Best 3 month Fixed Deposit Rates for August 2025 | R1,000,000 investment

These are the best 3 month fixed deposit rates for individuals older than 55 looking to invest R1,000,000.

# Bank Nominal Total interest *
1 7.73% R19.5k
2 7.6% R19.1k
3 7.6% R19.1k
4 7.6% R19.1k
5 7.6% R19.1k
6 7.5% R18.9k
7 7.45% R18.7k
8 7.45% R18.7k
9 7.13% R17.9k
10 7.05% R17.7k
11 6.96% R17.5k
12
FNB
6.95% R17.5k
13
FNB
6.95% R17.5k
14
FNB
6.8% R17.1k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity