SA Retail Bonds Fixed Deposit Review for March 2024

Last updated 2nd March24 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 March24 by Walter

R1,000
min deposit
10.75%
best rate

Here are SA Retail Bonds's best fixed deposit rates

The best interest rate you can get at SA Retail Bonds is 10.75% 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 10.75%
2 R1,000 36 months 9.75%
3 R1,000 24 months 9.25%
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+9.25% 8.73%
+
82
R10,000 for 55+9.25% 8.87%
+
48
R100,000 for 18+9.25% 8.81%
+
624
R100,000 for 55+9.25% 8.92%
+
359
R250,000 for 18+9.25% 8.86%
+
1,287
R250,000 for 55+9.25% 8.95%
+
727
R1,000,000 for 18+9.25% 8.88%
+
4,713
R1,000,000 for 55+9.25% 8.98%
+
2,129
R5,000,000 for 18+9.25% 8.90%
+
20,601
How to read this table?

You get a 9.25% 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 8.73%. Over 2 years you will earn R82 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+9.75% 8.84%
+
282
R10,000 for 55+9.75% 8.97%
+
229
R100,000 for 18+9.75% 9.04%
+
2,031
R100,000 for 55+9.75% 9.15%
+
1,606
R250,000 for 18+9.75% 9.08%
+
4,648
R250,000 for 55+9.75% 9.18%
+
3,748
R1,000,000 for 18+9.75% 9.11%
+
17,626
R1,000,000 for 55+9.75% 9.22%
+
13,473
R5,000,000 for 18+9.75% 9.15%
+
80,322
How to read this table?

You get a 9.75% 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 8.84%. Over 3 years you will earn R282 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+10.75% 9.42%
+
891
R10,000 for 55+10.75% 9.55%
+
785
R100,000 for 18+10.75% 9.60%
+
7,487
R100,000 for 55+10.75% 9.66%
+
7,021
R250,000 for 18+10.75% 9.64%
+
17,960
R250,000 for 55+10.75% 9.70%
+
16,659
R1,000,000 for 18+10.75% 9.66%
+
70,208
R1,000,000 for 55+10.75% 9.73%
+
64,434
R5,000,000 for 18+10.75% 9.68%
+
342,676
How to read this table?

You get a 10.75% 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 9.42%. Over 5 years you will earn R891 more in interest at SA Retail Bonds compared to the average bank.

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