Access Bank Plc Fixed Deposit Review for May 2025

Last updated 2nd May 2025 by Walter

Introduction

This page summarises all the fixed deposits offered by Access Bank Plc. All the rates shown are sourced from the Access Bank Plc website - southafrica.accessbankplc.com. All rates shown on this page have been converted to nominal and effective annual rates! This allows you to compare rates across all banks. Yippee!

The Access Bank Plc fixed deposit interest calculator, allows you to calculate how much interest you will earn for your age, investment amount and term.

Access Bank Plc fixed deposits highlights

last updated 2nd May 2025 by Walter

R500
min deposit
9.22%
best rate

Here are Access Bank Plc's best fixed deposit rates

The best interest rate you can get at Access Bank Plc is 9.22% for the 60-month fixed deposit. You will need a minimum deposit of R500 .

Here are Access Bank Plc's five best fixed deposit interest rates:

# Min deposit Term Nominal
1 R500 60 months 9.22%
2 R500 36 months 8.52%
3 R500 24 months 8.43%
4 R500 12 months 8.34%
5 R500 48 months 8.30%
P
only individuals older than 55 qualify

Access Bank Plc 3 month fixed deposit

This table shows Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 month fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+7.57% 7.24%
+
8
R10,000 for 55+7.57% 7.25%
+
8
R100,000 for 18+7.57% 7.34%
+
58
R100,000 for 55+7.57% 7.34%
+
58
R250,000 for 18+7.57% 7.35%
+
143
R250,000 for 55+7.57% 7.39%
+
117
R1,000,000 for 18+7.57% 7.41%
+
404
R1,000,000 for 55+7.57% 7.45%
+
308
R5,000,000 for 18+7.57% 7.42%
+
1,954
R5,000,000 for 55+7.57% 7.44%
+
1,728
How to read this table?

You get a 7.57% interest rate at Access Bank Plc for a R10,000 investment in a 3 month fixed deposit (if you are older than 18). The industry average is 7.24%. Over 3 months you will earn R8 more in interest at Access Bank Plc compared to the average bank.

Access Bank Plc 6 month fixed deposit

This table shows Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 6 month fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+7.90% 7.53%
+
19
R10,000 for 55+7.90% 7.50%
+
20
R100,000 for 18+7.90% 7.58%
+
163
R100,000 for 55+7.90% 7.59%
+
161
R250,000 for 18+7.90% 7.57%
+
422
R250,000 for 55+7.90% 7.63%
+
350
R1,000,000 for 18+7.90% 7.64%
+
1,345
R1,000,000 for 55+7.90% 7.70%
+
1,035
R5,000,000 for 18+7.90% 7.67%
+
5,857
R5,000,000 for 55+7.90% 7.69%
+
5,244
How to read this table?

You get a 7.9% interest rate at Access Bank Plc for a R10,000 investment in a 6 month fixed deposit (if you are older than 18). The industry average is 7.53%. Over 6 months you will earn R19 more in interest at Access Bank Plc compared to the average bank.

Access Bank Plc 1 year fixed deposit

This table shows Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+8.34% 7.82%
+
57
R10,000 for 55+8.34% 7.84%
+
55
R100,000 for 18+8.34% 7.88%
+
498
R100,000 for 55+8.34% 7.91%
+
467
R250,000 for 18+8.34% 7.88%
+
1,232
R250,000 for 55+8.34% 7.97%
+
1,005
R1,000,000 for 18+8.34% 7.93%
+
4,457
R1,000,000 for 55+8.34% 8.04%
+
3,293
R5,000,000 for 18+8.34% 7.94%
+
21,455
R5,000,000 for 55+8.34% 8.03%
+
17,154
How to read this table?

You get a 8.34% interest rate at Access Bank Plc for a R10,000 investment in a 1 year fixed deposit (if you are older than 18). The industry average is 7.82%. Over 12 months you will earn R57 more in interest at Access Bank Plc compared to the average bank.

Access Bank Plc 2 year fixed deposit

This table shows Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 2 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+8.43% 7.85%
+
138
R10,000 for 55+8.43% 7.85%
+
137
R100,000 for 18+8.43% 7.91%
+
1,247
R100,000 for 55+8.43% 7.88%
+
1,294
R250,000 for 18+8.43% 7.95%
+
2,880
R250,000 for 55+8.43% 7.94%
+
2,929
R1,000,000 for 18+8.43% 7.98%
+
10,696
R1,000,000 for 55+8.43% 8.01%
+
10,065
R5,000,000 for 18+8.43% 7.99%
+
52,645
R5,000,000 for 55+8.43% 7.95%
+
55,191
How to read this table?

You get a 8.43% interest rate at Access Bank Plc for a R10,000 investment in a 2 year fixed deposit (if you are older than 18). The industry average is 7.85%. Over 2 years you will earn R138 more in interest at Access Bank Plc compared to the average bank.

Access Bank Plc 3 year fixed deposit

This table shows Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+8.52% 8.00%
+
205
R10,000 for 55+8.52% 8.00%
+
203
R100,000 for 18+8.52% 8.07%
+
1,777
R100,000 for 55+8.52% 8.03%
+
1,907
R250,000 for 18+8.52% 8.11%
+
4,029
R250,000 for 55+8.52% 8.09%
+
4,228
R1,000,000 for 18+8.52% 8.15%
+
14,643
R1,000,000 for 55+8.52% 8.16%
+
14,049
R5,000,000 for 18+8.52% 8.16%
+
72,498
R5,000,000 for 55+8.52% 8.09%
+
81,286
How to read this table?

You get a 8.52% interest rate at Access Bank Plc for a R10,000 investment in a 3 year fixed deposit (if you are older than 18). The industry average is 8.00%. Over 3 years you will earn R205 more in interest at Access Bank Plc compared to the average bank.

Access Bank Plc 5 year fixed deposit

This table shows Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 5 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+9.22% 8.67%
+
429
R10,000 for 55+9.22% 8.63%
+
465
R100,000 for 18+9.22% 8.71%
+
4,014
R100,000 for 55+9.22% 8.64%
+
4,505
R250,000 for 18+9.22% 8.75%
+
9,335
R250,000 for 55+9.22% 8.69%
+
10,377
R1,000,000 for 18+9.22% 8.78%
+
34,910
R1,000,000 for 55+9.22% 8.76%
+
36,300
R5,000,000 for 18+9.22% 8.75%
+
184,952
R5,000,000 for 55+9.22% 8.61%
+
233,664
How to read this table?

You get a 9.22% interest rate at Access Bank Plc for a R10,000 investment in a 5 year fixed deposit (if you are older than 18). The industry average is 8.67%. Over 5 years you will earn R429 more in interest at Access Bank Plc compared to the average bank.