Absa Fixed Deposit Review for February 2026
Last updated 15th February 2026 by Walter
Introduction
This page summarises all the fixed deposits offered by Absa. All the rates shown are sourced from the Absa website - absa.co.za. All rates shown on this page have been converted to nominal and effective annual rates! This allows you to compare rates across all banks. Yippee!
The Absa fixed deposit interest calculator, allows you to calculate how much interest you will earn for your age, investment amount and term.
Absa fixed deposits highlights
last updated 15th February 2026 by Walter
R1,000
min deposit
8.30%
best rate
4 / 10 *
rates rating
Here are Absa's best fixed deposit rates
The best interest rate you can get at Absa is 8.3% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 and be over the age of 55.
Here are Absa's five best fixed deposit interest rates:
| # | Min deposit | Term | Nominal | Effective |
|---|---|---|---|---|
| 1 | R1,000 P | 60 months | 8.30% | 8.62% |
| 2 | R1,000 | 60 months | 8.25% | 8.57% |
| 3 | R1,000 P | 36 months | 7.95% | 8.25% |
| 4 | R1,000 | 48 months | 7.90% | 8.19% |
| 5 | R1,000 | 36 months | 7.75% | 8.03% |
P
only individuals older than 55 qualify
A quick look at Absa's fixed deposit vs industry average rates