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 3 month Fixed Deposit Rates for February 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 | Min Age | Min Deposit | Nominal | Total interest * |
|---|---|---|---|---|---|
| 1 | 55 | R1m | 8.1% | R20.4k | |
| 2 | 55 | R10k | 8% | R20.1k | |
| 3 | 55 | R500 | 7.96% | R20.0k | |
| 4 | 55 | R250k | 7.8% | R19.6k | |
| 5 | 55 | R1m | 7.8% | R19.6k | |
| 6 | 55 | R1m | 7.7% | R19.4k | |
| 7 | 55 | R1m | 7.65% | R19.2k | |
| 8 | 55 | R1m | 7.6% | R19.1k | |
| 9 | 55 | R1m | 7.43% | R18.7k | |
| 10 | 55 | R10k | 7.4% | R18.6k | |
| 11 | 55 | R1m | 7.3% | R18.4k | |
| 12 | 55 | R1m | 7.3% | R18.4k | |
| 13 | 55 | R1m | 7.2% | R18.1k | |
| 14 | 55 | R1 | 6.96% | R17.5k |
(*) Total interest: estimated total interest earned for a R1,000,000
investment. Interest paid out at maturity