SA Retail Bonds vs Absa

Interest rates compared

Last updated 2nd February 2025 by Walter

Introduction

This fixed deposit comparison page compares SA Retail Bonds interest rates to Absa interest rates. All the interest rates shown are sourced from the SA Retail Bonds and Absa 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 SA Retail Bonds fixed deposit interest rates compare to Absa ?

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

SA Retail Bonds
10.00%
best rate
Absa
8.50%
best rate

The best interest rate you can get at SA Retail Bonds is 10% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 . Whilst at Absa, the best interest rate you can get is 8.5% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 and be over the age of 55.

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

2 year fixed deposit interest rates compared

SA Retail Bonds vs Absa

This table shows SA Retail Bonds's and Absa's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 2 year fixed deposit.

Investment amount SA Retail Bonds1Absa1 Winner 2
R10,000 for 18+
8.75%
7.90%
+
163
R10,000 for 55+
8.75%
7.95%
+
150
R100,000 for 18+
8.75%
7.90%
+
1,628
R100,000 for 55+
8.75%
7.95%
+
1,499
R250,000 for 18+
8.75%
7.90%
+
4,071
R250,000 for 55+
8.75%
7.95%
+
3,747
R1,000,000 for 18+
8.75%
7.90%
+
16,285
R1,000,000 for 55+
8.75%
7.95%
+
14,986
R5,000,000 for 18+
8.75%
7.90%
+
81,424
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at SA Retail Bonds over and above Absa.
    A negative amount means that Absa offers more than SA Retail Bonds.
How to read this table?

You get a 8.75% interest rate at SA Retail Bonds for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.90%. Over 2 years you will earn R81,424 more in interest at SA Retail Bonds compared Absa.

3 year fixed deposit interest rates compared

SA Retail Bonds vs Absa

This table shows SA Retail Bonds's and Absa's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit.

Investment amount SA Retail Bonds1Absa1 Winner 2
R10,000 for 18+
9.25%
8.05%
+
395
R10,000 for 55+
9.25%
8.10%
+
374
R100,000 for 18+
9.25%
8.05%
+
3,950
R100,000 for 55+
9.25%
8.10%
+
3,738
R250,000 for 18+
9.25%
8.05%
+
9,874
R250,000 for 55+
9.25%
8.10%
+
9,345
R1,000,000 for 18+
9.25%
8.05%
+
39,495
R1,000,000 for 55+
9.25%
8.10%
+
37,381
R5,000,000 for 18+
9.25%
8.05%
+
197,476
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at SA Retail Bonds over and above Absa.
    A negative amount means that Absa offers more than SA Retail Bonds.
How to read this table?

You get a 9.25% interest rate at SA Retail Bonds for a R5,000,000 investment in a 3 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 8.05%. Over 3 years you will earn R197,476 more in interest at SA Retail Bonds compared Absa.

5 year fixed deposit interest rates compared

SA Retail Bonds vs Absa

This table shows SA Retail Bonds's and Absa's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 5 year fixed deposit.

Investment amount SA Retail Bonds1Absa1 Winner 2
R10,000 for 18+
10.00%
8.45%
+
1,050
R10,000 for 55+
10.00%
8.50%
+
1,015
R100,000 for 18+
10.00%
8.45%
+
10,504
R100,000 for 55+
10.00%
8.50%
+
10,153
R250,000 for 18+
10.00%
8.45%
+
26,259
R250,000 for 55+
10.00%
8.50%
+
25,383
R1,000,000 for 18+
10.00%
8.45%
+
105,035
R1,000,000 for 55+
10.00%
8.50%
+
101,530
R5,000,000 for 18+
10.00%
8.45%
+
525,176
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at SA Retail Bonds over and above Absa.
    A negative amount means that Absa offers more than SA Retail Bonds.
How to read this table?

You get a 10% interest rate at SA Retail Bonds for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 8.45%. Over 5 years you will earn R525,176 more in interest at SA Retail Bonds compared Absa.

How do SA Retail Bonds interest rates compare to other banks?