African Bank vs SA Retail Bonds

Interest rates compared

Last updated 1st July 2025 by Walter

Introduction

This fixed deposit comparison page compares African Bank interest rates to SA Retail Bonds interest rates. All the interest rates shown are sourced from the African Bank and SA Retail Bonds websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 4th July 2025.

How do African Bank fixed deposit interest rates compare to SA Retail Bonds ?

You are more likely to find better interest rates at African Bank than SA Retail Bonds. Specifically, 71 out of 100 interest rates are better at African Bank than SA Retail Bonds. This means you are more likely to find a better interest rate at SA Retail Bonds 29% of the time. (PS this was done by comparing all the interest rates on offer for different terms, investment amounts and age groups. Only terms which are offered by both banks are included in the comparison)

African Bank
9.94%
best rate
SA Retail Bonds
10.00%
best rate

The best interest rate you can get at African Bank is 9.94% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 . Whilst at SA Retail Bonds, the best interest rate you can get is 10% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 .

But how do interest rates at African Bank compare to SA Retail Bonds across different terms and investment amounts?

2 year fixed deposit interest rates compared

African Bank vs SA Retail Bonds

This table shows African Bank's and SA Retail Bonds's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 2 year fixed deposit.

Investment amount African Bank1SA Retail Bonds1 Winner 2
R100,000 for 18+
8.33%
8.50%
-
-43
R100,000 for 55+
8.33%
8.50%
-
-43
R250,000 for 18+
8.47%
8.50%
+
707
R250,000 for 55+
8.47%
8.50%
+
707
R1,000,000 for 18+
8.65%
8.50%
+
6,966
R1,000,000 for 55+
8.65%
8.50%
+
6,966
R5,000,000 for 18+
8.65%
8.50%
+
34,829
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at African Bank over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than African Bank.
How to read this table?

You get a 8.65% interest rate at African Bank for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 18). SA Retail Bonds's interest rate for the same terms is 8.50%. Over 2 years you will earn R34,829 more in interest at African Bank compared SA Retail Bonds.

3 year fixed deposit interest rates compared

African Bank vs SA Retail Bonds

This table shows African Bank's and SA Retail Bonds's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit.

Investment amount African Bank1SA Retail Bonds1 Winner 2
R100,000 for 18+
8.61%
8.75%
+
71
R100,000 for 55+
8.61%
8.75%
+
71
R250,000 for 18+
8.75%
8.75%
+
1,516
R250,000 for 55+
8.75%
8.75%
+
1,516
R1,000,000 for 18+
8.75%
8.75%
+
6,062
R1,000,000 for 55+
8.75%
8.75%
+
6,062
R5,000,000 for 18+
8.75%
8.75%
+
30,310
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at African Bank over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than African Bank.
How to read this table?

You get a 8.75% interest rate at African Bank for a R5,000,000 investment in a 3 year fixed deposit (if you are older than 18). SA Retail Bonds's interest rate for the same terms is 8.75%. Over 3 years you will earn R30,310 less in interest at African Bank compared SA Retail Bonds.

5 year fixed deposit interest rates compared

African Bank vs SA Retail Bonds

This table shows African Bank's and SA Retail Bonds's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 5 year fixed deposit.

Investment amount African Bank1SA Retail Bonds1 Winner 2
R100,000 for 18+
9.34%
10.00%
-
-3,660
R100,000 for 55+
9.34%
10.00%
-
-3,660
R250,000 for 18+
9.57%
10.00%
-
-4,596
R250,000 for 55+
9.57%
10.00%
-
-4,596
R1,000,000 for 18+
9.94%
10.00%
+
11,854
R1,000,000 for 55+
9.94%
10.00%
+
11,854
R5,000,000 for 18+
9.94%
10.00%
+
59,270
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at African Bank over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than African Bank.
How to read this table?

You get a 9.94% interest rate at African Bank for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 18). SA Retail Bonds's interest rate for the same terms is 10.00%. Over 5 years you will earn R59,270 less in interest at African Bank compared SA Retail Bonds.

How do African Bank interest rates compare to other banks?