Welcome to the +215 new subscribers who joined during jul.
Glad to have you part of my newsletter :)
Best Fixed Deposit Rates for jul 2025
Standard Bank interest rates increased by an average 0.08% over the last month. Making it the bank with the largest change in interest rates over the last month. SA Retail Bonds, Investec also saw the biggest change in their fixed deposit interest rates.
New addition since last month. Notice Deposit Rates
After some requests from readers like you, I have added notice account rates to ratecompare.co.za and to this newsletter. In addition to sourcing fixed deposit rates, I now also source notice deposit account rates from all banks.
Here are the best 7-day and 32-day interest rates in South Africa:
Best 7-day interest rates
Best 32-day interest rates
You are free to share this on social media, friends and family. In fact by doing so, you will help me out greatly since I earn some pocket money from ads.
Have a great weekend.
Walter
Best Fixed Deposit Rates for jul 2025
| Bank | Term | Min Deposit | Effective Annual Rate |
|---|---|---|---|
| Fedgroup | 60 | R1 | 9.0% |
| SA Retail Bonds | 60 | R1 | 8.9% |
| GoTyme Bank | 36 | R1 | 8.9% |
| African Bank | 60 | R1m | 8.8% |
| Nedbank | 60 | R250k | 8.6% |
What changed for fixed deposit interest rates since last month?
| Name | Average Change % | Max Change % |
|---|---|---|
| Standard Bank | 0.08 | 0.35 |
| SA Retail Bonds | 0.06 | 0.25 |
| Investec | 0.05 | 0.31 |
Standard Bank interest rates increased by an average 0.08% over the last month. Making it the bank with the largest change in interest rates over the last month. SA Retail Bonds, Investec also saw the biggest change in their fixed deposit interest rates.
New addition since last month. Notice Deposit Rates
After some requests from readers like you, I have added notice account rates to ratecompare.co.za and to this newsletter. In addition to sourcing fixed deposit rates, I now also source notice deposit account rates from all banks.
Here are the best 7-day and 32-day interest rates in South Africa:
Best 7-day interest rates
| Bank | Min Deposit | Interest Rate |
|---|---|---|
| 1 African bank | R500 | 5.04% |
| 2 Absa | R10m | 4.9% |
| 3 Fnb | R1m | 4.65% |
| 4 Standard bank | R1m | 3.5% |
Best 32-day interest rates
| Bank | Min Deposit | Interest Rate |
|---|---|---|
| 1 African bank | R500 | 5.51% |
| 2 Access Bank Plc | R5m | 5.5% |
| 3 Bidvest | R1m | 5.35% |
| 4 Nedbank | R500k | 5.3% |
| 5 Investec | R20k | 5.25% |
You are free to share this on social media, friends and family. In fact by doing so, you will help me out greatly since I earn some pocket money from ads.
Have a great weekend.
Walter