Here are the best notice account interest rates in South Africa | August 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 2nd August 2022. All are nominal interest rates
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What are the best 7-day notice account interest rates currently offered in South Africa?

BankMin DepositInterest Rate
1 Absa R10m5.65%
2 Fnb R1m5.4%
3 African bank R5005.37%
4 Standard bank R1m4.25%
The best 7-day notice account interest rate in South Africa is 5.65% offered by Absa. You will need a minimum account balance of R10m to get this interest rate. Fnb has the second best 7-day notice deposit interest rate in South Africa at 5.4%.
PS All these rates were last sourced 2nd August 2022. All rates are nominal interest rates.

Not everyone has a R10m bank account balance to get the highest interest rate. See what the best 7-day interest rate is for the below balances:

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

BankMin DepositInterest Rate
1 Grobank R5m6.25%
2 Bidvest R1m6.1%
3 Nedbank R500k6.05%
4 Sasfin R20k6%
5 Investec R100k6%
6 Absa R10m5.8%
7 Discovery R1k5.7%
8 Fnb R5m5.7%
9 African bank R5005.61%
10 Standard bank R1m5.55%
The best 32-day notice account interest rate in South Africa is 6.25% offered by Grobank. You will need a minimum account balance of R5m to get this interest rate. Bidvest has the second best 32-day notice deposit interest rate in South Africa at 6.1%. Nedbank is in 3rd place with their 6.05% offer.

PS All these rates were last sourced 2nd August 2022. All rates are nominal interest rates.

Not everyone has a R5m bank account balance to get the highest interest rate. See what the best 32-day interest rate is for the below balances:

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

BankMin DepositInterest Rate
1 Grobank R5m6.5%
2 Sasfin R20k6.15%
3 Investec R100k6.05%
4 Absa R10m5.94%
5 Standard bank R1m5.8%
6 Discovery R1k5.75%
7 Bidvest R5k5.73%
The best 60-day notice account interest rate in South Africa is 6.5% offered by Grobank. You will need a minimum account balance of R5m to get this interest rate. Sasfin has the second best 60-day notice deposit interest rate in South Africa at 6.15%. Investec is in 3rd place with their 6.05% offer.

PS All these rates were last sourced 2nd August 2022. All rates are nominal interest rates.

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 Sasfin R20k6.2%
2 Investec R100k6.15%
3 Absa R10m6.1%
4 Bidvest R5k5.99%
5 African bank R5005.85%
6 Discovery R1k5.8%
The best 90-day notice account interest rate in South Africa is 6.2% offered by Sasfin. You will need a minimum account balance of R20k to get this interest rate. Investec has the second best 90-day notice deposit interest rate in South Africa at 6.15%. Absa is in 3rd place with their 6.1% offer.

PS All these rates were last sourced 2nd August 2022. All rates are nominal interest rates.