Best 2 year Fixed Deposit Rates for August 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 Nominal Total interest *
1 8.65% R188.1k
2 8.55% R185.7k
3 8.25% R175.5k
4 7.95% R171.8k
5 7.95% R171.8k
6 7.9% R170.5k
7 7.72% R166.4k
8 7.6% R163.6k
9 7.6% R163.6k
10
FNB
7.55% R162.5k
11
FNB
7.55% R162.5k
12 7.55% R162.5k
13 7.5% R161.2k
14 7.5% R161.2k
15
FNB
7.45% R160.1k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity