R10k
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R100k
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R1m
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Custom
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Best 1 year Fixed Deposit Rates for May 2024 | R10,000 investment
These are the best 1 year fixed deposit rates for individuals younger than 55 looking to invest R10,000.
| # | Bank | Min Age | Min Deposit | Nominal | Total interest * |
|---|---|---|---|---|---|
| 1 | 18 | R1 | 9.57% | R1.0k | |
| 2 | 18 | R500 | 9.5% | R992.0 | |
| 3 | 18 | R500 | 9.11% | R950.0 | |
| 4 | 18 | R10k | 9.11% | R950.0 | |
| 5 | 18 | R1k | 9.1% | R949.0 | |
| 6 | 18 | R10k | 8.9% | R927.0 | |
| 7 | 18 | R1k | 8.65% | R900.0 | |
| 8 | 18 | R10k | 8.55% | R889.0 | |
| 9 | 18 | R10k | 8.5% | R884.0 | |
| 10 | 18 | R10k | 8.06% | R836.0 |
(*) Total interest: estimated total interest earned for a R10,000
investment. Interest paid out at maturity
