Deposits in South Africa in ZAR

Bank	Duration	Product	Rate	Earnings on 100.000	Minimum amount	Updated on
Capitec Bank	49 months	Fixed-deposit	9,65%	683,54/month 8.203/year	50.000	25/4/2024
African Bank	12 months	Fixed Deposit	9,50%	672,92/month 8.075/year	0	25/4/2024
Bidvest Bank	12 months	Fixed deposits	9,50%	672,92/month 8.075/year	10.000	25/4/2024
Capitec Bank	37 months	Fixed-deposit	9,38%	664,42/month 7.973/year	50.000	25/4/2024
Bidvest Bank	11 months	Fixed deposits	9,35%	662,29/month 7.948/year	10.000	25/4/2024
Absa	25 months	Fixed deposits	9,31%	659,46/month 7.914/year	1.000	25/4/2024
Absa	12 months	Fixed deposits	9,31%	659,46/month 7.914/year	100.000	25/4/2024
Absa	18 months	Fixed deposits	9,30%	658,75/month 7.905/year	100.000	25/4/2024
Absa	19 months	Fixed deposits	9,29%	658,04/month 7.897/year	100.000	25/4/2024
Bidvest Bank	10 months	Fixed deposits	9,29%	658,04/month 7.897/year	10.000	25/4/2024
Bidvest Bank	9 months	Fixed deposits	9,25%	655,21/month 7.863/year	10.000	25/4/2024
Access Bank	9 months	Fixed deposits	9,25%	655,21/month 7.863/year	25.000	25/4/2024
Capitec Bank	25 months	Fixed-deposit	9,22%	653,08/month 7.837/year	50.000	25/4/2024
Nedbank	12 months	Electronic Fixed Deposits	9,21%	652,38/month 7.829/year	25.000	25/4/2024
Standard Bank	24 months	Fixed deposits	9,20%	651,67/month 7.820/year	10.000	25/4/2024
Bidvest Bank	7 months	Fixed deposits	9,20%	651,67/month 7.820/year	10.000	25/4/2024
Bidvest Bank	8 months	Fixed deposits	9,20%	651,67/month 7.820/year	10.000	25/4/2024
Absa	24 months	Fixed deposits	9,19%	650,96/month 7.812/year	1.000	25/4/2024
Bidvest Bank	6 months	Fixed deposits	9,17%	649,54/month 7.795/year	10.000	25/4/2024
FNB	60 months	Fixed Deposit	9,15%	648,13/month 7.778/year	10.000	25/4/2024
Absa	13 months	Fixed deposits	9,14%	647,42/month 7.769/year	100.000	25/4/2024

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Displayed rates are the maturity rates, unless stated explicitly in the 'Other parameters' column. Earnings are based on the displayed rate (after 15% taxes) and the monthly income is a simple division of the annual income by 12. The monthly income is just to provide an idea of what someone would earn every month and is not based on the monthly interest that a bank might also provide. For example, if the invesment period is 5 years, the earnings will be paid out only after 5 years and not every month.