FNB Fixed Deposit Review for March 2025

Last updated 2nd March 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 2nd March 2025 by Walter

R10,000
min deposit
8.60%
best rate

Here are FNB's best fixed deposit rates

The best interest rate you can get at FNB is 8.6% 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
1 R1,000,000 P60 months 8.60%
2 R500,000 P60 months 8.45%
3 R250,000 P60 months 8.35%
4 R10,000 P60 months 8.25%
5 R1,000,000 P48 months 8.20%
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+6.90% 7.43%
-
-13
R10,000 for 55+7.00% 7.50%
-
-13
R10,000 for 55+7.00% 7.50%
-
-13
R10,000 for 55+6.90% 7.50%
-
-15
R100,000 for 18+6.90% 7.48%
-
-147
R100,000 for 55+7.00% 7.57%
-
-143
R100,000 for 55+7.00% 7.57%
-
-143
R100,000 for 55+6.90% 7.57%
-
-169
R250,000 for 18+7.00% 7.47%
-
-294
R250,000 for 55+7.10% 7.59%
-
-310
R250,000 for 55+7.10% 7.59%
-
-310
R250,000 for 55+7.00% 7.59%
-
-375
R1,000,000 for 18+7.20% 7.52%
-
-815
R1,000,000 for 55+7.30% 7.62%
-
-809
R1,000,000 for 55+7.30% 7.62%
-
-809
R1,000,000 for 55+7.20% 7.62%
-
-1,070
R5,000,000 for 18+7.20% 7.53%
-
-4,215
R5,000,000 for 55+7.30% 7.61%
-
-3,923
R5,000,000 for 55+7.30% 7.61%
-
-3,923
R5,000,000 for 55+7.20% 7.61%
-
-5,226
How to read this table?

You get a 6.9% 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 7.43%. Over 3 months you will earn R13 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+7.05% 7.79%
-
-38
R10,000 for 55+7.15% 7.83%
-
-35
R10,000 for 55+7.15% 7.83%
-
-35
R10,000 for 55+7.05% 7.83%
-
-40
R100,000 for 18+7.05% 7.85%
-
-415
R100,000 for 55+7.15% 7.87%
-
-371
R100,000 for 55+7.15% 7.87%
-
-371
R100,000 for 55+7.05% 7.87%
-
-424
R250,000 for 18+7.15% 7.87%
-
-930
R250,000 for 55+7.25% 7.90%
-
-827
R250,000 for 55+7.25% 7.90%
-
-827
R250,000 for 55+7.15% 7.90%
-
-960
R1,000,000 for 18+7.35% 7.90%
-
-2,851
R1,000,000 for 55+7.50% 7.93%
-
-2,223
R1,000,000 for 55+7.50% 7.93%
-
-2,223
R1,000,000 for 55+7.35% 7.93%
-
-2,994
R5,000,000 for 18+7.35% 7.90%
-
-14,329
R5,000,000 for 55+7.50% 7.94%
-
-11,305
R5,000,000 for 55+7.50% 7.94%
-
-11,305
R5,000,000 for 55+7.35% 7.94%
-
-15,159
How to read this table?

You get a 7.05% 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 7.79%. 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+7.55% 8.11%
-
-60
R10,000 for 55+7.95% 8.15%
-
-21
R10,000 for 55+7.95% 8.15%
-
-21
R10,000 for 55+7.55% 8.15%
-
-64
R100,000 for 18+7.55% 8.19%
-
-681
R100,000 for 55+7.95% 8.20%
-
-269
R100,000 for 55+7.95% 8.20%
-
-269
R100,000 for 55+7.55% 8.20%
-
-699
R250,000 for 18+7.65% 8.21%
-
-1,504
R250,000 for 55+8.05% 8.24%
-
-513
R250,000 for 55+8.05% 8.24%
-
-513
R250,000 for 55+7.65% 8.24%
-
-1,588
R1,000,000 for 18+7.85% 8.23%
-
-4,092
R1,000,000 for 55+8.25% 8.27%
-
-185
R1,000,000 for 55+8.25% 8.27%
-
-185
R1,000,000 for 55+7.85% 8.27%
-
-4,485
R5,000,000 for 18+7.85% 8.23%
-
-20,500
R5,000,000 for 55+8.25% 8.27%
-
-864
R5,000,000 for 55+8.25% 8.27%
-
-864
R5,000,000 for 55+7.85% 8.27%
-
-22,364
How to read this table?

You get a 7.55% 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 8.11%. Over 12 months you will earn R60 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+7.55% 8.16%
-
-137
R10,000 for 55+7.75% 8.18%
-
-97
R10,000 for 55+7.75% 8.18%
-
-97
R10,000 for 55+7.55% 8.18%
-
-143
R100,000 for 18+7.55% 8.20%
-
-1,471
R100,000 for 55+7.75% 8.21%
-
-1,036
R100,000 for 55+7.75% 8.21%
-
-1,036
R100,000 for 55+7.55% 8.21%
-
-1,489
R250,000 for 18+7.65% 8.23%
-
-3,305
R250,000 for 55+7.85% 8.24%
-
-2,196
R250,000 for 55+7.85% 8.24%
-
-2,196
R250,000 for 55+7.65% 8.24%
-
-3,384
R1,000,000 for 18+7.85% 8.24%
-
-8,866
R1,000,000 for 55+8.10% 8.26%
-
-3,487
R1,000,000 for 55+8.10% 8.26%
-
-3,487
R1,000,000 for 55+7.85% 8.26%
-
-9,334
R5,000,000 for 18+7.85% 8.26%
-
-46,293
R5,000,000 for 55+8.10% 8.22%
-
-13,382
R5,000,000 for 55+8.10% 8.22%
-
-13,382
R5,000,000 for 55+7.85% 8.22%
-
-42,616
How to read this table?

You get a 7.55% 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 8.16%. Over 2 years you will earn R137 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+7.65% 8.35%
-
-262
R10,000 for 55+7.75% 8.40%
-
-240
R10,000 for 55+7.75% 8.40%
-
-240
R10,000 for 55+7.65% 8.40%
-
-278
R100,000 for 18+7.65% 8.40%
-
-2,804
R100,000 for 55+7.75% 8.41%
-
-2,456
R100,000 for 55+7.75% 8.41%
-
-2,456
R100,000 for 55+7.65% 8.41%
-
-2,841
R250,000 for 18+7.75% 8.44%
-
-6,376
R250,000 for 55+7.85% 8.45%
-
-5,561
R250,000 for 55+7.85% 8.45%
-
-5,561
R250,000 for 55+7.75% 8.45%
-
-6,525
R1,000,000 for 18+7.95% 8.46%
-
-18,564
R1,000,000 for 55+8.10% 8.48%
-
-13,778
R1,000,000 for 55+8.10% 8.48%
-
-13,778
R1,000,000 for 55+7.95% 8.48%
-
-19,411
R5,000,000 for 18+7.95% 8.48%
-
-97,845
R5,000,000 for 55+8.10% 8.42%
-
-61,278
R5,000,000 for 55+8.10% 8.42%
-
-61,278
R5,000,000 for 55+7.95% 8.42%
-
-89,443
How to read this table?

You get a 7.65% 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 8.35%. Over 3 years you will earn R262 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+8.05% 8.94%
-
-673
R10,000 for 55+8.25% 8.99%
-
-555
R10,000 for 55+8.25% 8.99%
-
-555
R10,000 for 55+8.05% 8.99%
-
-708
R100,000 for 18+8.05% 8.98%
-
-7,027
R100,000 for 55+8.25% 9.00%
-
-5,634
R100,000 for 55+8.25% 9.00%
-
-5,634
R100,000 for 55+8.05% 9.00%
-
-7,157
R250,000 for 18+8.15% 9.01%
-
-16,231
R250,000 for 55+8.35% 9.03%
-
-12,759
R250,000 for 55+8.35% 9.03%
-
-12,759
R250,000 for 55+8.15% 9.03%
-
-16,580
R1,000,000 for 18+8.35% 9.03%
-
-50,876
R1,000,000 for 55+8.60% 9.06%
-
-34,132
R1,000,000 for 55+8.60% 9.06%
-
-34,132
R1,000,000 for 55+8.35% 9.06%
-
-53,060
R5,000,000 for 18+8.35% 9.04%
-
-259,183
R5,000,000 for 55+8.60% 8.96%
-
-138,166
R5,000,000 for 55+8.60% 8.96%
-
-138,166
R5,000,000 for 55+8.35% 8.96%
-
-232,803
How to read this table?

You get a 8.05% 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 8.94%. Over 5 years you will earn R673 less in interest at FNB compared to the average bank.