Nedbank Platinum Fixed Deposit Review for March 2026
Last updated 1st March 2026 by Walter
Introduction
The Nedbank Platinum Fixed Deposit is a fixed deposit offered by Nedbank. 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 Nedbank Platinum 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 Nedbank Platinum Fixed Deposit compare to other banks.
Nedbank website
view official Nedbank Platinum Fixed Deposit page
Nedbank Platinum Fixed Deposit highlights
last updated 1st March 2026 by Walter
R1k
min deposit
6.35% - 8.05%
interest rate
3 month to 5 year
terms
18+
min age
PS. Did you know that Nedbank also offers the following fixed deposits
- The Nedbank Electronic OptimumPlus offers interest rates 6.35% - 8.05% and accepts investments from R1,000
- The Nedbank Electronic Fixed Deposit offers interest rates 6.25% - 7.55% and accepts investments from R1,000
Similar fixed deposits from other banks
| Product | Min Deposit | Rate |
|---|---|---|
| African Bank Fixed Deposit | R0 | 6.51% - 9.94% |
| Fedgroup Secured Investment (5 Years) | R1 | 8.9% |
| TymeBank Fixed Deposit | R1 | 7.75% - 8.75% |
| Investec PrimeLinked Fixed Deposit | R100,000 | 6.8% - 7.78% |
| Access Bank Fixed Deposit | R0 | 6.4% - 7.75% |
| SA Retail Bonds Fixed Rates | R1 | 7% - 7.75% |
| FNB Senior Preferential Fixed Deposit | R1,000 | 3.75% - 7.7% |
| Capitec Fixed-Term Savings | R10,000 | 6.6% - 7.6% |
Check out the full
Nedbank fixed deposit review for March 2026
or the
Nedbank fixed deposit calculator