Best 5 year Fixed Deposit Rates for May 2022

These are the best 5 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 10.00%
.
10.25 %
R 6 289*
2
Access Bank Plc 8.85%
.
9.22 %
R 5 542*
3
African Bank 8.80%
.
9.16 %
R 5 499*
4
Fedgroup 8.60%
.
8.95 %
R 5 351*
5
FNB 8.05%
.
8.35 %
R 4 933*
6
Capitec 8.00%
.
8.3 %
R 4 898*
7
Absa 7.90%
.
8.19 %
R 4 823*
8
Discovery 7.50%
.
7.76 %
R 4 531*
9
Standard Bank 7.33%
.
7.58 %
R 4 410*
10
Nedbank 6.19%
.
6.37 %
R 3 617*
(*) Total Earnings are estimated total interest earned for a R 10,000 investment. Interest paid out at maturity