# RateCompare current rates

South African bank deposit rates as of **2026-08-01** (data date). Jurisdiction: ZA. Currency: ZAR.

All rates are percentages per annum: nominalRatePercent is the bank's quoted annual rate, effectiveRatePercent is the annualised yield with compounding reinvested. 8.25 means 8.25% per year.

> Rates are collected from each bank's published rate sheets and updated monthly. They may change without notice — always confirm with the bank before investing. This is not financial advice.

## Complete data

This page is a compact overview. The full dataset (1192 rate records across savings, notice and fixed-deposit products) is published as:

- JSON: https://ratecompare.co.za/open-data/current-rates.json
- CSV: https://ratecompare.co.za/open-data/current-rates.csv

## Best standard savings rate

- **Instant-access savings**: 10.00% (10.47% effective) — GoTyme Bank, GoTyme Bank GoalSave Bonus Rate (10-Day Notice), from any amount

## Best standard notice rates by notice period

- **1-day notice**: 4.60% (4.70% effective) — Discovery, Discovery 24 hour notice Savings Account, from any amount
- **2-day notice**: 7.35% (7.60% effective) — Bidvest, Bidvest 2 Day (48hr) Notice, from R100 000
- **7-day notice**: 7.02% (7.25% effective) — African Bank, African Bank 7 Days Notice, from R1 000 000
- **14-day notice**: 5.72% (5.87% effective) — Standard Bank, Standard Bank 7 Day Notice Deposit, from R1 000 000
- **15-day notice**: 7.20% (7.44% effective) — Access Bank Plc, Access Bank Plc 15 Day Notice, from R5 000 000
- **21-day notice**: 5.92% (6.08% effective) — Standard Bank, Standard Bank 7 Day Notice Deposit, from R1 000 000
- **32-day notice**: 7.55% (7.82% effective) — Nedbank, Nedbank 32Day Notice, from R500 000
- **40-day notice**: 6.95% (7.18% effective) — Investec, Investec Private Select Fund, from R1 000 000
- **41-day notice**: 7.30% (7.55% effective) — Bidvest, Bidvest 41 Day Notice, from R5 000
- **45-day notice**: 7.90% (8.19% effective) — Absa, Absa Notice Select 45 Day, from R10 000 000
- **60-day notice**: 7.55% (7.82% effective) — Investec, Investec Smart Rate Plus Notice Deposit, from R100 000
- **61-day notice**: 7.35% (7.60% effective) — Bidvest, Bidvest 61 Day Notice, from R5 000
- **90-day notice**: 7.65% (7.92% effective) — Investec, Investec Smart Rate Plus Notice Deposit, from R100 000
- **91-day notice**: 7.40% (7.66% effective) — Bidvest, Bidvest 91 Day Notice, from R5 000
- **120-day notice**: 7.70% (7.98% effective) — Investec, Investec Smart Rate Plus Notice Deposit, from R100 000
- **121-day notice**: 7.50% (7.76% effective) — Bidvest, Bidvest 121 Day Notice, from R5 000

## Best standard fixed-deposit rates by term

- **3-month fixed deposit**: 7.70% (7.98% effective) — GoTyme Bank, GoTyme Bank Fixed Deposit, from any amount
- **6-month fixed deposit**: 8.11% (8.42% effective) — GoTyme Bank, GoTyme Bank Fixed Deposit, from any amount
- **9-month fixed deposit**: 7.77% (8.05% effective) — Investec, Investec PrimeLinked Fixed Deposit, from R100 000
- **12-month fixed deposit**: 8.42% (8.75% effective) — GoTyme Bank, GoTyme Bank Fixed Deposit, from any amount
- **18-month fixed deposit**: 7.60% (7.87% effective) — Absa, Absa Dynamic Fixed Deposit, from R1 000 000
- **24-month fixed deposit**: 8.52% (8.86% effective) — GoTyme Bank, GoTyme Bank Fixed Deposit, from any amount
- **36-month fixed deposit**: 8.58% (8.93% effective) — GoTyme Bank, GoTyme Bank Fixed Deposit, from any amount
- **48-month fixed deposit**: 7.83% (8.12% effective) — Standard Bank, Standard Bank Fixed Deposit, from R100 000
- **60-month fixed deposit**: 8.75% (8.94% effective) — SA Retail Bonds, SA Retail Bonds Fixed Rates, from any amount

Standard means open to the general public: seniors-only and tax-free products are excluded from these summaries but included in the full dataset.

## Methodology and links

- Methodology: https://ratecompare.co.za/docs/core-concepts
- Compare interactively: https://ratecompare.co.za/best-rates
- Fixed-deposit term pages: [3 months](https://ratecompare.co.za/best-rates/3-month-fixed-deposit) · [6 months](https://ratecompare.co.za/best-rates/6-month-fixed-deposit) · [9 months](https://ratecompare.co.za/best-rates/9-month-fixed-deposit) · [12 months](https://ratecompare.co.za/best-rates/12-month-fixed-deposit) · [18 months](https://ratecompare.co.za/best-rates/18-month-fixed-deposit) · [24 months](https://ratecompare.co.za/best-rates/24-month-fixed-deposit) · [36 months](https://ratecompare.co.za/best-rates/36-month-fixed-deposit) · [48 months](https://ratecompare.co.za/best-rates/48-month-fixed-deposit) · [60 months](https://ratecompare.co.za/best-rates/60-month-fixed-deposit)
- Homepage: https://ratecompare.co.za