FNB Fixed Deposit Review for July 2025

Last updated 1st July 2025 by Walter

Introduction

This page summarises all the fixed deposits offered by FNB. All the rates shown are sourced from the FNB website - fnb.co.za. All rates shown on this page have been converted to nominal and effective annual rates! This allows you to compare rates across all banks. Yippee!

The FNB fixed deposit interest calculator, allows you to calculate how much interest you will earn for your age, investment amount and term.

FNB fixed deposits highlights

last updated 1st July 2025 by Walter

R10,000
min deposit
8.40%
best rate

Here are FNB's best fixed deposit rates

The best interest rate you can get at FNB is 8.4% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 and be over the age of 55.

Here are FNB's five best fixed deposit interest rates:

# Min deposit Term Nominal
P
only individuals older than 55 qualify

FNB 3 month fixed deposit

This table shows FNB's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 month fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+6.65% 7.24%
-
-15
R10,000 for 55+6.85% 7.34%
-
-12
R10,000 for 55+6.85% 7.34%
-
-12
R10,000 for 55+6.65% 7.34%
-
-17
R100,000 for 18+6.65% 7.30%
-
-163
R100,000 for 55+6.85% 7.40%
-
-140
R100,000 for 55+6.85% 7.40%
-
-140
R100,000 for 55+6.65% 7.40%
-
-190
R250,000 for 18+6.75% 7.29%
-
-347
R250,000 for 55+6.95% 7.45%
-
-312
R250,000 for 55+6.95% 7.45%
-
-312
R250,000 for 55+6.75% 7.45%
-
-443
R1,000,000 for 18+6.95% 7.36%
-
-1,040
R1,000,000 for 55+7.15% 7.49%
-
-862
R1,000,000 for 55+7.15% 7.49%
-
-862
R1,000,000 for 55+6.95% 7.49%
-
-1,360
R5,000,000 for 18+6.95% 7.39%
-
-5,486
R5,000,000 for 55+7.15% 7.49%
-
-4,244
R5,000,000 for 55+7.15% 7.49%
-
-4,244
R5,000,000 for 55+6.95% 7.49%
-
-6,735
How to read this table?

You get a 6.65% interest rate at FNB for a R10,000 investment in a 3 month fixed deposit (if you are older than 18). The industry average is 7.24%. Over 3 months you will earn R15 less in interest at FNB compared to the average bank.

FNB 6 month fixed deposit

This table shows FNB's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 6 month fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+6.80% 7.53%
-
-38
R10,000 for 55+7.00% 7.58%
-
-30
R10,000 for 55+7.00% 7.58%
-
-30
R10,000 for 55+6.80% 7.58%
-
-40
R100,000 for 18+6.80% 7.54%
-
-378
R100,000 for 55+7.00% 7.63%
-
-327
R100,000 for 55+7.00% 7.63%
-
-327
R100,000 for 55+6.80% 7.63%
-
-428
R250,000 for 18+6.90% 7.51%
-
-791
R250,000 for 55+7.10% 7.67%
-
-727
R250,000 for 55+7.10% 7.67%
-
-727
R250,000 for 55+6.90% 7.67%
-
-993
R1,000,000 for 18+7.10% 7.56%
-
-2,350
R1,000,000 for 55+7.35% 7.69%
-
-1,789
R1,000,000 for 55+7.35% 7.69%
-
-1,789
R1,000,000 for 55+7.10% 7.69%
-
-3,043
R5,000,000 for 18+7.10% 7.60%
-
-12,768
R5,000,000 for 55+7.35% 7.69%
-
-8,906
R5,000,000 for 55+7.35% 7.69%
-
-8,906
R5,000,000 for 55+7.10% 7.69%
-
-15,177
How to read this table?

You get a 6.8% interest rate at FNB for a R10,000 investment in a 6 month fixed deposit (if you are older than 18). The industry average is 7.53%. Over 6 months you will earn R38 less in interest at FNB compared to the average bank.

FNB 1 year fixed deposit

This table shows FNB's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+7.30% 7.71%
-
-44
R10,000 for 55+7.60% 7.77%
-
-19
R10,000 for 55+7.60% 7.77%
-
-19
R10,000 for 55+7.30% 7.77%
-
-51
R100,000 for 18+7.30% 7.82%
-
-552
R100,000 for 55+7.60% 7.89%
-
-308
R100,000 for 55+7.60% 7.89%
-
-308
R100,000 for 55+7.30% 7.89%
-
-628
R250,000 for 18+7.40% 7.82%
-
-1,120
R250,000 for 55+7.70% 7.95%
-
-656
R250,000 for 55+7.70% 7.95%
-
-656
R250,000 for 55+7.40% 7.95%
-
-1,456
R1,000,000 for 18+7.60% 7.85%
-
-2,750
R1,000,000 for 55+7.90% 7.99%
-
-938
R1,000,000 for 55+7.90% 7.99%
-
-938
R1,000,000 for 55+7.60% 7.99%
-
-4,138
R5,000,000 for 18+7.60% 7.90%
-
-16,091
R5,000,000 for 55+7.90% 7.99%
-
-5,136
R5,000,000 for 55+7.90% 7.99%
-
-5,136
R5,000,000 for 55+7.60% 7.99%
-
-21,136
How to read this table?

You get a 7.3% interest rate at FNB for a R10,000 investment in a 1 year fixed deposit (if you are older than 18). The industry average is 7.71%. Over 12 months you will earn R44 less in interest at FNB compared to the average bank.

FNB 2 year fixed deposit

This table shows FNB's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 2 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+7.30% 7.73%
-
-96
R10,000 for 55+7.55% 7.79%
-
-52
R10,000 for 55+7.55% 7.79%
-
-52
R10,000 for 55+7.30% 7.79%
-
-110
R100,000 for 18+7.30% 7.84%
-
-1,225
R100,000 for 55+7.55% 7.86%
-
-694
R100,000 for 55+7.55% 7.86%
-
-694
R100,000 for 55+7.30% 7.86%
-
-1,276
R250,000 for 18+7.40% 7.89%
-
-2,726
R250,000 for 55+7.65% 7.91%
-
-1,480
R250,000 for 55+7.65% 7.91%
-
-1,480
R250,000 for 55+7.40% 7.91%
-
-2,881
R1,000,000 for 18+7.60% 7.92%
-
-7,050
R1,000,000 for 55+7.90% 7.95%
-
-880
R1,000,000 for 55+7.90% 7.95%
-
-880
R1,000,000 for 55+7.60% 7.95%
-
-7,794
R5,000,000 for 18+7.60% 7.94%
-
-37,586
R5,000,000 for 55+7.90% 7.92%
-
-2,239
R5,000,000 for 55+7.90% 7.92%
-
-2,239
R5,000,000 for 55+7.60% 7.92%
-
-36,808
How to read this table?

You get a 7.3% interest rate at FNB for a R10,000 investment in a 2 year fixed deposit (if you are older than 18). The industry average is 7.73%. Over 2 years you will earn R96 less in interest at FNB compared to the average bank.

FNB 3 year fixed deposit

This table shows FNB's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+7.40% 7.87%
-
-168
R10,000 for 55+7.60% 7.95%
-
-126
R10,000 for 55+7.60% 7.95%
-
-126
R10,000 for 55+7.40% 7.95%
-
-199
R100,000 for 18+7.40% 8.02%
-
-2,262
R100,000 for 55+7.60% 8.05%
-
-1,633
R100,000 for 55+7.60% 8.05%
-
-1,633
R100,000 for 55+7.40% 8.05%
-
-2,365
R250,000 for 18+7.50% 8.07%
-
-5,252
R250,000 for 55+7.70% 8.10%
-
-3,635
R250,000 for 55+7.70% 8.10%
-
-3,635
R250,000 for 55+7.50% 8.10%
-
-5,555
R1,000,000 for 18+7.70% 8.08%
-
-13,888
R1,000,000 for 55+7.95% 8.12%
-
-5,934
R1,000,000 for 55+7.95% 8.12%
-
-5,934
R1,000,000 for 55+7.70% 8.12%
-
-15,402
R5,000,000 for 18+7.70% 8.11%
-
-74,042
R5,000,000 for 55+7.95% 8.08%
-
-24,845
R5,000,000 for 55+7.95% 8.08%
-
-24,845
R5,000,000 for 55+7.70% 8.08%
-
-72,185
How to read this table?

You get a 7.4% interest rate at FNB for a R10,000 investment in a 3 year fixed deposit (if you are older than 18). The industry average is 7.87%. Over 3 years you will earn R168 less in interest at FNB compared to the average bank.

FNB 5 year fixed deposit

This table shows FNB's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 5 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+7.80% 8.56%
-
-565
R10,000 for 55+8.05% 8.62%
-
-423
R10,000 for 55+8.05% 8.62%
-
-423
R10,000 for 55+7.80% 8.62%
-
-608
R100,000 for 18+7.80% 8.66%
-
-6,397
R100,000 for 55+8.05% 8.68%
-
-4,683
R100,000 for 55+8.05% 8.68%
-
-4,683
R100,000 for 55+7.80% 8.68%
-
-6,535
R250,000 for 18+7.90% 8.71%
-
-15,019
R250,000 for 55+8.15% 8.73%
-
-10,727
R250,000 for 55+8.15% 8.73%
-
-10,727
R250,000 for 55+7.90% 8.73%
-
-15,374
R1,000,000 for 18+8.10% 8.75%
-
-48,687
R1,000,000 for 55+8.40% 8.78%
-
-28,463
R1,000,000 for 55+8.40% 8.78%
-
-28,463
R1,000,000 for 55+8.10% 8.78%
-
-50,694
R5,000,000 for 18+8.10% 8.76%
-
-244,705
R5,000,000 for 55+8.40% 8.67%
-
-105,211
R5,000,000 for 55+8.40% 8.67%
-
-105,211
R5,000,000 for 55+8.10% 8.67%
-
-216,367
How to read this table?

You get a 7.8% interest rate at FNB for a R10,000 investment in a 5 year fixed deposit (if you are older than 18). The industry average is 8.56%. Over 5 years you will earn R565 less in interest at FNB compared to the average bank.