Nedbank vs SA Retail Bonds

Interest rates compared

Last updated 1st July 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 4th July 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
8.85%
best rate
SA Retail Bonds
10.00%
best rate

The best interest rate you can get at Nedbank is 8.85% 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% 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+
7.55%
8.50%
-
-186
R10,000 for 55+
7.65%
8.50%
-
-165
R10,000 for 55+
7.55%
8.50%
-
-186
R100,000 for 18+
7.85%
8.50%
-
-1,171
R100,000 for 18+
7.75%
8.50%
-
-1,409
R100,000 for 55+
7.85%
8.50%
-
-1,171
R100,000 for 55+
7.85%
8.50%
-
-1,171
R100,000 for 55+
7.75%
8.50%
-
-1,409
R250,000 for 18+
8.05%
8.50%
-
-1,790
R250,000 for 18+
7.85%
8.50%
-
-2,927
R250,000 for 55+
8.05%
8.50%
-
-1,790
R250,000 for 55+
7.95%
8.50%
-
-2,332
R250,000 for 55+
7.85%
8.50%
-
-2,927
R1,000,000 for 18+
8.05%
8.50%
-
-7,162
R1,000,000 for 18+
7.90%
8.50%
-
-10,627
R1,000,000 for 55+
8.05%
8.50%
-
-7,162
R1,000,000 for 55+
8.05%
8.50%
-
-7,162
R1,000,000 for 55+
7.90%
8.50%
-
-10,627
R5,000,000 for 18+
8.05%
8.50%
-
-35,810
R5,000,000 for 18+
7.90%
8.50%
-
-53,133
  • 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 7.9% 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 8.50%. Over 2 years you will earn R53,133 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+
7.60%
8.75%
-
-377
R10,000 for 55+
7.70%
8.75%
-
-339
R10,000 for 55+
7.60%
8.75%
-
-377
R100,000 for 18+
7.90%
8.75%
-
-2,652
R100,000 for 18+
7.80%
8.75%
-
-3,038
R100,000 for 55+
7.90%
8.75%
-
-2,652
R100,000 for 55+
7.90%
8.75%
-
-2,652
R100,000 for 55+
7.80%
8.75%
-
-3,038
R250,000 for 18+
8.10%
8.75%
-
-4,695
R250,000 for 18+
7.90%
8.75%
-
-6,630
R250,000 for 55+
8.10%
8.75%
-
-4,695
R250,000 for 55+
8.00%
8.75%
-
-5,663
R250,000 for 55+
7.90%
8.75%
-
-6,630
R1,000,000 for 18+
8.10%
8.75%
-
-18,778
R1,000,000 for 18+
7.95%
8.75%
-
-24,411
R1,000,000 for 55+
8.10%
8.75%
-
-18,778
R1,000,000 for 55+
8.10%
8.75%
-
-18,778
R1,000,000 for 55+
7.95%
8.75%
-
-24,411
R5,000,000 for 18+
8.10%
8.75%
-
-93,892
R5,000,000 for 18+
7.95%
8.75%
-
-122,057
  • 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 7.95% 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 8.75%. Over 3 years you will earn R122,057 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+
8.25%
10.00%
-
-1,204
R10,000 for 55+
8.55%
10.00%
-
-980
R10,000 for 55+
8.25%
10.00%
-
-1,204
R100,000 for 18+
8.70%
10.00%
-
-8,603
R100,000 for 18+
8.45%
10.00%
-
-10,504
R100,000 for 55+
8.70%
10.00%
-
-8,603
R100,000 for 55+
8.65%
10.00%
-
-9,027
R100,000 for 55+
8.45%
10.00%
-
-10,504
R250,000 for 18+
8.85%
10.00%
-
-18,670
R250,000 for 18+
8.55%
10.00%
-
-24,505
R250,000 for 55+
8.85%
10.00%
-
-18,670
R250,000 for 55+
8.70%
10.00%
-
-21,508
R250,000 for 55+
8.55%
10.00%
-
-24,505
R1,000,000 for 18+
8.85%
10.00%
-
-74,680
R1,000,000 for 18+
8.65%
10.00%
-
-90,271
R1,000,000 for 55+
8.85%
10.00%
-
-74,680
R1,000,000 for 55+
8.85%
10.00%
-
-74,680
R1,000,000 for 55+
8.65%
10.00%
-
-90,271
R5,000,000 for 18+
8.85%
10.00%
-
-373,402
R5,000,000 for 18+
8.65%
10.00%
-
-451,353
  • 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 8.65% 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 10.00%. Over 5 years you will earn R451,353 less in interest at Nedbank compared SA Retail Bonds.