Best 5 year Fixed Deposit Rates for October 2026 | R100,000 investment

These are the best 5 year fixed deposit rates for individuals older than 55 looking to invest R100,000.

#	Bank	Min Age	Min Deposit	Nominal	Total interest *
1	SA Retail Bonds SA Retail Bonds Fixed Rates	18	R1k	9%	R155.3k
2	SA Retail Bonds SA Retail Bonds Fixed Rates	55	R1k	9%	R155.3k
3	Fedgroup Fedgroup Secured Investment (5 Years)	18	R5k	8.65%	R153.9k
4	Fedgroup Fedgroup Secured Investment (5 Years)	55	R5k	8.65%	R153.9k
5	Investec Investec Fixed Deposit Special	55	R100k	8.62%	R153.6k
6	Investec Investec Fixed Deposit Special	18	R100k	8.47%	R152.5k
7	African Bank African Bank Fixed Deposit	18	R50k	8.43%	R152.2k
8	African Bank African Bank Fixed Deposit	55	R50k	8.43%	R152.2k
9	Discovery Discovery Fixed Deposit Account	18	R10k	8.25%	R150.8k
10	Discovery Discovery Fixed Deposit Account	55	R10k	8.25%	R150.8k
11	Standard Bank Standard Bank Fixed Deposit	18	R100k	8.24%	R150.8k
12	Standard Bank Standard Bank Fixed Deposit	55	R100k	8.24%	R150.8k
13	Nedbank Nedbank Platinum Fixed Deposit	18	R100k	8.15%	R150.1k
14	Nedbank Nedbank Electronic OptimumPlus	55	R25k	8.1%	R149.7k
15	Absa Absa Dynamic Senior Fixed Deposit	55	R100k	8%	R149.0k
16	Capitec Capitec Fixed-Term Savings	18	R50k	8%	R149.0k
17	FNB FNB Senior Preferential Fixed Deposit	55	R10k	7.95%	R148.6k
18	Absa Absa Dynamic Fixed Deposit	18	R100k	7.9%	R148.2k
19	Nedbank Nedbank Electronic Fixed Deposit	18	R25k	7.9%	R148.2k
20	FNB FNB Senior Fixed Deposit	55	R10k	7.8%	R147.5k
21	FNB FNB Fixed Deposit	18	R10k	7.75%	R147.1k
22	Absa Absa Senior Digital Bonus Fixed Deposit	55	R100k	7.35%	R144.3k
23	Absa Absa Standard Digital Bonus Fixed Deposit	18	R100k	7.25%	R143.5k
24	Access Bank Plc Access Bank Fixed Deposit	18	R25k	5.5%	R131.6k
25	Access Bank Plc Access Bank Fixed Deposit	55	R25k	5.5%	R131.6k
26	SA Retail Bonds SA Retail Bonds Inflation Linked	18	R1k	4.5%	R124.9k
27	SA Retail Bonds SA Retail Bonds Inflation Linked	55	R1k	4.5%	R124.9k

(*) Total interest: estimated total interest earned for a R100,000 investment. Interest paid out at maturity