Fees and Rates

Fixed Deposit Account Rates

Rates effective 1 September 2017. Rates are indicative and subject to change.
R10 000 minimum, no maximum
  Payable Monthly Payable End of Term
1 month 7.10%  
2 months 7.13% 7.15%
3 months 7.20% 7.24%
4 months 7.39% 7.46%
5 months 7.60% 7.70%
6 months 7.81% 7.94%
7 months 7.83% 7.98%
8 months 7.86% 8.05%
9 months 7.88% 8.09%
10 months 7.90% 8.14%
11 months 8.02% 8.29%
12 months 8.10% 8.41%
Pensioner rate* 8.40% 8.73%

* The pensioner rate is applicable to customers aged 55 and older on a 12 month Fixed Deposit only

The interest rate will be confirmed by Bidvest Bank at the time the account is opened. The nominal rates are indicative only and are subject to change without prior notice. 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.

Call us on 0860 11 11 77 to open a Fixed Deposit today.