SA Retail Bonds Fixed Deposit Review for December 2024

Last updated 2nd December 2024 by Walter

Introduction

This page summarises all the fixed deposits offered by SA Retail Bonds. All the rates shown are sourced from the SA Retail Bonds website - secure.rsaretailbonds.gov.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 SA Retail Bonds fixed deposit interest calculator, allows you to calculate how much interest you will earn for your age, investment amount and term.

SA Retail Bonds fixed deposits highlights

last updated 2nd December 2024 by Walter

R1,000
min deposit
9.75%
best rate

Here are SA Retail Bonds's best fixed deposit rates

The best interest rate you can get at SA Retail Bonds is 9.75% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 .

Here are SA Retail Bonds's five best fixed deposit interest rates:

# Min deposit Term Nominal
1 R1,000 60 months 9.75%
2 R1,000 36 months 9.00%
3 R1,000 24 months 8.50%
P
only individuals older than 55 qualify

SA Retail Bonds 2 year fixed deposit

This table shows SA Retail Bonds'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+8.50% 8.12%
+
54
R10,000 for 55+8.50% 8.15%
+
47
R100,000 for 18+8.50% 8.19%
+
371
R100,000 for 55+8.50% 8.19%
+
389
R250,000 for 18+8.50% 8.23%
+
687
R250,000 for 55+8.50% 8.22%
+
761
R1,000,000 for 18+8.50% 8.27%
+
1,879
R1,000,000 for 55+8.50% 8.30%
+
1,181
R5,000,000 for 18+8.50% 8.29%
+
6,756
How to read this table?

You get a 8.5% interest rate at SA Retail Bonds for a R10,000 investment in a 2 year fixed deposit (if you are older than 18). The industry average is 8.12%. Over 2 years you will earn R54 more in interest at SA Retail Bonds compared to the average bank.

SA Retail Bonds 3 year fixed deposit

This table shows SA Retail Bonds'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+9.00% 8.21%
+
236
R10,000 for 55+9.00% 8.24%
+
228
R100,000 for 18+9.00% 8.40%
+
1,641
R100,000 for 55+9.00% 8.37%
+
1,773
R250,000 for 18+9.00% 8.44%
+
3,718
R250,000 for 55+9.00% 8.41%
+
4,081
R1,000,000 for 18+9.00% 8.48%
+
13,456
R1,000,000 for 55+9.00% 8.49%
+
13,260
R5,000,000 for 18+9.00% 8.52%
+
59,981
How to read this table?

You get a 9% interest rate at SA Retail Bonds for a R10,000 investment in a 3 year fixed deposit (if you are older than 18). The industry average is 8.21%. Over 3 years you will earn R236 more in interest at SA Retail Bonds compared to the average bank.

SA Retail Bonds 5 year fixed deposit

This table shows SA Retail Bonds'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+9.75% 8.77%
+
611
R10,000 for 55+9.75% 8.81%
+
583
R100,000 for 18+9.75% 8.92%
+
4,979
R100,000 for 55+9.75% 8.89%
+
5,232
R250,000 for 18+9.75% 8.95%
+
11,779
R250,000 for 55+9.75% 8.92%
+
12,452
R1,000,000 for 18+9.75% 8.98%
+
44,731
R1,000,000 for 55+9.75% 8.99%
+
44,603
R5,000,000 for 18+9.75% 8.99%
+
221,107
How to read this table?

You get a 9.75% interest rate at SA Retail Bonds for a R10,000 investment in a 5 year fixed deposit (if you are older than 18). The industry average is 8.77%. Over 5 years you will earn R611 more in interest at SA Retail Bonds compared to the average bank.