Best 3 year Fixed Deposit Rates for May 2022

These are the best 3 year rates for individuals younger than 55 for a R 10,000 deposit.

* these rates were last updated 3rd May 2022
#BankNominalEffective
1
SA Retail Bonds 8.50%
.
8.68 %
R 2 837*
2
African Bank 7.73%
.
8.01 %
R 2 601*
3
Access Bank Plc 7.05%
.
7.28 %
R 2 347*
4
Discovery 7.00%
.
7.23 %
R 2 330*
5
FNB 6.85%
.
7.07 %
R 2 274*
6
Standard Bank 6.84%
.
7.06 %
R 2 271*
7
Capitec 6.75%
.
6.96 %
R 2 237*
8
Absa 6.65%
.
6.86 %
R 2 202*
9
Nedbank 5.15%
.
5.27 %
R 1 666*
(*) Total Earnings are estimated total interest earned for a R 10,000 investment. Interest paid out at maturity