Standard Bank vs SA Retail Bonds

Interest rates compared

Last updated 1st November 2024 by Walter

Introduction

This fixed deposit comparison page compares Standard Bank interest rates to SA Retail Bonds interest rates. All the interest rates shown are sourced from the Standard Bank 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 November 2024.

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

You are more likely to find better interest rates at SA Retail Bonds than Standard Bank. Specifically, 0 out of 100 interest rates are better at Standard Bank 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)

Standard Bank
8.85%
best rate
SA Retail Bonds
10.25%
best rate

The best interest rate you can get at Standard Bank is 8.85% for the 60-month fixed deposit. You will need a minimum deposit of R100,000 . Whilst at SA Retail Bonds, the best interest rate you can get is 10.25% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 .

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

2 year fixed deposit interest rates compared

Standard Bank vs SA Retail Bonds

This table shows Standard Bank'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 Standard Bank1SA Retail Bonds1 Winner 2
R10,000 for 18+
7.39%
9.00%
-
-336
R10,000 for 55+
7.89%
9.00%
-
-222
R100,000 for 18+
8.26%
9.00%
-
-1,350
R100,000 for 55+
8.26%
9.00%
-
-1,350
R250,000 for 18+
8.26%
9.00%
-
-3,376
R250,000 for 55+
8.26%
9.00%
-
-3,376
R1,000,000 for 18+
8.26%
9.00%
-
-13,502
R1,000,000 for 55+
8.26%
9.00%
-
-13,502
R5,000,000 for 18+
8.26%
9.00%
-
-67,512
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Standard Bank over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than Standard Bank.
How to read this table?

You get a 8.26% interest rate at Standard Bank 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 9.00%. Over 2 years you will earn R67,512 less in interest at Standard Bank compared SA Retail Bonds.

3 year fixed deposit interest rates compared

Standard Bank vs SA Retail Bonds

This table shows Standard Bank'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 Standard Bank1SA Retail Bonds1 Winner 2
R10,000 for 18+
7.66%
9.25%
-
-542
R10,000 for 55+
8.16%
9.25%
-
-353
R100,000 for 18+
8.13%
9.25%
-
-3,632
R100,000 for 55+
8.13%
9.25%
-
-3,632
R250,000 for 18+
8.13%
9.25%
-
-9,081
R250,000 for 55+
8.13%
9.25%
-
-9,081
R1,000,000 for 18+
8.13%
9.25%
-
-36,323
R1,000,000 for 55+
8.13%
9.25%
-
-36,323
R5,000,000 for 18+
8.13%
9.25%
-
-181,614
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Standard Bank over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than Standard Bank.
How to read this table?

You get a 8.13% interest rate at Standard Bank 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 R181,614 less in interest at Standard Bank compared SA Retail Bonds.

5 year fixed deposit interest rates compared

Standard Bank vs SA Retail Bonds

This table shows Standard Bank'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 Standard Bank1SA Retail Bonds1 Winner 2
R10,000 for 18+
7.86%
10.25%
-
-1,686
R10,000 for 55+
8.36%
10.25%
-
-1,313
R100,000 for 18+
8.85%
10.25%
-
-9,398
R100,000 for 55+
8.85%
10.25%
-
-9,398
R250,000 for 18+
8.85%
10.25%
-
-23,495
R250,000 for 55+
8.85%
10.25%
-
-23,495
R1,000,000 for 18+
8.85%
10.25%
-
-93,978
R1,000,000 for 55+
8.85%
10.25%
-
-93,978
R5,000,000 for 18+
8.85%
10.25%
-
-469,891
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Standard Bank over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than Standard Bank.
How to read this table?

You get a 8.85% interest rate at Standard Bank 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 10.25%. Over 5 years you will earn R469,891 less in interest at Standard Bank compared SA Retail Bonds.