FNB Fixed Deposit Review for April 2025

Last updated 2nd April 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 April 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% 7.41%
-
-13
R10,000 for 55+7.00% 7.49%
-
-12
R10,000 for 55+7.00% 7.49%
-
-12
R10,000 for 55+6.90% 7.49%
-
-15
R100,000 for 18+6.90% 7.47%
-
-145
R100,000 for 55+7.00% 7.56%
-
-141
R100,000 for 55+7.00% 7.56%
-
-141
R100,000 for 55+6.90% 7.56%
-
-167
R250,000 for 18+7.00% 7.46%
-
-289
R250,000 for 55+7.10% 7.58%
-
-304
R250,000 for 55+7.10% 7.58%
-
-304
R250,000 for 55+7.00% 7.58%
-
-369
R1,000,000 for 18+7.20% 7.51%
-
-794
R1,000,000 for 55+7.30% 7.61%
-
-786
R1,000,000 for 55+7.30% 7.61%
-
-786
R1,000,000 for 55+7.20% 7.61%
-
-1,046
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 7.41%. 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% 7.78%
-
-38
R10,000 for 55+7.15% 7.82%
-
-34
R10,000 for 55+7.15% 7.82%
-
-34
R10,000 for 55+7.05% 7.82%
-
-40
R100,000 for 18+7.05% 7.84%
-
-410
R100,000 for 55+7.15% 7.87%
-
-369
R100,000 for 55+7.15% 7.87%
-
-369
R100,000 for 55+7.05% 7.87%
-
-422
R250,000 for 18+7.15% 7.86%
-
-916
R250,000 for 55+7.25% 7.89%
-
-822
R250,000 for 55+7.25% 7.89%
-
-822
R250,000 for 55+7.15% 7.89%
-
-954
R1,000,000 for 18+7.35% 7.89%
-
-2,795
R1,000,000 for 55+7.50% 7.92%
-
-2,203
R1,000,000 for 55+7.50% 7.92%
-
-2,203
R1,000,000 for 55+7.35% 7.92%
-
-2,973
R5,000,000 for 18+7.35% 7.90%
-
-14,219
R5,000,000 for 55+7.50% 7.94%
-
-11,385
R5,000,000 for 55+7.50% 7.94%
-
-11,385
R5,000,000 for 55+7.35% 7.94%
-
-15,240
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 7.78%. 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% 8.10%
-
-59
R10,000 for 55+7.95% 8.14%
-
-20
R10,000 for 55+7.95% 8.14%
-
-20
R10,000 for 55+7.55% 8.14%
-
-63
R100,000 for 18+7.55% 8.18%
-
-672
R100,000 for 55+7.95% 8.19%
-
-262
R100,000 for 55+7.95% 8.19%
-
-262
R100,000 for 55+7.55% 8.19%
-
-692
R250,000 for 18+7.65% 8.20%
-
-1,481
R250,000 for 55+8.05% 8.23%
-
-494
R250,000 for 55+8.05% 8.23%
-
-494
R250,000 for 55+7.65% 8.23%
-
-1,569
R1,000,000 for 18+7.85% 8.22%
-
-4,000
R1,000,000 for 55+8.25% 8.26%
-
-108
R1,000,000 for 55+8.25% 8.26%
-
-108
R1,000,000 for 55+7.85% 8.26%
-
-4,408
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 8.10%. Over 12 months you will earn R59 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%
-
-1,462
R100,000 for 55+7.75% 8.20%
-
-1,029
R100,000 for 55+7.75% 8.20%
-
-1,029
R100,000 for 55+7.55% 8.20%
-
-1,483
R250,000 for 18+7.65% 8.22%
-
-3,283
R250,000 for 55+7.85% 8.24%
-
-2,179
R250,000 for 55+7.85% 8.24%
-
-2,179
R250,000 for 55+7.65% 8.24%
-
-3,367
R1,000,000 for 18+7.85% 8.24%
-
-8,776
R1,000,000 for 55+8.10% 8.26%
-
-3,420
R1,000,000 for 55+8.10% 8.26%
-
-3,420
R1,000,000 for 55+7.85% 8.26%
-
-9,267
R5,000,000 for 18+7.85% 8.26%
-
-45,801
R5,000,000 for 55+8.10% 8.21%
-
-12,987
R5,000,000 for 55+8.10% 8.21%
-
-12,987
R5,000,000 for 55+7.85% 8.21%
-
-42,222
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.