R10k
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R100k
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R1m
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Custom
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Best 2 year Fixed Deposit Rates for March 2026 | R1,000,000 investment
These are the best 2 year fixed deposit rates for individuals younger than 55 looking to invest R1,000,000.
| # | Bank | Min Age | Min Deposit | Nominal | Total interest * |
|---|---|---|---|---|---|
| 1 | African Bank Fixed Deposit | 18 | R1m | 7.73% | R1.2m |
| 2 | Access Bank Fixed Deposit | 18 | R1m | 7.5% | R1.2m |
| 3 | Nedbank Platinum Fixed Deposit | 18 | R250k | 7.4% | R1.2m |
| 4 | Capitec Fixed-Term Savings | 18 | R1m | 7.15% | R1.2m |
| 5 | Nedbank Electronic Fixed Deposit | 18 | R1m | 7.1% | R1.2m |
| 6 | SA Retail Bonds Fixed Rates | 18 | R1 | 7% | R1.1m |
| 7 | Discovery Fixed Deposit Account | 18 | R10k | 6.9% | R1.1m |
| 8 | Investec Fixed Deposit Special | 18 | R100k | 6.72% | R1.1m |
| 9 | FNB Fixed Deposit | 18 | R1m | 6.7% | R1.1m |
| 10 | Standard Bank Fixed Deposit | 18 | R1m | 6.6% | R1.1m |
| 11 | Absa Dynamic Fixed Deposit | 18 | R1m | 6.55% | R1.1m |
| 12 | Absa Standard Digital Bonus Fixed Deposit | 18 | R1m | 6.35% | R1.1m |
(*) Total interest: estimated total interest earned for a R1,000,000
investment. Interest paid out at maturity