1 - 60 months

Fixed term options


Minimum deposit amount

Guaranteed returns for a fixed term investment

Save for a longer period and reap the rewards

With an Investec fixed term deposit savings account, you can save for a longer term by investing your funds for one month to five years, earning a competitive interest rate. You don’t need a private bank account and can save from R100,000. There are no monthly fees to erode your savings and your capital is guaranteed.

Should you not need access to your savings for a fixed period of time, an Investec fixed term deposit investment account will bring you competitive returns.

View all fixed term deposit savings accounts here. 


  • How the product works

    • Choose from a savings period of between one month to five years
    • Interest rates on fixed deposit are tailored, depending on the size and duration of your investment
  • Benefits

    • Guaranteed returns for a fixed term
    • Competitive interest rates on fixed deposits
    • Compound or pay out interest on a monthly basis
  • Minimum & maximum deposit

    • Minimum deposit of R100,000 

Fixed deposit interest rates

Choose a high-yield fixed term deposit investment account that makes your money work for you

See what your returns could be:

  • Fixed deposit future value calculator

    Investment Amount *
    Term *
    Interest Rate *

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    Future Value (Interest compounded)*

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    Interest Paid at Maturity*

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    Nominal Rate (NACM)

    R {[InterestPaidMonthlyForm]}

    Interest Paid Monthly (Approximately)*

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    Period Effective Yield

Apply for a savings account or contact your private banker

More fixed deposit accounts

Prime-linked Fixed Deposit

Prime-linked Fixed Deposit account

Earn a fixed rate on your savings that is prime-linked, for a fixed period of time.
Saving for longer brings you higher returns.

Tax-free Fixed Deposit

Tax-free Fixed Deposit account

Maximise your returns with a product that is fully exempt from tax. Invest in a 12-month fixed deposit, earn a special rate and optimise your savings.

Frequently asked questions

  • 1. What is a fixed term deposit account

    It is a savings account that is linked to a specific period of time. Once the capital amount has been invested and the period has been chosen (e.g. 12 months, 24 months, 60 months) the interest rate is defined and locked in until the end of that chosen length of time. 

  • 2. What are the benefits of a fixed term deposit

    The benefits of this account is that generally the interest earned is higher than that on an instant access or notice deposit account. The interest rate is locked in and does not change throughout the period. Most financial institutions offer a capital guarantee on the amount invested. 

  • 3. Can I get monthly interest on fixed deposit

    Yes. Depending on your financial institution you can either choose to get paid your interest monthly or compound your interest until the end of the period. 

  • 4. Is interest on a fixed deposit taxable and are there any restrcitions on tax free deposits

    Yes. Interest on a fixed term deposit is taxable and amounts exceeding the tax free allowance will be taxed in full.

  • 5. What is the risk of fixed term deposit

    One risk of a fixed term deposit is that your capital is locked away for the chosen period and you will not have access to this until the period has ended without incurring a penalty fee. Additional risks may exist depending on your particular financial institution.

  • 6. What is the minimum amount for fixed deposit

    The minimum amount for a fixed deposit depends on the financial institution you choose to save with as these vary.