Best 2 year Fixed Deposit Rates for September 2026 | R1,000,000 investment

These are the best 2 year fixed deposit rates for individuals younger than 55 looking to invest R1,000,000.

#	Bank	Min Age	Min Deposit	Nominal	Total interest *
1	GoTyme Bank GoTyme Bank Fixed Deposit	18	R1	8.52%	R1.2m
2	GoTyme Bank GoTyme Bank Fixed Deposit	55	R1	8.52%	R1.2m
3	SA Retail Bonds SA Retail Bonds Fixed Rates	18	R1	8%	R1.2m
4	SA Retail Bonds SA Retail Bonds Fixed Rates	55	R1	8%	R1.2m
5	Investec Investec Fixed Deposit Special	55	R100k	7.82%	R1.2m
6	FNB FNB Senior Preferential Fixed Deposit	55	R1m	7.75%	R1.2m
7	Nedbank Nedbank Platinum Fixed Deposit	18	R250k	7.7%	R1.2m
8	Nedbank Nedbank Electronic OptimumPlus	55	R1m	7.7%	R1.2m
9	Investec Investec Fixed Deposit Special	18	R100k	7.67%	R1.2m
10	Absa Absa Dynamic Senior Fixed Deposit	55	R1m	7.65%	R1.2m
11	Absa Absa Dynamic Fixed Deposit	18	R1m	7.6%	R1.2m
12	Access Bank Plc Access Bank Fixed Deposit	18	R1m	7.5%	R1.2m
13	Access Bank Plc Access Bank Fixed Deposit	55	R1m	7.5%	R1.2m
14	Discovery Discovery Fixed Deposit Account	18	R10k	7.5%	R1.2m
15	Discovery Discovery Fixed Deposit Account	55	R10k	7.5%	R1.2m
16	FNB FNB Senior Fixed Deposit	55	R1m	7.5%	R1.2m
17	Standard Bank Standard Bank Fixed Deposit	18	R1m	7.47%	R1.2m
18	Standard Bank Standard Bank Fixed Deposit	55	R1m	7.47%	R1.2m
19	Capitec Capitec Fixed-Term Savings	18	R1m	7.45%	R1.2m
20	FNB FNB Fixed Deposit	18	R1m	7.45%	R1.2m
21	Nedbank Nedbank Electronic Fixed Deposit	18	R1m	7.45%	R1.2m
22	African Bank African Bank Fixed Deposit	18	R1m	7.4%	R1.2m
23	African Bank African Bank Fixed Deposit	55	R1m	7.4%	R1.2m
24	Absa Absa Senior Digital Bonus Fixed Deposit	55	R1m	6.4%	R1.1m
25	Absa Absa Standard Digital Bonus Fixed Deposit	18	R1m	6.35%	R1.1m

(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity