Access Bank Plc Fixed Deposit Review for April 2025

Last updated 2nd April 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 April 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% 7.28%
+
21
R10,000 for 55+8.10% 7.31%
+
20
R100,000 for 18+8.10% 7.36%
+
188
R100,000 for 55+8.10% 7.38%
+
183
R250,000 for 18+8.10% 7.37%
+
466
R250,000 for 55+8.10% 7.43%
+
428
R1,000,000 for 18+8.10% 7.44%
+
1,687
R1,000,000 for 55+8.10% 7.49%
+
1,541
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 7.28%. Over 3 months you will earn R21 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% 7.65%
+
36
R10,000 for 55+8.35% 7.62%
+
38
R100,000 for 18+8.35% 7.74%
+
316
R100,000 for 55+8.35% 7.70%
+
340
R250,000 for 18+8.35% 7.77%
+
755
R250,000 for 55+8.35% 7.74%
+
797
R1,000,000 for 18+8.35% 7.81%
+
2,797
R1,000,000 for 55+8.35% 7.81%
+
2,819
R5,000,000 for 18+8.35% 7.81%
+
14,105
R5,000,000 for 55+8.35% 7.80%
+
14,205
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 7.65%. 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% 7.97%
+
98
R10,000 for 55+8.88% 8.01%
+
94
R100,000 for 18+8.88% 8.07%
+
878
R100,000 for 55+8.88% 8.07%
+
869
R250,000 for 18+8.88% 8.10%
+
2,121
R250,000 for 55+8.88% 8.12%
+
2,043
R1,000,000 for 18+8.88% 8.14%
+
8,025
R1,000,000 for 55+8.88% 8.19%
+
7,447
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 7.97%. Over 12 months you will earn R98 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% 8.10%
+
2,143
R100,000 for 18+7.75% 8.10%
-
-792
R100,000 for 55+9.00% 8.07%
+
2,221
R100,000 for 55+7.75% 8.07%
-
-714
R250,000 for 18+9.00% 8.14%
+
5,125
R250,000 for 18+7.75% 8.14%
-
-2,212
R250,000 for 55+9.00% 8.12%
+
5,244
R250,000 for 55+7.75% 8.12%
-
-2,094
R1,000,000 for 18+9.00% 8.18%
+
19,635
R1,000,000 for 18+7.75% 8.18%
-
-9,715
R1,000,000 for 55+9.00% 8.19%
+
19,289
R1,000,000 for 55+7.75% 8.19%
-
-10,062
R5,000,000 for 18+9.00% 8.19%
+
96,779
R5,000,000 for 18+7.75% 8.19%
-
-49,973
R5,000,000 for 55+9.00% 8.14%
+
101,535
R5,000,000 for 55+7.75% 8.14%
-
-45,217
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.