Best 5 year Fixed Deposit Rates for July 2022

These are the best 5 year rates for individuals younger than 55 for a R 250,000 deposit.

* these rates were last updated 1st July 2022
#BankNominalEffective
1
SA Retail Bonds 10.50%
.
10.78 %
R 167 106*
2
African Bank 9.75%
.
10.2 %
R 156 301*
3
Access Bank Plc 9.35%
.
9.76 %
R 148 254*
4
Fedgroup 9.25%
.
9.65 %
R 146 263*
5
Standard Bank 9.19%
.
9.59 %
R 145 180*
6
Investec 9.07%
.
9.46 %
R 142 841*
7
Capitec 9.05%
.
9.43 %
R 142 303*
8
Absa 8.50%
.
8.84 %
R 131 841*
9
FNB 8.40%
.
8.73 %
R 129 915*
10
Discovery 8.25%
.
8.57 %
R 127 128*
11
Nedbank 6.75%
.
6.96 %
R 99 983*
(*) Total Earnings are estimated total interest earned for a R 250,000 investment. Interest paid out at maturity