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Discovery Bank vs Nedbank

best recorded rate per product · 1 Nov 2026

ProductDiscovery BankNedbank
Savings4.75% nominal
Demand Savings Account · 2026-11-01
not recorded
Fixed deposits10.17% effective
Fixed Deposit Account · Interest at maturity (Effective) · 5 years · from R10 000 · 2026-11-01
8.51% effective
Fixed Deposit Account · 60 Months · R1,000,000+ · fixed · 2026-11-01
Notice deposits7.55% nominal
Notice Savings Account · 90 day notice · 90 days' notice · 2026-11-01
5.95% rate
32Day Notice Account · rate range 5.95-7.80% · 32 days' notice · 2026-11-01
Tax-free savings7% nominal
Tax-Free Demand Savings Account · 2026-11-01
7.30% nominal
Tax-free Fixed Deposit Account · 12 Months · R25,000 - R249,999 · fixed · 2026-11-01

Rates compare only on the same basis. Conditions, minimums and eligibility differ; follow each row to the bank page for detail.

Discovery Bank rates → · Nedbank rates →