R10k
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R100k
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R1m
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Best 5 year Fixed Deposit Rates for April 2026 | R1,000,000 investment
These are the best 5 year fixed deposit rates for individuals younger than 55 looking to invest R1,000,000.
| # | Bank | Min Age | Min Deposit | Nominal | Total interest * |
|---|---|---|---|---|---|
| 1 | SA Retail Bonds Fixed Rates | 18 | R1 | 9.25% | R1.6m |
| 2 | Fedgroup Secured Investment (5 Years) | 18 | R1 | 8.65% | R1.5m |
| 3 | Investec Fixed Deposit Special | 18 | R100k | 8.43% | R1.5m |
| 4 | African Bank Fixed Deposit | 18 | R1m | 8.28% | R1.5m |
| 5 | Absa Dynamic Fixed Deposit | 18 | R1m | 8.05% | R1.5m |
| 6 | Discovery Fixed Deposit Account | 18 | R10k | 8.05% | R1.5m |
| 7 | Standard Bank Fixed Deposit | 18 | R1m | 8.05% | R1.5m |
| 8 | Nedbank Platinum Fixed Deposit | 18 | R250k | 7.8% | R1.5m |
| 9 | Access Bank Fixed Deposit | 18 | R1m | 7.75% | R1.5m |
| 10 | Capitec Fixed-Term Savings | 18 | R1m | 7.6% | R1.5m |
| 11 | Nedbank Electronic Fixed Deposit | 18 | R1m | 7.6% | R1.5m |
| 12 | Absa Standard Digital Bonus Fixed Deposit | 18 | R1m | 7.25% | R1.4m |
| 13 | FNB Fixed Deposit | 18 | R1m | 7.2% | R1.4m |
| 14 | SA Retail Bonds Inflation Linked | 18 | R1 | 4.75% | R1.3m |
(*) Total interest: estimated total interest earned for a R1,000,000
investment. Interest paid out at maturity