Nedbank Fixed Deposit Review for March 2026
Introduction
This page summarises all the fixed deposits offered by Nedbank. All the rates shown are sourced from the Nedbank website - personal.nedbank.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 Nedbank fixed deposit interest calculator, allows you to calculate how much interest you will earn for your age, investment amount and term.
Nedbank fixed deposits highlights
last updated 1st March 2026 by Walter
Nedbank offers 3 fixed deposit products
| Product | Terms | Min Deposit | Best Rate |
|---|---|---|---|
| Nedbank Platinum Fixed Deposit | 3 month to 5 year | R1,000 | 8.05% |
| Nedbank Electronic OptimumPlus | 3 month to 5 year | R1,000 | 8.05% |
| Nedbank Electronic Fixed Deposit | 3 month to 5 year | R1,000 | 7.55% |
Here are Nedbank's best fixed deposit rates
The best interest rate you can get at Nedbank is 8.05% for the 60-month fixed deposit. You will need a minimum deposit of R250,000 .
Here are Nedbank's five best fixed deposit interest rates:
| # | Min deposit | Term | Nominal | Effective |
|---|---|---|---|---|
| 1 | R250,000 | 60 months | 8.05% | 8.35% |
| 2 | R1,000,000 P | 60 months | 8.05% | 8.35% |
| 3 | R100,000 | 60 months | 7.90% | 8.19% |
| 4 | R250,000 P | 60 months | 7.90% | 8.19% |
| 5 | R25,000 | 60 months | 7.85% | 8.14% |
Nedbank Platinum Fixed Deposit
Terms: 3 month to 5 year · Min deposit: R1,000 · Best rate: 8.05%
Nedbank Electronic OptimumPlus
Terms: 3 month to 5 year · Min deposit: R1,000 · Best rate: 8.05%
Nedbank Electronic Fixed Deposit
Terms: 3 month to 5 year · Min deposit: R1,000 · Best rate: 7.55%