Mercantile Bank South Africa
1 follower

Type Fixed
Rate 7.75%
Currency ZAR

Rate indicated requires minimum initial investment of R1,000.


The rate of 7.75% is 0.35% higher than the average 7.4%. Also it is 1.03 % lower than the highest rate 8.78 Updated May, 2018

on Mercantile Bank South Africa's secure website

Rate indicated requires minimum initial investment of R1,000.


The rate of 7.75% is 0.35% higher than the average 7.4%. Also it is 1.03 % lower than the highest rate 8.78 Updated May, 2018

on Mercantile Bank South Africa's secure website

Type Fixed
Rate 7.75%
Currency ZAR

Compare 1 year rates in South Africa

Account Name Rate
African Bank 1 Year Term Deposit 8.78%
Capitec Bank 1 Year Fixed Term Deposit 7.92%
Grindrod 1 Year Fixed Deposit 7.90%

Mercantile Bank South Africa Discussion

  • Q: Does the fixed dep rate 12 months apply to all age groups?

    Reply Naomi from Cape Town, South Africa