Nedbank vs SA Retail Bonds

Interest rates compared

Last updated 2nd February 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 February 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
10.00%
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% 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%
8.75%
-
-197
R10,000 for 55+
7.85%
8.75%
-
-174
R10,000 for 55+
7.75%
8.75%
-
-197
R100,000 for 18+
8.05%
8.75%
-
-1,282
R100,000 for 18+
7.95%
8.75%
-
-1,499
R100,000 for 55+
8.05%
8.75%
-
-1,282
R100,000 for 55+
8.05%
8.75%
-
-1,282
R100,000 for 55+
7.95%
8.75%
-
-1,499
R250,000 for 18+
8.25%
8.75%
-
-2,012
R250,000 for 18+
8.05%
8.75%
-
-3,205
R250,000 for 55+
8.25%
8.75%
-
-2,012
R250,000 for 55+
8.15%
8.75%
-
-2,609
R250,000 for 55+
8.05%
8.75%
-
-3,205
R1,000,000 for 18+
8.25%
8.75%
-
-8,048
R1,000,000 for 18+
8.10%
8.75%
-
-11,520
R1,000,000 for 55+
8.25%
8.75%
-
-8,048
R1,000,000 for 55+
8.25%
8.75%
-
-8,048
R1,000,000 for 55+
8.10%
8.75%
-
-11,520
R5,000,000 for 18+
8.25%
8.75%
-
-40,239
R5,000,000 for 18+
8.10%
8.75%
-
-57,598
  • 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 8.75%. Over 2 years you will earn R57,598 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%
10.00%
-
-1,280
R10,000 for 55+
8.85%
10.00%
-
-747
R10,000 for 55+
8.15%
10.00%
-
-1,280
R100,000 for 18+
9.00%
10.00%
-
-6,326
R100,000 for 18+
8.35%
10.00%
-
-11,272
R100,000 for 55+
9.00%
10.00%
-
-6,326
R100,000 for 55+
8.95%
10.00%
-
-6,684
R100,000 for 55+
8.35%
10.00%
-
-11,272
R250,000 for 18+
9.15%
10.00%
-
-12,945
R250,000 for 18+
8.45%
10.00%
-
-26,259
R250,000 for 55+
9.15%
10.00%
-
-12,945
R250,000 for 55+
9.00%
10.00%
-
-15,816
R250,000 for 55+
8.45%
10.00%
-
-26,259
R1,000,000 for 18+
9.15%
10.00%
-
-51,778
R1,000,000 for 18+
8.55%
10.00%
-
-98,019
R1,000,000 for 55+
9.15%
10.00%
-
-51,778
R1,000,000 for 55+
9.15%
10.00%
-
-51,778
R1,000,000 for 55+
8.55%
10.00%
-
-98,019
R5,000,000 for 18+
9.15%
10.00%
-
-258,892
R5,000,000 for 18+
8.55%
10.00%
-
-490,094
  • 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 10.00%. Over 5 years you will earn R490,094 less in interest at Nedbank compared SA Retail Bonds.