 8.94% is 1.15% higher than the average 7.79%. Also it is the highest rate for this term period . Updated Feb, 2017

on African Bank's secure website

Type Fixed
Rate 8.94%
Currency ZAR

Compare African Bank Deposit rates

Account Name Rate
African Bank 2 Year Term Deposit 9.82%
African Bank 6 Month Term Deposit 7.66%
African Bank 3 Month Term Deposit 7.04%

Compare 1 year rates in South Africa

Account Name Rate
Nedbank 1 Year Fixed Deposit 8.83%
Investec 1 Year Fixed Deposit 8.40%
Mercantile Bank South Africa 1 Year Term Deposit 8.00%

African Bank Discussion

  • 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