Fixed Deposit

This fixed deposit offers competitive fixed interest rates for up to twelve months, with a minimum deposit of R10 000. For more details, see our Fixed Deposit rates.

Fixed Deposit Account

Interest Rates

  • Interest is calculated daily and payable monthly or on maturity (‘Annual Effective’).
  • All nominal rates are quoted on a nominal annual compounded monthly basis.
  • Effective rates are quoted on a nominal annual compounded annually basis.
  • The effective rate quoted is derived from the nominal rate earned on the deposit, taking into account the effect of monthly compounding.

Rates are subject to change. Applicable to corporates and individuals. Terms and conditions apply. In terms of legislation, proof of residence and positive identification are required to open a Bidvest Bank Fixed Deposit. Bidvest Bank Limited (Reg No 2000/006478/06) is a licensed financial services and registered credit provider.