Nedbank vs SA Retail Bonds

Interest rates compared

Last updated 2nd April 2025 by Walter

Introduction

This fixed deposit comparison page compares Nedbank interest rates to SA Retail Bonds interest rates. All the interest rates shown are sourced from the Nedbank 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 April 2025.

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

You are more likely to find better interest rates at SA Retail Bonds than Nedbank. Specifically, 0 out of 100 interest rates are better at Nedbank 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)

Nedbank
9.15%
best rate
SA Retail Bonds
10.25%
best rate

The best interest rate you can get at Nedbank is 9.15% for the 60-month fixed deposit. You will need a minimum deposit of R250,000 . 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 Nedbank compare to SA Retail Bonds across different terms and investment amounts?

2 year fixed deposit interest rates compared

Nedbank vs SA Retail Bonds

This table shows Nedbank'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 Nedbank1SA Retail Bonds1 Winner 2
R10,000 for 18+
7.75%
9.00%
-
-254
R10,000 for 55+
7.85%
9.00%
-
-230
R10,000 for 55+
7.75%
9.00%
-
-254
R100,000 for 18+
8.05%
9.00%
-
-1,849
R100,000 for 18+
7.95%
9.00%
-
-2,066
R100,000 for 55+
8.05%
9.00%
-
-1,849
R100,000 for 55+
8.05%
9.00%
-
-1,849
R100,000 for 55+
7.95%
9.00%
-
-2,066
R250,000 for 18+
8.25%
9.00%
-
-3,430
R250,000 for 18+
8.05%
9.00%
-
-4,623
R250,000 for 55+
8.25%
9.00%
-
-3,430
R250,000 for 55+
8.15%
9.00%
-
-4,027
R250,000 for 55+
8.05%
9.00%
-
-4,623
R1,000,000 for 18+
8.25%
9.00%
-
-13,720
R1,000,000 for 18+
8.10%
9.00%
-
-17,191
R1,000,000 for 55+
8.25%
9.00%
-
-13,720
R1,000,000 for 55+
8.25%
9.00%
-
-13,720
R1,000,000 for 55+
8.10%
9.00%
-
-17,191
R5,000,000 for 18+
8.25%
9.00%
-
-68,598
R5,000,000 for 18+
8.10%
9.00%
-
-85,956
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than Nedbank.
How to read this table?

You get a 8.1% interest rate at Nedbank 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 R85,956 less in interest at Nedbank compared SA Retail Bonds.

3 year fixed deposit interest rates compared

Nedbank vs SA Retail Bonds

This table shows Nedbank'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 Nedbank1SA Retail Bonds1 Winner 2
R10,000 for 18+
7.80%
9.25%
-
-490
R10,000 for 55+
7.90%
9.25%
-
-451
R10,000 for 55+
7.80%
9.25%
-
-490
R100,000 for 18+
8.10%
9.25%
-
-3,738
R100,000 for 18+
8.00%
9.25%
-
-4,126
R100,000 for 55+
8.10%
9.25%
-
-3,738
R100,000 for 55+
8.10%
9.25%
-
-3,738
R100,000 for 55+
8.00%
9.25%
-
-4,126
R250,000 for 18+
8.30%
9.25%
-
-7,491
R250,000 for 18+
8.10%
9.25%
-
-9,345
R250,000 for 55+
8.30%
9.25%
-
-7,491
R250,000 for 55+
8.20%
9.25%
-
-8,375
R250,000 for 55+
8.10%
9.25%
-
-9,345
R1,000,000 for 18+
8.30%
9.25%
-
-29,962
R1,000,000 for 18+
8.15%
9.25%
-
-35,617
R1,000,000 for 55+
8.30%
9.25%
-
-29,962
R1,000,000 for 55+
8.30%
9.25%
-
-29,962
R1,000,000 for 55+
8.15%
9.25%
-
-35,617
R5,000,000 for 18+
8.30%
9.25%
-
-149,811
R5,000,000 for 18+
8.15%
9.25%
-
-178,085
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than Nedbank.
How to read this table?

You get a 8.15% interest rate at Nedbank 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 R178,085 less in interest at Nedbank compared SA Retail Bonds.

5 year fixed deposit interest rates compared

Nedbank vs SA Retail Bonds

This table shows Nedbank'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 Nedbank1SA Retail Bonds1 Winner 2
R10,000 for 18+
8.15%
10.25%
-
-1,473
R10,000 for 55+
8.85%
10.25%
-
-940
R10,000 for 55+
8.15%
10.25%
-
-1,473
R100,000 for 18+
9.00%
10.25%
-
-8,256
R100,000 for 18+
8.35%
10.25%
-
-13,202
R100,000 for 55+
9.00%
10.25%
-
-8,256
R100,000 for 55+
8.95%
10.25%
-
-8,614
R100,000 for 55+
8.35%
10.25%
-
-13,202
R250,000 for 18+
9.15%
10.25%
-
-17,769
R250,000 for 18+
8.45%
10.25%
-
-31,083
R250,000 for 55+
9.15%
10.25%
-
-17,769
R250,000 for 55+
9.00%
10.25%
-
-20,640
R250,000 for 55+
8.45%
10.25%
-
-31,083
R1,000,000 for 18+
9.15%
10.25%
-
-71,076
R1,000,000 for 18+
8.55%
10.25%
-
-117,316
R1,000,000 for 55+
9.15%
10.25%
-
-71,076
R1,000,000 for 55+
9.15%
10.25%
-
-71,076
R1,000,000 for 55+
8.55%
10.25%
-
-117,316
R5,000,000 for 18+
9.15%
10.25%
-
-355,381
R5,000,000 for 18+
8.55%
10.25%
-
-586,582
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than Nedbank.
How to read this table?

You get a 8.55% interest rate at Nedbank 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 R586,582 less in interest at Nedbank compared SA Retail Bonds.