Best 2 year Fixed Deposit Rates for February 2025 | 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 Nominal Total interest *
1 9% R196.4k
2 8.88% R193.6k
3 8.75% R186.8k
4 8.4% R182.2k
5 8.25% R178.7k
6 8.1% R175.3k
7 8.05% R174.0k
8 8.03% R173.5k
9 7.96% R172.0k
10 7.9% R170.5k
11 7.85% R169.4k
12
FNB
7.85% R169.4k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity