Best 3 month Fixed Deposit Rates for October 2026 | 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	Min Age	Min Deposit	Nominal	Total interest *
1	GoTyme Bank GoTyme Bank Fixed Deposit	18	R1	7.7%	R1.0m
2	GoTyme Bank GoTyme Bank Fixed Deposit	55	R1	7.7%	R1.0m
3	Investec Investec PrimeLinked Fixed Deposit	18	R1m	7.35%	R1.0m
4	Investec Investec PrimeLinked Fixed Deposit	18	R100k	7.3%	R1.0m
5	Bidvest Bidvest Fixed Deposit	18	R1	7.11%	R1.0m
6	Investec Investec Fixed Term Deposit	18	R1m	7.03%	R1.0m
7	Standard Bank Standard Bank Fixed Deposit	18	R1m	6.91%	R1.0m
8	Standard Bank Standard Bank Fixed Deposit	55	R1m	6.91%	R1.0m
9	Discovery Discovery Fixed Deposit Account	18	R10k	6.85%	R1.0m
10	Discovery Discovery Fixed Deposit Account	55	R10k	6.85%	R1.0m
11	FNB FNB Senior Fixed Deposit	55	R1m	6.8%	R1.0m
12	FNB FNB Senior Preferential Fixed Deposit	55	R1m	6.8%	R1.0m
13	Nedbank Nedbank Platinum Fixed Deposit	18	R250k	6.8%	R1.0m
14	Nedbank Nedbank Electronic OptimumPlus	55	R1m	6.8%	R1.0m
15	African Bank African Bank Fixed Deposit	18	R1m	6.79%	R1.0m
16	African Bank African Bank Fixed Deposit	55	R1m	6.79%	R1.0m
17	Investec Investec Fixed Term Deposit	18	R250k	6.78%	R1.0m
18	FNB FNB Fixed Deposit	18	R1m	6.7%	R1.0m
19	Nedbank Nedbank Electronic Fixed Deposit	18	R1m	6.7%	R1.0m
20	Absa Absa Dynamic Senior Fixed Deposit	55	R1m	6.5%	R1.0m
21	Absa Absa Dynamic Fixed Deposit	18	R1m	6.35%	R1.0m
22	Absa Absa Senior Digital Bonus Fixed Deposit	55	R1m	6.25%	R1.0m
23	Absa Absa Standard Digital Bonus Fixed Deposit	18	R1m	6.1%	R1.0m
24	Access Bank Plc Access Bank Fixed Deposit	18	R1m	5.3%	R1.0m
25	Access Bank Plc Access Bank Fixed Deposit	55	R1m	5.3%	R1.0m

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