Best 2 year Fixed Deposit Rates for October 2026 | R100,000 investment

These are the best 2 year fixed deposit rates for individuals older than 55 looking to invest R100,000.

#	Bank	Min Age	Min Deposit	Nominal	Total interest *
1	GoTyme Bank GoTyme Bank Fixed Deposit	18	R1	8.52%	R118.5k
2	GoTyme Bank GoTyme Bank Fixed Deposit	55	R1	8.52%	R118.5k
3	Investec Investec Fixed Deposit Special	55	R100k	8.16%	R117.7k
4	SA Retail Bonds SA Retail Bonds Fixed Rates	18	R1k	8.25%	R117.5k
5	SA Retail Bonds SA Retail Bonds Fixed Rates	55	R1k	8.25%	R117.5k
6	Investec Investec Fixed Deposit Special	18	R100k	8.01%	R117.3k
7	Standard Bank Standard Bank Fixed Deposit	18	R100k	7.84%	R116.9k
8	Standard Bank Standard Bank Fixed Deposit	55	R100k	7.84%	R116.9k
9	Discovery Discovery Fixed Deposit Account	18	R10k	7.75%	R116.7k
10	Discovery Discovery Fixed Deposit Account	55	R10k	7.75%	R116.7k
11	Nedbank Nedbank Platinum Fixed Deposit	18	R100k	7.6%	R116.4k
12	Absa Absa Dynamic Senior Fixed Deposit	55	R100k	7.55%	R116.2k
13	Absa Absa Dynamic Fixed Deposit	18	R100k	7.5%	R116.1k
14	Capitec Capitec Fixed-Term Savings	18	R50k	7.5%	R116.1k
15	Nedbank Nedbank Electronic OptimumPlus	55	R25k	7.5%	R116.1k
16	FNB FNB Senior Preferential Fixed Deposit	55	R10k	7.4%	R115.9k
17	Nedbank Nedbank Electronic Fixed Deposit	18	R25k	7.3%	R115.7k
18	FNB FNB Senior Fixed Deposit	55	R10k	7.2%	R115.4k
19	FNB FNB Fixed Deposit	18	R10k	7.15%	R115.3k
20	African Bank African Bank Fixed Deposit	18	R50k	7.12%	R115.3k
21	African Bank African Bank Fixed Deposit	55	R50k	7.12%	R115.3k
22	Absa Absa Senior Digital Bonus Fixed Deposit	55	R100k	6.35%	R113.5k
23	Absa Absa Standard Digital Bonus Fixed Deposit	18	R100k	6.3%	R113.4k
24	Access Bank Plc Access Bank Fixed Deposit	18	R25k	5.5%	R111.6k
25	Access Bank Plc Access Bank Fixed Deposit	55	R25k	5.5%	R111.6k

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