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 6 month Fixed Deposit Rates for October 2024 | R1,000,000 investment
These are the best 6 month fixed deposit rates for individuals older than 55 looking to invest R1,000,000.
| # | Bank | Min Age | Min Deposit | Nominal | Total interest * |
|---|---|---|---|---|---|
| 1 | 55 | R1 | 8.83% | R45.0k | |
| 2 | 55 | R10k | 8.69% | R44.2k | |
| 3 | 55 | R500 | 8.65% | R44.0k | |
| 4 | 55 | R1m | 8.6% | R43.8k | |
| 5 | 55 | R1m | 8.54% | R43.5k | |
| 6 | 55 | R1m | 8.5% | R43.3k | |
| 7 | 55 | R1m | 8.45% | R43.0k | |
| 8 | 55 | R1m | 8.4% | R42.7k | |
| 9 | 55 | R20k | 8.35% | R42.5k | |
| 10 | 55 | R10k | 8.25% | R42.0k | |
| 11 | 55 | R100k | 8.14% | R41.4k | |
| 12 | 55 | R1m | 7.84% | R39.9k | |
| 13 | 55 | R1m | 7.75% | R39.4k |
(*) Total interest: estimated total interest earned for a R1,000,000
investment. Interest paid out at maturity