R10k
see best interest rates for R10'000
R100k
see best interest rates for R100'000
R1m
see best interest rates for R1'000'000
Custom
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Best 2 year Fixed Deposit Rates for January 2025 | R1,000,000 investment
These are the best 2 year fixed deposit rates for individuals older than 55 looking to invest R1,000,000.
| # | Bank | Min Age | Min Deposit | Nominal | Total interest * |
|---|---|---|---|---|---|
| 1 | 55 | R1m | 9% | R196.4k | |
| 2 | 55 | R500 | 8.88% | R193.6k | |
| 3 | 55 | R1k | 8.75% | R186.8k | |
| 4 | 55 | R1m | 8.4% | R182.2k | |
| 5 | 55 | R1m | 8.3% | R179.8k | |
| 6 | 55 | R1m | 8.3% | R179.8k | |
| 7 | 55 | R1m | 8.25% | R178.7k | |
| 8 | 55 | R100k | 8.14% | R176.1k | |
| 9 | 55 | R1m | 8.1% | R175.3k | |
| 10 | 55 | R10k | 8.05% | R174.0k | |
| 11 | 55 | R1m | 8.03% | R173.5k | |
| 12 | 55 | R1m | 7.95% | R171.8k | |
| 13 | 55 | R1m | 7.9% | R170.5k |
(*) Total interest: estimated total interest earned for a R1,000,000
investment. Interest paid out at maturity