South AfricaUSUKSA
Home / Fixed deposits

Highest fixed deposit rate: 10.17% effective

34 offers from 3 institutions · Fixed deposits by term. Nominal and effective rates are ranked apart.

Highest effective

10.17%
Discovery Bank
Fixed Deposit Account · Interest at maturity (Effective) · 5 years · from R10 000

recorded 2026-11-01 · source ↗

34 offers3 institutionsmedian 7.57%

Spread of recorded rates

6.7%7.2%7.7%8.2%8.7%9.2%9.7%10.2%

Jump to: 3 months · 6 months · 1 year · 18 months · 2 years · 3 years · 5 years

3 months highest 7.98% · 3 offers

01
TymeBank
Fixed Deposit
Fixed deposits · 3 Months · fixed · View at bank ↗
7.98 % effectiverecorded 2026-11-01
02
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest at maturity (Effective) · 3 months · from R10 000 · View at bank ↗
6.89 % effectiverecorded 2026-11-01
03
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest upfront (Effective) · 3 months · from R10 000 · View at bank ↗
6.77 % effectiverecorded 2026-11-01

6 months highest 8.42% · 3 offers

01
TymeBank
Fixed Deposit
Fixed deposits · 6 Months · fixed · View at bank ↗
8.42 % effectiverecorded 2026-11-01
02
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest at maturity (Effective) · 6 months · from R10 000 · View at bank ↗
7.15 % effectiverecorded 2026-11-01
03
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest upfront (Effective) · 6 months · from R10 000 · View at bank ↗
6.91 % effectiverecorded 2026-11-01

1 year highest 8.75% · 3 offers

01
TymeBank
Fixed Deposit
Fixed deposits · 12 Months · fixed · View at bank ↗
8.75 % effectiverecorded 2026-11-01
02
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest at maturity (Effective) · 1 year · from R10 000 · View at bank ↗
7.76 % effectiverecorded 2026-11-01
03
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest upfront (Effective) · 1 year · from R10 000 · View at bank ↗
7.20 % effectiverecorded 2026-11-01

18 months highest 8.02% · 6 offers

01
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest at maturity (Effective) · 18 months · from R10 000 · View at bank ↗
8.02 % effectiverecorded 2026-11-01
02
Nedbank
Fixed Deposit Account
Fixed deposits · 18 Months · R1,000,000+ · fixed · View at bank ↗
7.54 % effectiverecorded 2026-11-01
03
Nedbank
Fixed Deposit Account
Fixed deposits · 18 Months · R250,000 - R999,999 · fixed · View at bank ↗
7.49 % effectiverecorded 2026-11-01
04
Nedbank
Fixed Deposit Account
Fixed deposits · 18 Months · R25,000 - R249,999 · fixed · View at bank ↗
7.38 % effectiverecorded 2026-11-01
05
Nedbank
Fixed Deposit Account
Fixed deposits · 18 Months · R1,000 - R24,999 · fixed · View at bank ↗
7.17 % effectiverecorded 2026-11-01
06
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest upfront (Effective) · 18 months · from R10 000 · View at bank ↗
7.16 % effectiverecorded 2026-11-01

2 years highest 8.86% · 7 offers

01
TymeBank
Fixed Deposit
Fixed deposits · 24 Months · fixed · View at bank ↗
8.86 % effectiverecorded 2026-11-01
02
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest at maturity (Effective) · 2 years · from R10 000 · View at bank ↗
8.35 % effectiverecorded 2026-11-01
03
Nedbank
Fixed Deposit Account
Fixed deposits · 24 Months · R1,000,000+ · fixed · View at bank ↗
7.60 % effectiverecorded 2026-11-01
04
Nedbank
Fixed Deposit Account
Fixed deposits · 24 Months · R250,000 - R999,999 · fixed · View at bank ↗
7.54 % effectiverecorded 2026-11-01
05
Nedbank
Fixed Deposit Account
Fixed deposits · 24 Months · R25,000 - R249,999 · fixed · View at bank ↗
7.44 % effectiverecorded 2026-11-01
06
Nedbank
Fixed Deposit Account
Fixed deposits · 24 Months · R1,000 - R24,999 · fixed · View at bank ↗
7.22 % effectiverecorded 2026-11-01
07
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest upfront (Effective) · 2 years · from R10 000 · View at bank ↗
7.16 % effectiverecorded 2026-11-01

3 years highest 8.93% · 7 offers

01
TymeBank
Fixed Deposit
Fixed deposits · 36 Months · fixed · View at bank ↗
8.93 % effectiverecorded 2026-11-01
02
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest at maturity (Effective) · 3 years · from R10 000 · View at bank ↗
8.88 % effectiverecorded 2026-11-01
03
Nedbank
Fixed Deposit Account
Fixed deposits · 36 Months · R1,000,000+ · fixed · View at bank ↗
7.76 % effectiverecorded 2026-11-01
04
Nedbank
Fixed Deposit Account
Fixed deposits · 36 Months · R250,000 - R999,999 · fixed · View at bank ↗
7.65 % effectiverecorded 2026-11-01
05
Nedbank
Fixed Deposit Account
Fixed deposits · 36 Months · R25,000 - R249,999 · fixed · View at bank ↗
7.54 % effectiverecorded 2026-11-01
06
Nedbank
Fixed Deposit Account
Fixed deposits · 36 Months · R1,000 - R24,999 · fixed · View at bank ↗
7.33 % effectiverecorded 2026-11-01
07
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest upfront (Effective) · 3 years · from R10 000 · View at bank ↗
7.01 % effectiverecorded 2026-11-01

5 years highest 10.17% · 5 offers

01
Discovery Bank
Fixed Deposit Account
Fixed deposits · Interest at maturity (Effective) · 5 years · from R10 000 · View at bank ↗
10.17 % effectiverecorded 2026-11-01
02
Nedbank
Fixed Deposit Account
Fixed deposits · 60 Months · R1,000,000+ · fixed · View at bank ↗
8.51 % effectiverecorded 2026-11-01
03
Nedbank
Fixed Deposit Account
Fixed deposits · 60 Months · R250,000 - R999,999 · fixed · View at bank ↗
8.35 % effectiverecorded 2026-11-01
04
Nedbank
Fixed Deposit Account
Fixed deposits · 60 Months · R25,000 - R249,999 · fixed · View at bank ↗
8.24 % effectiverecorded 2026-11-01
05
Nedbank
Fixed Deposit Account
Fixed deposits · 60 Months · R1,000 - R24,999 · fixed · View at bank ↗
7.70 % effectiverecorded 2026-11-01

Quoted on another basis

These rates are quoted as nominal, rate, expected profit, so they are not ranked against effective.

01
GBS Mutual Bank
Long Term Deposits
Fixed deposits · 60 months, paid at maturity · fixed · View at bank ↗
10.39 % nominalrecorded 2026-11-01
02
GBS Mutual Bank
Long Term Deposits
Fixed deposits · 36 to 59 months, paid at maturity, upper end of range · fixed · View at bank ↗
10.13 % nominalrecorded 2026-11-01
03
Absa
Dynamic Fixed Deposit Including Digital Bonus
Fixed deposits · 60 months · R 1,000,000 + · 0% access · Maturity · incl. digital bonus · senior 55+ · bonus · View at bank ↗
10.07 % raterecorded 2026-11-01
04
Absa
Dynamic Fixed Deposit
Fixed deposits · 60 months · R 1,000,000 + · 0% access · Maturity · senior 55+ · View at bank ↗
9.97 % raterecorded 2026-11-01
05
Absa
Dynamic Fixed Deposit Including Digital Bonus
Fixed deposits · 60 months · R 1,000,000 + · 0% access · Maturity · standard rate · incl. digital bonus · bonus · View at bank ↗
9.97 % raterecorded 2026-11-01
06
Absa
Dynamic Fixed Deposit
Fixed deposits · 60 months · R 1,000,000 + · 0% access · Maturity · standard rate · View at bank ↗
9.87 % raterecorded 2026-11-01
07
Absa
Dynamic Fixed Deposit Including Digital Bonus
Fixed deposits · 60 months · R 100 000 - R999,999.99 · 0% access · Maturity · incl. digital bonus · senior 55+ · bonus · View at bank ↗
9.87 % raterecorded 2026-11-01
08
Absa
Dynamic Fixed Deposit Including Digital Bonus
Fixed deposits · 60 months · R 100 000 - R999,999.99 · 0% access · Maturity · standard rate · incl. digital bonus · bonus · View at bank ↗
9.82 % raterecorded 2026-11-01
09
Absa
Dynamic Fixed Deposit
Fixed deposits · 60 months · R 100 000 - R999,999.99 · 0% access · Maturity · senior 55+ · View at bank ↗
9.77 % raterecorded 2026-11-01
10
Absa
Dynamic Fixed Deposit Including Digital Bonus
Fixed deposits · 60 months · R 1000 – R99,999.99 · 0% access · Maturity · incl. digital bonus · senior 55+ · bonus · View at bank ↗
9.77 % raterecorded 2026-11-01
11
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 100 000 - R999,999.99 · 0% access · Maturity · incl. digital bonus · senior 55+ · prime_linked · View at bank ↗
9.77 % raterecorded 2026-11-01
12
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 1,000,000 + · 0% access · Maturity · incl. digital bonus · senior 55+ · prime_linked · View at bank ↗
9.77 % raterecorded 2026-11-01
13
Absa
Dynamic Fixed Deposit
Fixed deposits · 60 months · R 100 000 - R999,999.99 · 0% access · Maturity · standard rate · View at bank ↗
9.72 % raterecorded 2026-11-01
14
Absa
Dynamic Fixed Deposit
Fixed deposits · 60 months · R 1000 – R99,999.99 · 0% access · Maturity · senior 55+ · View at bank ↗
9.67 % raterecorded 2026-11-01
15
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 100 000 - R999,999.99 · 0% access · Maturity · standard rate · incl. digital bonus · prime_linked · View at bank ↗
9.67 % raterecorded 2026-11-01
16
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 1,000,000 + · 0% access · Maturity · standard rate · incl. digital bonus · prime_linked · View at bank ↗
9.67 % raterecorded 2026-11-01
17
Absa
Dynamic Fixed Deposit Including Digital Bonus
Fixed deposits · 60 months · R 1000 – R99,999.99 · 0% access · Maturity · standard rate · incl. digital bonus · bonus · View at bank ↗
9.62 % raterecorded 2026-11-01
18
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 100 000 - R999,999.99 · 0% access · Maturity · senior 55+ · prime_linked · View at bank ↗
9.62 % raterecorded 2026-11-01
19
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 1,000,000 + · 0% access · Maturity · senior 55+ · prime_linked · View at bank ↗
9.62 % raterecorded 2026-11-01
20
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 1000 – R99,999.99 · 0% access · Maturity · incl. digital bonus · senior 55+ · prime_linked · View at bank ↗
9.62 % raterecorded 2026-11-01
21
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 1000 – R99,999.99 · 0% access · Maturity · standard rate · incl. digital bonus · prime_linked · View at bank ↗
9.57 % raterecorded 2026-11-01
22
Absa
Dynamic Fixed Deposit
Fixed deposits · 60 months · R 1000 – R99,999.99 · 0% access · Maturity · standard rate · View at bank ↗
9.52 % raterecorded 2026-11-01
23
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 100 000 - R999,999.99 · 0% access · Maturity · standard rate · prime_linked · View at bank ↗
9.52 % raterecorded 2026-11-01
24
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 1,000,000 + · 0% access · Maturity · standard rate · prime_linked · View at bank ↗
9.52 % raterecorded 2026-11-01
25
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 1000 – R99,999.99 · 0% access · Maturity · senior 55+ · prime_linked · View at bank ↗
9.47 % raterecorded 2026-11-01
26
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 60 months · R 1000 – R99,999.99 · 0% access · Maturity · standard rate · prime_linked · View at bank ↗
9.42 % raterecorded 2026-11-01
27
GBS Mutual Bank
Long Term Deposits
Fixed deposits · 36 to 59 months, paid at maturity, lower end of range · fixed · View at bank ↗
9.32 % nominalrecorded 2026-11-01
28
Standard Bank
Senior Citizen and Consolidator Fixed Deposits
Fixed deposits · 60 months · Balances R 10 000 to R 99 999 · fixed · View at bank ↗
9.26 % nominalrecorded 2026-11-01
29
GBS Mutual Bank
Long Term Deposits
Fixed deposits · 24 to 35 months, paid at maturity, upper end of range · fixed · View at bank ↗
9.10 % nominalrecorded 2026-11-01
30
Standard Bank
Senior Citizen and Consolidator Fixed Deposits
Fixed deposits · 48 months to 60 months · Balances R 10 000 to R 99 999 · fixed · View at bank ↗
8.93 % nominalrecorded 2026-11-01
31
Standard Bank
Senior Citizen and Consolidator Fixed Deposits
Fixed deposits · 60 months · Balances below R 10 000 · fixed · View at bank ↗
8.86 % nominalrecorded 2026-11-01
32
Absa
Dynamic Fixed Deposit Including Digital Bonus
Fixed deposits · 36 months · R 1,000,000 + · 0% access · Maturity · incl. digital bonus · senior 55+ · bonus · View at bank ↗
8.80 % raterecorded 2026-11-01
33
GBS Mutual Bank
Long Term Deposits
Fixed deposits · 24 to 35 months, paid at maturity, lower end of range · fixed · View at bank ↗
8.76 % nominalrecorded 2026-11-01
34
Standard Bank
Fixed Deposit investment account
Fixed deposits · 60 months · Balances R 10 000 to R 99 999 · fixed · View at bank ↗
8.76 % nominalrecorded 2026-11-01
35
Absa
Dynamic Fixed Deposit
Fixed deposits · 36 months · R 1,000,000 + · 0% access · Maturity · senior 55+ · View at bank ↗
8.75 % raterecorded 2026-11-01
36
Absa
Islamic Term Deposits
Fixed deposits · 60 months · R100 001 - R999 999 · Maturity · standard rate · incl. digital bonus · senior 55+ · bonus · View at bank ↗
8.74 % expected profitrecorded 2026-11-01
37
Absa
Islamic Term Deposits
Fixed deposits · 60 months · R1 000 000 + · Maturity · standard rate · incl. digital bonus · senior 55+ · bonus · View at bank ↗
8.74 % expected profitrecorded 2026-11-01
38
Absa
Fixed Deposit
Fixed deposits · 60 months · R100,001 to R999,999 · Maturity · standard rate · incl. digital bonus · senior 55+ · bonus · View at bank ↗
8.74 % raterecorded 2026-11-01
39
Absa
Fixed Deposit
Fixed deposits · 60 months · R1,000,000 + · Maturity · standard rate · incl. digital bonus · senior 55+ · bonus · View at bank ↗
8.74 % raterecorded 2026-11-01
40
GBS Mutual Bank
Long Term Deposits
Fixed deposits · 60 months, annual interest · fixed · View at bank ↗
8.73 % nominalrecorded 2026-11-01
41
Absa
Dynamic Fixed Deposit Including Digital Bonus
Fixed deposits · 36 months · R 1,000,000 + · 0% access · Maturity · standard rate · incl. digital bonus · bonus · View at bank ↗
8.70 % raterecorded 2026-11-01
42
Absa
Dynamic Fixed Deposit
Fixed deposits · 36 months · R 1,000,000 + · 0% access · Maturity · standard rate · View at bank ↗
8.65 % raterecorded 2026-11-01
43
Absa
Dynamic Fixed Deposit Including Digital Bonus
Fixed deposits · 36 months · R 100 000 - R999,999.99 · 0% access · Maturity · incl. digital bonus · senior 55+ · bonus · View at bank ↗
8.65 % raterecorded 2026-11-01
44
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 36 months · R 100 000 - R999,999.99 · 0% access · Maturity · incl. digital bonus · senior 55+ · prime_linked · View at bank ↗
8.65 % raterecorded 2026-11-01
45
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 36 months · R 1,000,000 + · 0% access · Maturity · incl. digital bonus · senior 55+ · prime_linked · View at bank ↗
8.65 % raterecorded 2026-11-01
46
Absa
Islamic Term Deposits
Fixed deposits · 60 months · R100 001 - R999 999 · Maturity · standard rate · incl. digital bonus · bonus · View at bank ↗
8.64 % expected profitrecorded 2026-11-01
47
Absa
Islamic Term Deposits
Fixed deposits · 60 months · R1 000 000 + · Maturity · standard rate · incl. digital bonus · bonus · View at bank ↗
8.64 % expected profitrecorded 2026-11-01
48
Absa
Islamic Term Deposits
Fixed deposits · 60 months · R1 000 - R100 000 · Maturity · standard rate · incl. digital bonus · senior 55+ · bonus · View at bank ↗
8.64 % expected profitrecorded 2026-11-01
49
Absa
Fixed Deposit
Fixed deposits · 60 months · R100,001 to R999,999 · Maturity · standard rate · incl. digital bonus · bonus · View at bank ↗
8.64 % raterecorded 2026-11-01
50
Absa
Fixed Deposit
Fixed deposits · 60 months · R1,000,000 + · Maturity · standard rate · incl. digital bonus · bonus · View at bank ↗
8.64 % raterecorded 2026-11-01
51
Absa
Fixed Deposit
Fixed deposits · 60 months · R1000 to R100,000 · Maturity · standard rate · incl. digital bonus · senior 55+ · bonus · View at bank ↗
8.64 % raterecorded 2026-11-01
52
Standard Bank
Senior Citizen and Consolidator Fixed Deposits
Fixed deposits · 36 months to under 48 months · Balances R 10 000 to R 99 999 · fixed · View at bank ↗
8.64 % nominalrecorded 2026-11-01
53
Standard Bank
Senior Citizen and Consolidator Fixed Deposits
Fixed deposits · 18 months to under 24 months · Balances R 10 000 to R 99 999 · fixed · View at bank ↗
8.61 % nominalrecorded 2026-11-01
54
Absa
Dynamic Fixed Deposit
Fixed deposits · 36 months · R 100 000 - R999,999.99 · 0% access · Maturity · senior 55+ · View at bank ↗
8.60 % raterecorded 2026-11-01
55
Absa
Dynamic Fixed Deposit Including Digital Bonus
Fixed deposits · 36 months · R 1000 – R99,999.99 · 0% access · Maturity · incl. digital bonus · senior 55+ · bonus · View at bank ↗
8.60 % raterecorded 2026-11-01
56
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 36 months · R 100 000 - R999,999.99 · 0% access · Maturity · senior 55+ · prime_linked · View at bank ↗
8.60 % raterecorded 2026-11-01
57
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 36 months · R 1,000,000 + · 0% access · Maturity · senior 55+ · prime_linked · View at bank ↗
8.60 % raterecorded 2026-11-01
58
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 36 months · R 1,000,000 + · 0% access · Maturity · standard rate · incl. digital bonus · prime_linked · View at bank ↗
8.60 % raterecorded 2026-11-01
59
Absa
Dynamic Fixed Prime-Linked Deposit
Fixed deposits · 36 months · R 1000 – R99,999.99 · 0% access · Maturity · incl. digital bonus · senior 55+ · prime_linked · View at bank ↗
8.60 % raterecorded 2026-11-01
60
Absa
Islamic Term Deposits
Fixed deposits · 60 months · R1 000 - R100 000 · Maturity · standard rate · incl. digital bonus · bonus · View at bank ↗
8.59 % expected profitrecorded 2026-11-01
Ask your AI. No sign-up. MCP and JSON for every rate on this site.
{"mcpServers":{"ratesonar-za":{"url":"https://sarates.ratesonar.com/mcp"}}}API docs

Questions

What is the best fixed deposit rate in South Africa right now?

Discovery Bank Fixed Deposit Account (Interest at maturity (Effective)) at 10.17% effective, recorded 1 Nov 2026. RateSonar compared 34 offers from 3 institutions on the same basis.

Are these rates current?

Each row shows the date RateSonar last recorded it from the bank's page. Pages are captured twice a day; a row that could not be refreshed keeps its last recorded date and drops out of the ranking after three days.