Bidvest Bank Deposit Rates
Starting at a minimum deposit of R10 000, select an investment term from 2 to 12 months with no monthly account fees. The longer the investment term, the higher the interest rate. Interest can be paid out monthly or at the end of the term to a nominated account. There is also the option to reinvest the interest for another fixed term. Pensioners over 55 qualify for preferential rates on the 12-month fixed deposit.
Fixed Deposits (R10 000 or more) – Rates are effective as at 14 September 2021
| Months | Payable Monthly | End of Term |
|---|---|---|
| 2 Months | 3.89% | 3.90% |
| 3 Months | 4.46% | 4.48% |
| 4 Months | 4.60% | 4.63% |
| 5 Months | 4.75% | 4.79% |
| 6 Months | 4.93% | 4.98% |
| 7 Months | 4.95% | 5.01% |
| 8 Months | 4.97% | 5.04% |
| 9 Months | 5.00% | 5.08% |
| 10 Months | 5.20% | 5.30% |
| 11 Months | 5.35% | 5.47% |
| 12 Months | 5.55% | 5.69% |
| Pensioner Rate 12-month Fixed Deposit Only* | 5.70% | 5.85% |
| *The pensioner rate is applicable to customers aged 55 and older on a 12-month Fixed Deposit only. |