Standard Bank Fixed Deposit Rates
Electronic Fixed Deposit Rates
These rates are effective from 05 April 2018
These rates apply to accounts opened by Standard Bank customers through Internet banking, Mobile App or at an AutoPlus machine.
Interest rates are quoted as per annum rates.
| Balances R10 000 to R99 999 | Balances below R10 000 | |||
|---|---|---|---|---|
| Interest monthly | Interest at maturity | Interest monthly | Interest at maturity | |
| 33 days to under 3 months | 6.45% | 6.45% | 5.45% | 5.45% |
| 3 months to under 6 months | 6.75% | 6.75% | 5.75% | 5.75% |
| 6 months to under 12 months | 7.10% | 7.15% | 6.10% | 6.15% |
| 12 months to under 18 months | 7.45% | 7.35% | 6.45% | 6.35% |
| 18 months to under 24 months | 7.60% | 7.90% | 6.60% | 6.90% |
| 24 months to under 36 months | 7.65% | 8.05% | 6.65% | 7.05% |
| 36 months to under 48 months | 7.85% | 8.70% | 6.85% | 7.70% |
| 48 months to 60 months | 8.05% | 9.35% | 7.05% | 8.35% |
For balances of a R100 000 and above rates are applied on application.
Please note that for electronic rates we apply 0.15% preferential rate to ordinary interest rates.
Senior Citizen and Consolidator Fixed Deposits (These rates apply to customers aged 55 years old and older
These rates apply to accounts opened by Standard Bank customers through Internet banking, Mobile App or at an AutoPlus machine.
| Balances R10 000 to R99 999 | Balances below R10 000 | |||
|---|---|---|---|---|
| Interest monthly | Interest at maturity | Interest monthly | Interest at maturity | |
| 33 days to under 3 months | 6.95% | 6.95% | 5.95% | 5.95% |
| 3 months to under 6 months | 7.25% | 7.25% | 6.25% | 6.25% |
| 6 month to under 12 months | 7.60% | 7.65% | 6.60% | 6.65% |
| 12 months to under 18 months | 7.95% | 7.85% | 6.95% | 6.85% |
| 18 months to under 24 months | 8.10% | 8.40% | 7.10% | 7.40% |
| 24 months to under 36 months | 8.15% | 8.55% | 7.15% | 7.55% |
| 36 months to under 48 months | 8.35% | 9.20% | 7.35% | 8.20% |
| 48 months to 60 months | 8.55% | 9.85% | 7.55% | 8.85% |
For balances of a R100 000 and above rates are applied on application.
Please note that for electronic rates we apply 0.15% preferential rate to ordinary interest rates.