Best 1 year Fixed Deposit Rates for August 2025 | R1,000,000 investment

These are the best 1 year fixed deposit rates for individuals older than 55 looking to invest R1,000,000.

# Bank Nominal Total interest *
1 8.65% R90.0k
2 8.38% R87.1k
3 8.35% R86.8k
4 8.09% R84.0k
5 8.05% R83.5k
6 8.05% R83.5k
7 8% R83.0k
8 7.95% R82.5k
9
FNB
7.65% R79.2k
10
FNB
7.65% R79.2k
11 7.63% R79.0k
12 7.6% R78.7k
13 7.6% R78.7k
14
FNB
7.5% R77.6k
15 7.5% R77.6k
16 7.3% R75.5k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity