Deposits in South Africa in ZAR

Bank	Duration	Product	Rate	Earnings on 100.000	Minimum amount	Updated on
Absa	11 months	Fixed deposits	9,11%	645,29/month 7.744/year	100.000	19/4/2024
Capitec Bank	19 months	Fixed-deposit	9,11%	645,29/month 7.744/year	50.000	19/4/2024
Access Bank	90 days	NOTICE ACCOUNTS	9,11%	645,29/month 7.744/year	25.000	19/4/2024
Standard Bank	12 months	Fixed Deposits	9,08%	643,17/month 7.718/year	100.000	19/4/2024
Investec Bank	12 months	Fixed Deposits	9,06%	641,75/month 7.701/year	100.000	19/4/2024
Standard Bank	11 months	Fixed Deposits	9,01%	638,21/month 7.659/year	100.000	19/4/2024
Capitec Bank	13 months	Fixed-deposit	9%	637,50/month 7.650/year	50.000	19/4/2024
Nedbank	12 months	Fixed Deposits - Interest ON expiry	9%	637,50/month 7.650/year	25.000	19/4/2024
TymeBank	6 months	Fixed deposits	9%	637,50/month 7.650/year	0	19/4/2024
TymeBank	3 months	Fixed deposits	9%	637,50/month 7.650/year	0	19/4/2024
Access Bank	60 days	NOTICE ACCOUNTS	9%	637,50/month 7.650/year	25.000	19/4/2024
Standard Bank	18 months	Fixed deposits	8,95%	633,96/month 7.608/year	10.000	19/4/2024
Standard Bank	10 months	Fixed Deposits	8,91%	631,13/month 7.574/year	100.000	19/4/2024
Access Bank	32 days	NOTICE ACCOUNTS	8,89%	629,71/month 7.557/year	25.000	19/4/2024
FNB	48 months	Fixed Deposit	8,85%	626,88/month 7.523/year	10.000	19/4/2024
Bidvest Bank	5 months	Fixed deposits	8,85%	626,88/month 7.523/year	10.000	19/4/2024
Capitec Bank	7 months	Fixed-deposit	8,84%	626,17/month 7.514/year	50.000	19/4/2024
Standard Bank	9 months	Fixed Deposits	8,81%	624,04/month 7.489/year	100.000	19/4/2024
Access Bank	6 months	Fixed deposits	8,81%	624,04/month 7.489/year	25.000	19/4/2024
African Bank	6 months	Fixed Deposit	8,80%	623,33/month 7.480/year	0	19/4/2024
FNB	36 months	Fixed Deposit	8,75%	619,79/month 7.438/year	10.000	19/4/2024

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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.