Best 6 month Fixed Deposit Rates for July 2022

These are the best 6 month rates for individuals younger than 55 for a R 250,000 deposit.

* these rates were last updated 1st July 2022
#BankNominalEffective
1
Investec 6.15%
.
6.33 %
R 7 791*
2
Standard Bank 5.98%
.
6.15 %
R 7 573*
3
Bidvest 5.86%
.
6.02 %
R 7 415*
4
African Bank 5.85%
.
6.01 %
R 7 403*
5
Capitec 5.50%
.
5.64 %
R 6 953*
6
Discovery 5.50%
.
5.64 %
R 6 953*
7
Absa 5.45%
.
5.59 %
R 6 892*
8
FNB 5.40%
.
5.54 %
R 6 832*
9
Access Bank Plc 5.37%
.
5.5 %
R 6 783*
10
Sasfin 4.51%
.
4.6 %
R 5 685*
11
Nedbank 4.09%
.
4.17 %
R 5 159*
(*) Total Earnings are estimated total interest earned for a R 250,000 investment. Interest paid out at maturity