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Fixed Deposit investment account
Why leave your hard-earned money vulnerable to inflation or low returns? Our Fixed Deposit account offers guaranteed interest over a period of your choice. Plus, enjoy market-leading interest rates for a 12-month investment term from R100 000.
R
1 000
Opening deposit
At Maturity
Access to Funds
9.17%
*
Earn interest up to
Zero
Monthly admin fee
*
Rate at Maturity for Deposit below R100 000.00
Fixed Deposit interest rates
See how much interest you can earn depending on your investment term and account balance.
Fixed Deposits
These rates apply to investment amounts of R1 000 to R99 999. Interest rates are available on application for amounts R100 000 and above.
Open now
These rates are effective from 10 April 2026.
INTEREST RATES ARE QUOTED AS PER ANNUM RATES AND INTEREST IS PAID OUT MONTHLY OR AT MATURITY.
Boost your savings with our Fixed Deposit investment account
Earn market-leading interest rates when opening a Fixed Deposit account. Simply invest R100 000 or more for 12 months.
Some of the benefits
Guaranteed growth
Your interest rate is locked in from the start, so you know exactly how much you’ll earn, with no surprises and no market risk
Low security risk
Your money is safe, protected from market volatility, and secured with us, giving you peace of mind while it grows
Flexible terms
Whether you want a few months of growth or years of steady returns, choose a term that matches your goals
UCount Rewards
Get rewarded for saving and climb the Tiering Points ladder when you save for 3 months or more
How it works
- Deposit a lump sum (minimum of R 1 000)
- Choose your investment term upfront – it can be anything from 1 month to 5 years
- Interest is then based on your investment term and account balance
- You can’t add more funds once you’ve locked in your investment term, however, you can open another Fixed Deposit account if you have more funds to invest
- You can transfer your interest and savings to any account at the end of the period
- If you’re over the age of 55 and have a balance below R100 000, you’ll get an extra 0.5% annually
- Access your savings on the Banking App, Online Banking, at ATMs, or on your phone
- Interest is calculated daily and paid monthly, quarterly, annually or at period end
- Your capital is guaranteed
- When your investment reaches maturity, you have the option to reinvest all, or a portion, of your funds to keep your money growing
Fixed Deposit term and conditions
General terms and conditions
What it costs
- No monthly fees
- Cash deposit fees apply
- Early withdrawal fees apply
How to get it
If you’re an existing Standard Bank customer:
Apply via Online Banking:
- Sign into your Online Banking profile
- Navigate to the Save & Invest tab and click on the browse button
- Scroll down until you see the Fixed Deposit Investment tile
- Click on Get Account and complete the steps
Apply on our Banking App:
- Sign into the app
- Tap on the More tile
- Select Open a new account
- Tap on Savings and Investment
- Scroll down until you see the Fixed Deposit Investment tile and tap on it
If you don’t bank with us:
Complete our Call Me Back form:
- Click on the 'Open Now' button at the top of the page
- Fill in your details
- Click ‘Submit’ and one of our consultants will be in touch
What you’ll need to apply at a branch:
- Be 16 years or older
- ID copy (or passport if not an SA citizen)*
- Proof of residence not older than 3 months
*If you’re a minor, you’ll need the consent of your parent or guardian
-
How it works
-
What it costs
-
How to get it
- Deposit a lump sum (minimum of R 1 000)
- Choose your investment term upfront – it can be anything from 1 month to 5 years
- Interest is then based on your investment term and account balance
- You can’t add more funds once you’ve locked in your investment term, however, you can open another Fixed Deposit account if you have more funds to invest
- You can transfer your interest and savings to any account at the end of the period
- If you’re over the age of 55 and have a balance below R100 000, you’ll get an extra 0.5% annually
- Access your savings on the Banking App, Online Banking, at ATMs, or on your phone
- Interest is calculated daily and paid monthly, quarterly, annually or at period end
- Your capital is guaranteed
- When your investment reaches maturity, you have the option to reinvest all, or a portion, of your funds to keep your money growing
Fixed Deposit term and conditions
General terms and conditions
- No monthly fees
- Cash deposit fees apply
- Early withdrawal fees apply
If you’re an existing Standard Bank customer:
Apply via Online Banking:
- Sign into your Online Banking profile
- Navigate to the Save & Invest tab and click on the browse button
- Scroll down until you see the Fixed Deposit Investment tile
- Click on Get Account and complete the steps
Apply on our Banking App:
- Sign into the app
- Tap on the More tile
- Select Open a new account
- Tap on Savings and Investment
- Scroll down until you see the Fixed Deposit Investment tile and tap on it
If you don’t bank with us:
Complete our Call Me Back form:
- Click on the 'Open Now' button at the top of the page
- Fill in your details
- Click ‘Submit’ and one of our consultants will be in touch
What you’ll need to apply at a branch:
- Be 16 years or older
- ID copy (or passport if not an SA citizen)*
- Proof of residence not older than 3 months
*If you’re a minor, you’ll need the consent of your parent or guardian
What is a Fixed Deposit account?
It’s a savings account where you lock in your money for a set time to grow it safely.
Can I withdraw money from a Fixed Deposit account?
You can, but it’s best to wait until the end of your chosen term to get the full benefit. However, if you can’t wait, you’ll have to pay an early withdrawal penalty fee to access your funds.
Who should get a Fixed Deposit account?
It’s ideal for people who don’t need immediate access to their money and want guaranteed growth.
How does a Fixed Deposit account support my long-term goals?
It helps you commit to saving by offering stability and predictable returns.
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