Best 2 year Fixed Deposit Rates for May 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 8.65% R188.1k
2 8.75% R186.8k
3 8.43% R182.9k
4 8.25% R178.7k
5 8.1% R175.3k
6 8.09% R175.1k
7 7.9% R170.5k
8 7.75% R167.0k
9 7.61% R163.8k
10
FNB
7.6% R163.6k
11 7.55% R162.5k
12 7.55% R162.5k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity