FNB Savings Account Review for March 2026
Introduction
The FNB Savings Account is a savings account offered by FNB. Unlike notice or fixed deposits, savings accounts allow quick and easy access to your money.
This page summarises interest rates offered by FNB Savings Account and compares them to South Africa's savings account industry average. So you can get a good idea how the interest rates offered by FNB Savings Account compare to other banks.
FNB Savings Account highlights
last updated 1st March 2026 by Walter
- The FNB Money Maximiser offers interest rates 7.00% and accepts investments from R100,000
- The FNB Tax-free Savings offers interest rates 6.95% and accepts investments from R300
FNB Savings Account
This table shows FNB Savings Account's interest rates for a R10,000, R20,000, R100,000, R1,000,000 and R5,000,000 investment in FNB Savings Account versus the industry average.
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R10,000 | 5.40% #12 out of 24 | 4.83% | + R 57 |
| R20,000 | 5.50% #10 out of 25 | 4.88% | + R 125 |
| R100,000 | 6.00% #16 out of 31 | 5.50% | + R 498 |
| R1,000,000 | 6.00% #14 out of 28 | 5.45% | + R 5,464 |
| R5,000,000 | 6.00% #15 out of 28 | 5.49% | + R 25,268 |
- 1 industry average refers to the average interest rate across all other savings accounts for the given investment amount
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than FNB Savings Account.
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R10,000 for 0+ | 5.40% | 4.83% | + 57 |
| R20,000 for 0+ | 5.50% | 4.88% | + 125 |
| R100,000 for 0+ | 6.00% | 5.50% | + 498 |
| R1,000,000 for 0+ | 6.00% | 5.45% | + 5,464 |
| R5,000,000 for 0+ | 6.00% | 5.49% | + 25,268 |
- 1 industry average refers to the average interest rate across all other banks
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than FNB Savings Account.
You get a 6% interest rate at FNB Savings Account for a R5,000,000 investment. The industry average for a savings account with a balance of R5,000,000 is 5.49%. Over one year you will earn R25,268 more in interest at FNB Savings Account compared to the average savings account.
Here are other similar savings accounts in South Africa which require a minimum deposit between R0 - R250,000
| Account | Min Deposit | Rate |
|---|---|---|
| Access Bank Savings | R1 | 6.00% |
| Access Bank Call | R1 | 6.00% |
| African Bank Savings Pocket | R1 | 5.50% |
| BankZero Savings | R1 | 6.25% |
| Bidvest Bank Call Account | R1,000 | 6.15% |
| Capitec Savings | R0 | 5.75% |
| Investec MoneyFund Tracker | R250,000 | 6.27% |
| Investec Call Deposits | R100,000 | 6.15% |
| Nedbank JustSave | R1 | 5.75% |
| Standard Bank SaveUp | R0 | 6.30% |
| Standard Bank MoneyMarket Call Account | R20,000 | 5.55% |
| TymeBank GoalSave | R1 | 6.00% |