Access Bank Plc Fixed Deposit Review for March 2025

Last updated 2nd March 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 March 2025 by Walter

R500
min deposit
9.50%
best rate

Here are Access Bank Plc's best fixed deposit rates

The best interest rate you can get at Access Bank Plc is 9.5% 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 9.50%
2 R500 48 months 9.25%
3 R500 36 months 9.10%
4 R500 24 months 9.00%
5 R500 18 months 8.94%
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+8.10% 7.29%
+
20
R10,000 for 55+8.10% 7.32%
+
20
R100,000 for 18+8.10% 7.37%
+
186
R100,000 for 55+8.10% 7.39%
+
181
R250,000 for 18+8.10% 7.37%
+
461
R250,000 for 55+8.10% 7.43%
+
423
R1,000,000 for 18+8.10% 7.44%
+
1,666
R1,000,000 for 55+8.10% 7.50%
+
1,521
R5,000,000 for 18+8.10% 7.43%
+
8,509
R5,000,000 for 55+8.10% 7.47%
+
7,979
How to read this table?

You get a 8.1% 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 7.29%. Over 3 months you will earn R20 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+8.35% 7.66%
+
36
R10,000 for 55+8.35% 7.62%
+
38
R100,000 for 18+8.35% 7.75%
+
310
R100,000 for 55+8.35% 7.70%
+
338
R250,000 for 18+8.35% 7.78%
+
741
R250,000 for 55+8.35% 7.74%
+
792
R1,000,000 for 18+8.35% 7.82%
+
2,742
R1,000,000 for 55+8.35% 7.81%
+
2,801
R5,000,000 for 18+8.35% 7.81%
+
13,996
R5,000,000 for 55+8.35% 7.80%
+
14,274
How to read this table?

You get a 8.35% 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 7.66%. Over 6 months you will earn R36 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+8.88% 7.98%
+
97
R10,000 for 55+8.88% 8.01%
+
93
R100,000 for 18+8.88% 8.08%
+
868
R100,000 for 55+8.88% 8.08%
+
862
R250,000 for 18+8.88% 8.10%
+
2,098
R250,000 for 55+8.88% 8.13%
+
2,027
R1,000,000 for 18+8.88% 8.15%
+
7,933
R1,000,000 for 55+8.88% 8.20%
+
7,380
R5,000,000 for 18+8.88% 8.13%
+
40,550
R5,000,000 for 55+8.88% 8.18%
+
37,538
How to read this table?

You get a 8.88% 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 7.98%. Over 12 months you will earn R97 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+9.00% 8.04%
+
230
R10,000 for 18+7.75% 8.04%
-
-64
R10,000 for 55+9.00% 8.03%
+
232
R10,000 for 55+7.75% 8.03%
-
-61
R100,000 for 18+9.00% 8.11%
+
2,133
R100,000 for 18+7.75% 8.11%
-
-802
R100,000 for 55+9.00% 8.07%
+
2,215
R100,000 for 55+7.75% 8.07%
-
-720
R250,000 for 18+9.00% 8.15%
+
5,101
R250,000 for 18+7.75% 8.15%
-
-2,237
R250,000 for 55+9.00% 8.12%
+
5,228
R250,000 for 55+7.75% 8.12%
-
-2,109
R1,000,000 for 18+9.00% 8.18%
+
19,537
R1,000,000 for 18+7.75% 8.18%
-
-9,814
R1,000,000 for 55+9.00% 8.20%
+
19,227
R1,000,000 for 55+7.75% 8.20%
-
-10,123
R5,000,000 for 18+9.00% 8.20%
+
96,238
R5,000,000 for 18+7.75% 8.20%
-
-50,514
R5,000,000 for 55+9.00% 8.14%
+
101,173
R5,000,000 for 55+7.75% 8.14%
-
-45,578
How to read this table?

You get a 9% 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 8.04%. Over 2 years you will earn R230 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+9.10% 8.19%
+
357
R10,000 for 55+9.10% 8.17%
+
365
R100,000 for 18+9.10% 8.26%
+
3,318
R100,000 for 55+9.10% 8.20%
+
3,531
R250,000 for 18+9.10% 8.30%
+
7,872
R250,000 for 55+9.10% 8.25%
+
8,280
R1,000,000 for 18+9.10% 8.34%
+
29,938
R1,000,000 for 55+9.10% 8.33%
+
30,192
R5,000,000 for 18+9.10% 8.36%
+
147,113
R5,000,000 for 55+9.10% 8.26%
+
162,203
How to read this table?

You get a 9.1% 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 8.19%. Over 3 years you will earn R357 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+9.50% 8.80%
+
553
R10,000 for 55+9.50% 8.76%
+
577
R100,000 for 18+9.50% 8.86%
+
5,038
R100,000 for 55+9.50% 8.80%
+
5,474
R250,000 for 18+9.50% 8.90%
+
11,875
R250,000 for 55+9.50% 8.85%
+
12,795
R1,000,000 for 18+9.50% 8.93%
+
44,989
R1,000,000 for 55+9.50% 8.92%
+
45,882
R5,000,000 for 18+9.50% 8.93%
+
227,518
R5,000,000 for 55+9.50% 8.80%
+
269,552
How to read this table?

You get a 9.5% 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 8.80%. Over 5 years you will earn R553 more in interest at Access Bank Plc compared to the average bank.