Best 3 year Fixed Deposit Rates for July 2022

These are the best 3 year rates for individuals younger than 55 for a R 1,000,000 deposit.

* these rates were last updated 1st July 2022
#BankNominalEffective
1
SA Retail Bonds 9.25%
.
9.46 %
R 311 494*
2
Standard Bank 8.49%
.
8.83 %
R 288 979*
3
African Bank 8.19%
.
8.5 %
R 277 289*
4
Capitec 7.85%
.
8.14 %
R 264 617*
5
FNB 7.75%
.
8.03 %
R 260 762*
6
Discovery 7.55%
.
7.82 %
R 253 424*
7
Access Bank Plc 7.55%
.
7.82 %
R 253 424*
8
Absa 7.50%
.
7.76 %
R 251 333*
9
Sasfin 5.70%
.
5.85 %
R 185 967*
10
Nedbank 5.40%
.
5.54 %
R 175 578*
(*) Total Earnings are estimated total interest earned for a R 1,000,000 investment. Interest paid out at maturity