R10k
see best interest rates for R10'000
R100k
see best interest rates for R100'000
R1m
see best interest rates for R1'000'000
Custom
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Best 2 year Fixed Deposit Rates for October 2024 | R1,000,000 investment
These are the best 2 year fixed deposit rates for individuals older than 55 looking to invest R1,000,000.
| # | Bank | Min Age | Min Deposit | Nominal | Total interest * |
|---|---|---|---|---|---|
| 1 | 55 | R500 | 9.34% | R204.5k | |
| 2 | 55 | R1m | 9.12% | R199.2k | |
| 3 | 55 | R1m | 8.9% | R194.0k | |
| 4 | 55 | R1m | 8.35% | R181.1k | |
| 5 | 55 | R1m | 8.2% | R177.7k | |
| 6 | 55 | R1k | 8.25% | R175.5k | |
| 7 | 55 | R10k | 8.1% | R175.3k | |
| 8 | 55 | R1m | 8.05% | R174.0k | |
| 9 | 55 | R1m | 8.05% | R174.0k | |
| 10 | 55 | R100k | 8.01% | R173.1k | |
| 11 | 55 | R1m | 7.99% | R172.7k |
(*) Total interest: estimated total interest earned for a R1,000,000
investment. Interest paid out at maturity