R10k
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R100k
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R1m
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Custom
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Best 1 year Fixed Deposit Rates for December 2024 | R10,000 investment
These are the best 1 year fixed deposit rates for individuals older than 55 looking to invest R10,000.
| # | Bank | Min Age | Min Deposit | Nominal | Total interest * |
|---|---|---|---|---|---|
| 1 | 55 | R500 | 8.98% | R936.0 | |
| 2 | 55 | R500 | 8.88% | R925.0 | |
| 3 | 55 | R1 | 8.65% | R900.0 | |
| 4 | 55 | R10k | 8.65% | R900.0 | |
| 5 | 55 | R1k | 8.3% | R862.0 | |
| 6 | 55 | R10k | 8.3% | R862.0 | |
| 7 | 55 | R1k | 8.2% | R852.0 | |
| 8 | 55 | R1k | 8.05% | R835.0 | |
| 9 | 55 | R10k | 8.05% | R835.0 | |
| 10 | 55 | R10k | 8.05% | R835.0 | |
| 11 | 55 | R10k | 8% | R830.0 | |
| 12 | 55 | R10k | 7.8% | R808.0 | |
| 13 | 55 | R10k | 7.64% | R791.0 |
(*) Total interest: estimated total interest earned for a R10,000
investment. Interest paid out at maturity