GBS Mutual Bank vs Discovery Bank
best recorded rate per product · 1 Nov 2026
| Product | GBS Mutual Bank | Discovery Bank |
|---|---|---|
| Savings | 8.30% nominal Indefinite Period Paid-Up Shares · half-yearly interest · 2026-11-01 | 4.75% nominal Demand Savings Account · 2026-11-01 |
| Fixed deposits | 10.39% nominal Long Term Deposits · 60 months, paid at maturity · fixed · 2026-11-01 | 10.17% effective Fixed Deposit Account · Interest at maturity (Effective) · 5 years · from R10 000 · 2026-11-01 |
| Notice deposits | 6.45% nominal Thirty Two Day Deposits · balances R2 500 000 and above · 32 days' notice · 2026-11-01 | 7.55% nominal Notice Savings Account · 90 day notice · 90 days' notice · 2026-11-01 |
| Tax-free savings | 7.25% nominal Tax Free Savings Accounts · 7-day call · 7 days' notice · 2026-11-01 | 7% nominal Tax-Free Demand Savings Account · 2026-11-01 |
Rates compare only on the same basis. Conditions, minimums and eligibility differ; follow each row to the bank page for detail.