Best 1 year Fixed Deposit Rates for November 2024 | R1,000,000 investment

These are the best 1 year fixed deposit rates for individuals younger than 55 looking to invest R1,000,000.

# Bank Nominal Total interest *
1 9.06% R94.5k
2 8.98% R93.6k
3 8.95% R93.3k
4 8.88% R92.5k
5 8.8% R91.6k
6 8.7% R90.6k
7 8.65% R90.0k
8 8.65% R90.0k
9 8.6% R89.5k
10 8.35% R86.8k
11 8.3% R86.2k
12 8.25% R85.7k
13
FNB
8.25% R85.7k
14 7.98% R82.8k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity