SA Retail Bonds vs African Bank

Interest rates compared

Last updated 2nd April 2025 by Walter

Introduction

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

You are more likely to find better interest rates at SA Retail Bonds than African Bank. Specifically, 100 out of 100 interest rates are better at SA Retail Bonds than African Bank. This means you are more likely to find a better interest rate at African Bank 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
10.25%
best rate
African Bank
9.94%
best rate

The best interest rate you can get at SA Retail Bonds is 10.25% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 . Whilst at African Bank, the best interest rate you can get is 9.94% for the 60-month fixed deposit. You will need a minimum deposit of R500 .

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

2 year fixed deposit interest rates compared

SA Retail Bonds vs African Bank

This table shows SA Retail Bonds's and African Bank'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 Bonds1African Bank1 Winner 2
R10,000 for 18+
9.00%
8.65%
+
44
R10,000 for 55+
9.00%
8.65%
+
44
R100,000 for 18+
9.00%
8.65%
+
436
R100,000 for 55+
9.00%
8.65%
+
436
R250,000 for 18+
9.00%
8.65%
+
1,091
R250,000 for 55+
9.00%
8.65%
+
1,091
R1,000,000 for 18+
9.00%
8.65%
+
4,364
R1,000,000 for 55+
9.00%
8.65%
+
4,364
R5,000,000 for 18+
9.00%
8.65%
+
21,820
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at SA Retail Bonds over and above African Bank.
    A negative amount means that African Bank offers more than SA Retail Bonds.
How to read this table?

You get a 9% interest rate at SA Retail Bonds for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 18). African Bank's interest rate for the same terms is 8.65%. Over 2 years you will earn R21,820 more in interest at SA Retail Bonds compared African Bank.

3 year fixed deposit interest rates compared

SA Retail Bonds vs African Bank

This table shows SA Retail Bonds's and African Bank'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 Bonds1African Bank1 Winner 2
R10,000 for 18+
9.25%
8.75%
+
125
R10,000 for 55+
9.25%
8.75%
+
125
R100,000 for 18+
9.25%
8.75%
+
1,254
R100,000 for 55+
9.25%
8.75%
+
1,254
R250,000 for 18+
9.25%
8.75%
+
3,135
R250,000 for 55+
9.25%
8.75%
+
3,135
R1,000,000 for 18+
9.25%
8.75%
+
12,540
R1,000,000 for 55+
9.25%
8.75%
+
12,540
R5,000,000 for 18+
9.25%
8.75%
+
62,702
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at SA Retail Bonds over and above African Bank.
    A negative amount means that African Bank 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). African Bank's interest rate for the same terms is 8.75%. Over 3 years you will earn R62,702 more in interest at SA Retail Bonds compared African Bank.

5 year fixed deposit interest rates compared

SA Retail Bonds vs African Bank

This table shows SA Retail Bonds's and African Bank'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 Bonds1African Bank1 Winner 2
R10,000 for 18+
10.25%
9.94%
+
74
R10,000 for 55+
10.25%
9.94%
+
74
R100,000 for 18+
10.25%
9.94%
+
744
R100,000 for 55+
10.25%
9.94%
+
744
R250,000 for 18+
10.25%
9.94%
+
1,861
R250,000 for 55+
10.25%
9.94%
+
1,861
R1,000,000 for 18+
10.25%
9.94%
+
7,444
R1,000,000 for 55+
10.25%
9.94%
+
7,444
R5,000,000 for 18+
10.25%
9.94%
+
37,219
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at SA Retail Bonds over and above African Bank.
    A negative amount means that African Bank offers more than SA Retail Bonds.
How to read this table?

You get a 10.25% interest rate at SA Retail Bonds for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 18). African Bank's interest rate for the same terms is 9.94%. Over 5 years you will earn R37,219 more in interest at SA Retail Bonds compared African Bank.

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