FNB vs SA Retail Bonds

Interest rates compared

Last updated 2nd March 2025 by Walter

Introduction

This fixed deposit comparison page compares FNB interest rates to SA Retail Bonds interest rates. All the interest rates shown are sourced from the FNB 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 2nd March 2025.

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

You are more likely to find better interest rates at SA Retail Bonds than FNB. Specifically, 0 out of 100 interest rates are better at FNB than SA Retail Bonds. This means you are more likely to find a better interest rate at SA Retail Bonds 100% 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)

FNB
8.60%
best rate
SA Retail Bonds
10.25%
best rate

The best interest rate you can get at FNB is 8.6% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 and be over the age of 55. Whilst at SA Retail Bonds, the best interest rate you can get is 10.25% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 .

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

2 year fixed deposit interest rates compared

FNB vs SA Retail Bonds

This table shows FNB'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 FNB1SA Retail Bonds1 Winner 2
R10,000 for 18+
7.55%
9.00%
-
-299
R10,000 for 55+
7.75%
9.00%
-
-254
R10,000 for 55+
7.75%
9.00%
-
-254
R10,000 for 55+
7.55%
9.00%
-
-299
R100,000 for 18+
7.55%
9.00%
-
-2,995
R100,000 for 55+
7.75%
9.00%
-
-2,542
R100,000 for 55+
7.75%
9.00%
-
-2,542
R100,000 for 55+
7.55%
9.00%
-
-2,995
R250,000 for 18+
7.65%
9.00%
-
-6,948
R250,000 for 55+
7.85%
9.00%
-
-5,760
R250,000 for 55+
7.85%
9.00%
-
-5,760
R250,000 for 55+
7.65%
9.00%
-
-6,948
R1,000,000 for 18+
7.85%
9.00%
-
-23,038
R1,000,000 for 55+
8.10%
9.00%
-
-17,191
R1,000,000 for 55+
8.10%
9.00%
-
-17,191
R1,000,000 for 55+
7.85%
9.00%
-
-23,038
R5,000,000 for 18+
7.85%
9.00%
-
-115,190
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than FNB.
How to read this table?

You get a 7.85% interest rate at FNB 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 9.00%. Over 2 years you will earn R115,190 less in interest at FNB compared SA Retail Bonds.

3 year fixed deposit interest rates compared

FNB vs SA Retail Bonds

This table shows FNB'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 FNB1SA Retail Bonds1 Winner 2
R10,000 for 18+
7.65%
9.25%
-
-546
R10,000 for 55+
7.75%
9.25%
-
-507
R10,000 for 55+
7.75%
9.25%
-
-507
R10,000 for 55+
7.65%
9.25%
-
-546
R100,000 for 18+
7.65%
9.25%
-
-5,458
R100,000 for 55+
7.75%
9.25%
-
-5,073
R100,000 for 55+
7.75%
9.25%
-
-5,073
R100,000 for 55+
7.65%
9.25%
-
-5,458
R250,000 for 18+
7.75%
9.25%
-
-12,683
R250,000 for 55+
7.85%
9.25%
-
-11,719
R250,000 for 55+
7.85%
9.25%
-
-11,719
R250,000 for 55+
7.75%
9.25%
-
-12,683
R1,000,000 for 18+
7.95%
9.25%
-
-43,014
R1,000,000 for 55+
8.10%
9.25%
-
-37,381
R1,000,000 for 55+
8.10%
9.25%
-
-37,381
R1,000,000 for 55+
7.95%
9.25%
-
-43,014
R5,000,000 for 18+
7.95%
9.25%
-
-215,069
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than FNB.
How to read this table?

You get a 7.95% interest rate at FNB 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 9.25%. Over 3 years you will earn R215,069 less in interest at FNB compared SA Retail Bonds.

5 year fixed deposit interest rates compared

FNB vs SA Retail Bonds

This table shows FNB'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 FNB1SA Retail Bonds1 Winner 2
R10,000 for 18+
8.05%
10.25%
-
-1,549
R10,000 for 55+
8.25%
10.25%
-
-1,397
R10,000 for 55+
8.25%
10.25%
-
-1,397
R10,000 for 55+
8.05%
10.25%
-
-1,549
R100,000 for 18+
8.05%
10.25%
-
-15,490
R100,000 for 55+
8.25%
10.25%
-
-13,968
R100,000 for 55+
8.25%
10.25%
-
-13,968
R100,000 for 55+
8.05%
10.25%
-
-15,490
R250,000 for 18+
8.15%
10.25%
-
-36,826
R250,000 for 55+
8.35%
10.25%
-
-33,005
R250,000 for 55+
8.35%
10.25%
-
-33,005
R250,000 for 55+
8.15%
10.25%
-
-36,826
R1,000,000 for 18+
8.35%
10.25%
-
-132,021
R1,000,000 for 55+
8.60%
10.25%
-
-113,094
R1,000,000 for 55+
8.60%
10.25%
-
-113,094
R1,000,000 for 55+
8.35%
10.25%
-
-132,021
R5,000,000 for 18+
8.35%
10.25%
-
-660,107
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than FNB.
How to read this table?

You get a 8.35% interest rate at FNB 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 10.25%. Over 5 years you will earn R660,107 less in interest at FNB compared SA Retail Bonds.