Best 1 year Fixed Deposit Rates for May 2026 | R100,000 investment

These are the best 1 year fixed deposit rates for individuals younger than 55 looking to invest R100,000.

#	Bank	Min Age	Min Deposit	Nominal	Total interest *
1	TymeBank TymeBank Fixed Deposit	18	R1	8.25%	R108.6k
2	TymeBank TymeBank Fixed Deposit	55	R1	8.25%	R108.6k
3	Bidvest Bidvest Fixed Deposit	18	R1	7.81%	R108.1k
4	Investec Investec PrimeLinked Fixed Deposit	18	R100k	7.78%	R108.1k
5	Investec Investec PrimeLinked Fixed Deposit	18	R100k	7.78%	R108.1k
6	Investec Investec Fixed Deposit Special	55	R100k	7.6%	R107.9k
7	Investec Investec Tax Free Fixed Deposit	18	R100k	7.52%	R107.8k
8	Investec Investec Fixed Deposit Special	18	R100k	7.5%	R107.8k
9	Absa Absa Dynamic Senior Fixed Deposit	55	R100k	7.35%	R107.6k
10	Standard Bank Standard Bank Fixed Deposit	18	R100k	7.35%	R107.6k
11	Standard Bank Standard Bank Fixed Deposit	55	R100k	7.35%	R107.6k
12	Investec Investec Fixed Term Deposit	18	R100k	7.32%	R107.6k
13	Absa Absa Dynamic Fixed Deposit	18	R100k	7.3%	R107.5k
14	Access Bank Plc Access Bank Fixed Deposit	18	R25k	7.25%	R107.5k
15	Access Bank Plc Access Bank Fixed Deposit	55	R25k	7.25%	R107.5k
16	Investec Investec Fixed Term Deposit	18	R100k	7.24%	R107.5k
17	African Bank African Bank Tax Free Investment (12 Months)	18	R75k	7.17%	R107.4k
18	African Bank African Bank Tax Free Investment (12 Months)	55	R75k	7.17%	R107.4k
19	African Bank African Bank Fixed Deposit	18	R50k	7.12%	R107.4k
20	African Bank African Bank Fixed Deposit	55	R50k	7.12%	R107.4k
21	Nedbank Nedbank Platinum Fixed Deposit	18	R100k	7.1%	R107.3k
22	Discovery Discovery Fixed Deposit Account	18	R10k	7.05%	R107.3k
23	Discovery Discovery Fixed Deposit Account	55	R10k	7.05%	R107.3k
24	Absa Absa Tax Free Fixed Deposit	18	R30k	7.01%	R107.2k
25	Absa Absa Senior Digital Bonus Fixed Deposit	55	R100k	6.95%	R107.2k
26	Capitec Capitec Fixed-Term Savings	18	R50k	6.95%	R107.2k
27	Absa Absa Standard Digital Bonus Fixed Deposit	18	R100k	6.9%	R107.1k
28	Nedbank Nedbank Electronic OptimumPlus	55	R25k	6.9%	R107.1k
29	FNB FNB Senior Preferential Fixed Deposit	55	R10k	6.8%	R107.0k
30	Nedbank Nedbank Electronic Fixed Deposit	18	R25k	6.75%	R107.0k
31	FNB FNB Senior Fixed Deposit	55	R10k	6.6%	R106.8k
32	FNB FNB Fixed Deposit	18	R10k	6.5%	R106.7k

(*) Total interest: estimated total interest earned for a R100,000 investment. Interest paid out at maturity