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
see best interest rates for your custom amount

Best 5 year Fixed Deposit Rates for October 2026 | R1,000,000 investment

These are the best 5 year fixed deposit rates for individuals older than 55 looking to invest R1,000,000.

# Bank Nominal Total interest *
1
SA Retail Bonds
SA Retail Bonds Fixed Rates 		9% R1.6m
2
SA Retail Bonds
SA Retail Bonds Fixed Rates 		9% R1.6m
3
Fedgroup
Fedgroup Secured Investment (5 Years) 		8.65% R1.5m
4
Fedgroup
Fedgroup Secured Investment (5 Years) 		8.65% R1.5m
5
Investec
Investec Fixed Deposit Special 		8.62% R1.5m
6
African Bank
African Bank Fixed Deposit 		8.47% R1.5m
7
African Bank
African Bank Fixed Deposit 		8.47% R1.5m
8
Investec
Investec Fixed Deposit Special 		8.47% R1.5m
9
Capitec
Capitec Fixed-Term Savings 		8.4% R1.5m
10
FNB
FNB Senior Preferential Fixed Deposit 		8.3% R1.5m
11
Nedbank
Nedbank Platinum Fixed Deposit 		8.3% R1.5m
12
Nedbank
Nedbank Electronic OptimumPlus 		8.3% R1.5m
13
Discovery
Discovery Fixed Deposit Account 		8.25% R1.5m
14
Discovery
Discovery Fixed Deposit Account 		8.25% R1.5m
15
Nedbank
Nedbank Electronic Fixed Deposit 		8.25% R1.5m
16
Standard Bank
Standard Bank Fixed Deposit 		8.24% R1.5m
17
Standard Bank
Standard Bank Fixed Deposit 		8.24% R1.5m
18
Absa
Absa Dynamic Senior Fixed Deposit 		8.15% R1.5m
19
FNB
FNB Senior Fixed Deposit 		8.1% R1.5m
20
Absa
Absa Dynamic Fixed Deposit 		8.05% R1.5m
21
FNB
FNB Fixed Deposit 		8.05% R1.5m
22
Absa
Absa Senior Digital Bonus Fixed Deposit 		7.35% R1.4m
23
Absa
Absa Standard Digital Bonus Fixed Deposit 		7.25% R1.4m
24
Access Bank Plc
Access Bank Fixed Deposit 		5.5% R1.3m
25
Access Bank Plc
Access Bank Fixed Deposit 		5.5% R1.3m
26
SA Retail Bonds
SA Retail Bonds Inflation Linked 		4.5% R1.2m
27
SA Retail Bonds
SA Retail Bonds Inflation Linked 		4.5% R1.2m
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity