Best 1 year Fixed Deposit Rates for July 2026 | R10,000 investment

These are the best 1 year fixed deposit rates for individuals younger than 55 looking to invest R10,000.

#	Bank	Min Age	Min Deposit	Nominal	Total interest *
1	GoTyme Bank GoTyme Bank Fixed Deposit	18	R1	8.42%	R10.9k
2	GoTyme Bank GoTyme Bank Fixed Deposit	55	R1	8.42%	R10.9k
3	Bidvest Bidvest Fixed Deposit	18	R1	7.72%	R10.8k
4	Discovery Discovery Fixed Deposit Account	18	R10k	7.4%	R10.8k
5	Discovery Discovery Fixed Deposit Account	55	R10k	7.4%	R10.8k
6	African Bank African Bank Fixed Deposit	18	R0	7.26%	R10.8k
7	African Bank African Bank Fixed Deposit	55	R0	7.26%	R10.8k
8	Absa Absa Dynamic Senior Fixed Deposit	55	R1k	7.25%	R10.7k
9	Access Bank Plc Access Bank Fixed Deposit	18	R0	7.25%	R10.7k
10	Access Bank Plc Access Bank Fixed Deposit	55	R0	7.25%	R10.7k
11	Absa Absa Dynamic Fixed Deposit	18	R1k	7.2%	R10.7k
12	Nedbank Nedbank Tax-free Fixed Deposit	18	R1k	7.15%	R10.7k
13	FNB FNB Senior Preferential Fixed Deposit	55	R10k	7.1%	R10.7k
14	African Bank African Bank Tax Free Investment (12 Months)	18	R10k	7.07%	R10.7k
15	African Bank African Bank Tax Free Investment (12 Months)	55	R10k	7.07%	R10.7k
16	Standard Bank Standard Bank Fixed Deposit	55	R10k	6.94%	R10.7k
17	Nedbank Nedbank Platinum Fixed Deposit	18	R1k	6.9%	R10.7k
18	Nedbank Nedbank Electronic OptimumPlus	55	R1k	6.9%	R10.7k
19	Absa Absa Senior Digital Bonus Fixed Deposit	55	R1k	6.85%	R10.7k
20	FNB FNB Senior Fixed Deposit	55	R10k	6.85%	R10.7k
21	Absa Absa Standard Digital Bonus Fixed Deposit	18	R1k	6.8%	R10.7k
22	Nedbank Nedbank Electronic Fixed Deposit	18	R1k	6.8%	R10.7k
23	FNB FNB Fixed Deposit	18	R10k	6.75%	R10.7k
24	Capitec Capitec Fixed-Term Savings	18	R10k	6.65%	R10.7k
25	Standard Bank Standard Bank Fixed Deposit	18	R10k	6.46%	R10.7k

(*) Total interest: estimated total interest earned for a R10,000 investment. Interest paid out at maturity