Best 5 year Fixed Deposit Rates for July 2022

These are the best 5 year rates for individuals younger than 55 for a R 1,000,000 deposit.

* these rates were last updated 1st July 2022
#BankNominalEffective
1
SA Retail Bonds 10.50%
.
10.78 %
R 668 425*
2
African Bank 9.75%
.
10.2 %
R 625 204*
3
Access Bank Plc 9.35%
.
9.76 %
R 593 017*
4
Fedgroup 9.25%
.
9.65 %
R 585 051*
5
Standard Bank 9.19%
.
9.59 %
R 580 719*
6
Investec 9.07%
.
9.46 %
R 571 366*
7
Capitec 9.05%
.
9.43 %
R 569 213*
8
Absa 8.50%
.
8.84 %
R 527 364*
9
FNB 8.50%
.
8.84 %
R 527 364*
10
Discovery 8.25%
.
8.57 %
R 508 513*
11
Nedbank 5.87%
.
6.03 %
R 340 120*
(*) Total Earnings are estimated total interest earned for a R 1,000,000 investment. Interest paid out at maturity