Best 3 month Fixed Deposit Rates for May 2022

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

* these rates were last updated 3rd May 2022
#BankNominalEffective
1
African Bank 4.65%
.
4.75 %
R 117*
2
Bidvest 4.31%
.
4.4 %
R 108*
3
Access Bank Plc 4.24%
.
4.32 %
R 106*
4
Discovery 4.10%
.
4.18 %
R 103*
5
Absa 4.00%
.
4.07 %
R 100*
6
FNB 4.00%
.
4.07 %
R 100*
7
Standard Bank 3.47%
.
3.53 %
R 87*
8
Nedbank 2.99%
.
3.03 %
R 75*
(*) Total Earnings are estimated total interest earned for a R 10,000 investment. Interest paid out at maturity