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Best 5 year Fixed Deposit Rates for December 2024 | R10,000 investment
These are the best 5 year fixed deposit rates for individuals older than 55 looking to invest R10,000.
| # | Bank | Min Age | Min Deposit | Nominal | Total interest * |
|---|---|---|---|---|---|
| 1 | 55 | R500 | 9.94% | R6.4k | |
| 2 | 55 | R500 | 9.67% | R6.2k | |
| 3 | 55 | R1k | 9.75% | R6.1k | |
| 4 | 55 | R5k | 9.3% | R5.9k | |
| 5 | 55 | R1k | 8.95% | R5.6k | |
| 6 | 55 | R1k | 8.7% | R5.4k | |
| 7 | 55 | R10k | 8.6% | R5.4k | |
| 8 | 55 | R10k | 8.6% | R5.4k | |
| 9 | 55 | R1k | 8.45% | R5.2k | |
| 10 | 55 | R10k | 8.4% | R5.2k | |
| 11 | 55 | R10k | 8.4% | R5.2k | |
| 12 | 55 | R10k | 8.38% | R5.2k | |
| 13 | 55 | R10k | 8.3% | R5.1k |
(*) Total interest: estimated total interest earned for a R10,000
investment. Interest paid out at maturity