Best 6 month Fixed Deposit Rates for May 2022

These are the best 6 month rates for individuals younger than 55 for a R 10,000 deposit.

* these rates were last updated 3rd May 2022
#BankNominalEffective
1
Absa 5.40%
.
5.54 %
R 273*
2
African Bank 5.37%
.
5.5 %
R 271*
3
Bidvest 5.27%
.
5.4 %
R 266*
4
Discovery 5.00%
.
5.12 %
R 253*
5
FNB 4.75%
.
4.85 %
R 240*
6
Access Bank Plc 4.62%
.
4.72 %
R 233*
7
Capitec 4.50%
.
4.59 %
R 227*
8
Standard Bank 4.40%
.
4.49 %
R 222*
9
Nedbank 3.49%
.
3.55 %
R 176*
(*) Total Earnings are estimated total interest earned for a R 10,000 investment. Interest paid out at maturity