Best 3 year Fixed Deposit Rates for May 2025 | R1,000,000 investment

These are the best 3 year fixed deposit rates for individuals younger than 55 looking to invest R1,000,000.

# Bank Nominal Total interest *
1 9% R302.2k
2 8.75% R299.0k
3 8.52% R290.0k
4 8.3% R281.5k
5 8.15% R275.9k
6 8.14% R275.5k
7 8.1% R274.1k
8 7.87% R265.3k
9 7.75% R260.8k
10 7.75% R260.8k
11
FNB
7.7% R259.0k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity