Deposits in South Africa in ZAR


Amount:
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BankDurationProductRateEarnings on 100.000 Minimum amountOther parametersUpdated on
FNB 1 month Fixed Deposit 7,60% 538,33/month
6.460/year		 10.000 27/4/2024
Postbank 7 months Term save 7,50% 531,25/month
6.375/year		 10.000 27/4/2024
Postbank 6 months Term save plus 7,50% 531,25/month
6.375/year		 10.000 27/4/2024
Postbank 6 months Term save 7,40% 524,17/month
6.290/year		 10.000 27/4/2024
Postbank 5 months Term save 7,30% 517,08/month
6.205/year		 10.000 27/4/2024
Absa 1 month Fixed deposits 7,25% 513,54/month
6.163/year		 100.000 27/4/2024
Standard Bank 60 days Electronic Notice Deposit 7,25% 513,54/month
6.163/year		 100.000 27/4/2024
Postbank 4 months Term save 7,20% 510,00/month
6.120/year		 10.000 27/4/2024
Standard Bank 45 days Electronic Notice Deposit 7,20% 510,00/month
6.120/year		 100.000 27/4/2024
Absa 2 months Fixed deposits 7,17% 507,88/month
6.095/year		 1.000 27/4/2024
Postbank 3 months Term save 7,10% 502,92/month
6.035/year		 10.000 27/4/2024
Nedbank 1 month Electronic Fixed Deposits 6,90% 488,75/month
5.865/year		 25.000 27/4/2024
Postbank 1 month Term save 6,75% 478,13/month
5.738/year		 10.000 27/4/2024
Standard Bank 32 days Electronic Notice Deposit 6,75% 478,13/month
5.738/year		 100.000 27/4/2024
Nedbank 1 month Fixed Deposits - Interest ON expiry 6,70% 474,58/month
5.695/year		 25.000 27/4/2024
Nedbank 1 month Fixed Deposits - Interest ON expiry 6,50% 460,42/month
5.525/year		 5.000 27/4/2024
Standard Bank 21 days Electronic Notice Deposit 6,15% 435,63/month
5.228/year		 100.000 27/4/2024
Nedbank 12 months EasyAccess Deposits - Interest ON expiry 6,06% 429,25/month
5.151/year		 25.000 27/4/2024
Standard Bank 14 days Electronic Notice Deposit 5,95% 421,46/month
5.058/year		 100.000 27/4/2024
Standard Bank 7 days Electronic Notice Deposit 5,75% 407,29/month
4.888/year		 100.000 27/4/2024
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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.