Nedbank vs SA Retail Bonds

Interest rates compared

Last updated 1st March 2026 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 1st March 2026.

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

You are more likely to find better interest rates at Nedbank than SA Retail Bonds. Specifically, 75 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 25% 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
8.05%
best rate
SA Retail Bonds
7.75%
best rate

The best interest rate you can get at Nedbank is 8.05% 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 7.75% for the 60-month fixed deposit. You will need a minimum deposit of R1 .

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+
7.00%
7.00%
+
23
R100,000 for 18+
7.30%
7.00%
+
916
R250,000 for 18+
7.40%
7.00%
+
2,866
R1,000,000 for 18+
7.40%
7.00%
+
11,463
  • 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 7.4% interest rate at Nedbank for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). SA Retail Bonds's interest rate for the same terms is 7.00%. Over 2 years you will earn R11,463 more 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+
7.05%
7.25%
-
-34
R100,000 for 18+
7.35%
7.25%
+
767
R250,000 for 18+
7.45%
7.25%
+
2,848
R1,000,000 for 18+
7.45%
7.25%
+
11,392
  • 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 7.45% interest rate at Nedbank for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 18). SA Retail Bonds's interest rate for the same terms is 7.25%. Over 3 years you will earn R11,392 more 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+
7.75%
7.75%
+
89
R100,000 for 18+
7.90%
7.75%
+
1,992
R250,000 for 18+
8.05%
7.75%
+
7,750
R1,000,000 for 18+
8.05%
7.75%
+
31,001
  • 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 8.05% interest rate at Nedbank for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). SA Retail Bonds's interest rate for the same terms is 7.75%. Over 5 years you will earn R31,001 more in interest at Nedbank compared SA Retail Bonds.

How do Nedbank interest rates compare to other banks?