Best 3 month Fixed Deposit Rates for January 2025 | R1,000,000 investment

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

# Bank Nominal Total interest *
1 8.1% R20.4k
2 8% R20.1k
3 7.96% R20.0k
4 7.8% R19.6k
5 7.7% R19.4k
6 7.7% R19.4k
7 7.63% R19.2k
8 7.58% R19.1k
9 7.35% R18.5k
10
FNB
7.35% R18.5k
11 7.33% R18.4k
12 7.3% R18.4k
13 6.96% R17.5k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity