African Bank Fixed Deposit Review for April 2026
Last updated 1st April 2026 by Walter
Introduction
The African Bank Fixed Deposit is a fixed deposit offered by African Bank. Unlike savings accounts, fixed deposits lock in your interest rate for the full term, giving you certainty on your returns.
This page summarises interest rates offered by African Bank Fixed Deposit and compares them to South Africa's fixed deposit industry average. So you can get a good idea how the interest rates offered by African Bank Fixed Deposit compare to other banks.
African Bank website
view official African Bank Fixed Deposit page
African Bank Fixed Deposit highlights
last updated 1st April 2026 by Walter
R0
min deposit
6.51% - 8.28%
interest rate
3 month to 5 year
terms
55+
min age
PS. Did you know that African Bank also offers the following fixed deposits
- The African Bank Tax Free Investment (12 Months) offers interest rates 6.98% - 7.26% and accepts investments from R0
Similar fixed deposits from other banks
| Product | Min Deposit | Rate |
|---|---|---|
| SA Retail Bonds Fixed Rates | R1 | 8.25% - 9.25% |
| TymeBank Fixed Deposit | R1 | 7.75% - 8.75% |
| Fedgroup Secured Investment (5 Years) | R1 | 8.65% |
| Investec Fixed Deposit Special | R100,000 | 6.85% - 8.58% |
| Absa Dynamic Senior Fixed Deposit | R1,000 | 6.3% - 8.15% |
| Absa Dynamic Fixed Deposit | R1,000 | 6.2% - 8.05% |
| Discovery Fixed Deposit Account | R10,000 | 6.6% - 8.05% |
| Standard Bank Fixed Deposit | R1 | 5.54% - 8.05% |
Check out the full
African Bank fixed deposit review for April 2026
or the
African Bank fixed deposit calculator