Here are the best notice account interest rates in South Africa | July 2022

  • this page summarises the best 7-day, 32-day, 60-day and 90-day notice deposit interest rates in South Africa
  • a notice account does not give you immediate access to your money. You will have to give 7, 32, 60 or 90 day notice to the bank before you can access it.
  • however, banks will reward you with better interest rate on their notice deposit accounts compared to their savings accounts.
  • all interest rates for these notice deposit accounts were last updated 1st July 2022. All are nominal interest rates

What are the best 7-day notice account interest rates currently offered in South Africa?

BankMin DepositInterest Rate
1 African bank R5005.04%
2 Absa R10m4.9%
3 Fnb R1m4.65%
4 Standard bank R1m3.5%
The best 7-day notice account interest rate in South Africa is 5.04% offered by African bank. You will need a minimum account balance of R500 to get this interest rate. Absa has the second best 7-day notice deposit interest rate in South Africa at 4.9%. Fnb is in 3rd place with their 4.65% offer.
PS All these rates were last sourced 1st July 2022. All rates are nominal interest rates.

What are the best 32-day notice account interest rates currently offered in South Africa?

BankMin DepositInterest Rate
1 African bank R5005.51%
2 Grobank R5m5.5%
3 Bidvest R1m5.35%
4 Nedbank R500k5.3%
5 Investec R100k5.25%
6 Absa R10m5.05%
7 Fnb R5m4.95%
8 Discovery R1k4.8%
9 Standard bank R1m4.8%
The best 32-day notice account interest rate in South Africa is 5.51% offered by Grobank. You will need a minimum account balance of R500 to get this interest rate. Grobank has the second best 32-day notice deposit interest rate in South Africa at 5.5%. Bidvest is in 3rd place with their 5.35% offer.

PS All these rates were last sourced 1st July 2022. All rates are nominal interest rates.

What are the best 60-day notice account interest rates currently offered in South Africa?

BankMin DepositInterest Rate
1 Grobank R5m5.75%
2 Investec R100k5.3%
3 Absa R10m5.19%
4 Bidvest R5k5.13%
5 Standard bank R1m5.05%
6 Discovery R1k4.9%
The best 60-day notice account interest rate in South Africa is 5.75% offered by Grobank. You will need a minimum account balance of R5m to get this interest rate. Investec has the second best 60-day notice deposit interest rate in South Africa at 5.3%. Absa is in 3rd place with their 5.19% offer.

PS All these rates were last sourced 1st July 2022. All rates are nominal interest rates.
* Discovery offering a 0.50% bonus boost on their 60-day and 90-day Notice Savings Accounts until 31 July 2022.

>Not everyone has a R5m bank account balance to get the highest interest rate. See what the best 60-day interest rate is for the below balances:

What are the best 90-day notice account interest rates currently offered in South Africa?

BankMin DepositInterest Rate
1 African bank R5005.61%
2 Investec R100k5.4%
3 Absa R10m5.35%
4 Bidvest R5k5.24%
5 Discovery R1k5%
The best 90-day notice account interest rate in South Africa is 5.61% offered by African bank. You will need a minimum account balance of R500 to get this interest rate. Investec has the second best 90-day notice deposit interest rate in South Africa at 5.4%. Absa is in 3rd place with their 5.35% offer.

PS All these rates were last sourced 1st July 2022. All rates are nominal interest rates.
* Discovery offering a 0.50% bonus boost on their 60-day and 90-day Notice Savings Accounts until 31 July 2022.