Best 1 year Fixed Deposit Rates for March 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	8.75%	R109.1k
2	TymeBank TymeBank Fixed Deposit	55	R1	8.75%	R109.1k
3	Investec Investec PrimeLinked Fixed Deposit	18	R100k	7.78%	R108.1k
4	Investec Investec PrimeLinked Fixed Deposit	18	R100k	7.78%	R108.1k
5	African Bank African Bank Fixed Deposit	18	R50k	7.4%	R107.7k
6	African Bank African Bank Fixed Deposit	55	R50k	7.4%	R107.7k
7	Nedbank Nedbank Platinum Fixed Deposit	18	R100k	7.4%	R107.7k
8	Bidvest Bidvest Fixed Deposit	18	R1	7.39%	R107.6k
9	Investec Investec Fixed Deposit Special	55	R100k	7.35%	R107.6k
10	Access Bank Plc Access Bank Fixed Deposit	18	R25k	7.25%	R107.5k
11	Access Bank Plc Access Bank Fixed Deposit	55	R25k	7.25%	R107.5k
12	Investec Investec Fixed Deposit Special	18	R100k	7.25%	R107.5k
13	Nedbank Nedbank Electronic OptimumPlus	55	R25k	7.2%	R107.4k
14	African Bank African Bank Tax Free Investment (12 Months)	18	R75k	7.17%	R107.4k
15	African Bank African Bank Tax Free Investment (12 Months)	55	R75k	7.17%	R107.4k
16	Nedbank Nedbank Electronic Fixed Deposit	18	R25k	7.1%	R107.3k
17	Absa Absa Tax Free Fixed Deposit	18	R30k	7.01%	R107.2k
18	Discovery Discovery Fixed Deposit Account	18	R10k	7%	R107.2k
19	Discovery Discovery Fixed Deposit Account	55	R10k	7%	R107.2k
20	Capitec Capitec Fixed-Term Savings	18	R50k	6.95%	R107.2k
21	Absa Absa Dynamic Senior Fixed Deposit	55	R100k	6.9%	R107.1k
22	Absa Absa Dynamic Fixed Deposit	18	R100k	6.85%	R107.1k
23	Absa Absa Senior Digital Bonus Fixed Deposit	55	R100k	6.8%	R107.0k
24	FNB FNB Senior Preferential Fixed Deposit	55	R10k	6.8%	R107.0k
25	Absa Absa Standard Digital Bonus Fixed Deposit	18	R100k	6.75%	R107.0k
26	Investec Investec Tax Free Fixed Deposit	18	R100k	6.75%	R107.0k
27	FNB FNB Senior Fixed Deposit	55	R10k	6.6%	R106.8k
28	Investec Investec Fixed Term Deposit	18	R100k	6.55%	R106.8k
29	FNB FNB Fixed Deposit	18	R10k	6.5%	R106.7k
30	Investec Investec Fixed Term Deposit	18	R100k	6.47%	R106.7k
31	Standard Bank Standard Bank Fixed Deposit	18	R100k	6.29%	R106.5k

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