Make your money work harder - while rates are on your side

If you've been thinking about putting more money aside, now may be one of the smartest times to save.

Discovery Bank currently offers highly competitive fixed deposit interest rates - creating a real opportunity for clients to lock in strong returns.

Why a fixed deposit, and why now?

A fixed deposit account is one of the smartest ways to grow your money with certainty. You invest a lump sum for a set period, and in return, you earn a guaranteed rate of interest over that time. In a changing interest rate environment, that certainty matters.

Locking in a strong rate today means:

• You know exactly how much your money will grow
• Your returns are protected, even if interest rates decrease
• You can plan ahead with confidence

Flexible, but focused on growth

A fixed deposit is designed for commitment - but that doesn't mean it's rigid. You still have flexibility to structure your investment in a way that works for you:

• Choose your investment term - from shorter periods to longer-term growth (from 3 to 60 months)
• Decide how you want to receive your interest: monthly payouts, upfront, or reinvested for compounded growth
• Start from R10,000 and grow from there
• For larger deposits, personalised rates may be available

If you want some access to your funds while still earning competitive returns, you can also consider options like a Hybrid Fixed Deposit, which allows partial access to your money during the investment term.

Built for simplicity in your banking app

Opening and managing a fixed deposit account is quick and seamless in the Discovery Bank app - designed to make saving effortless, not overwhelming.

Ready to put your money to work?

• Simply log in to your Discovery Bank app
• Tap Accounts
• Select Save and Invest
• Choose a Fixed Deposit Account and follow the steps

A smart move, while the window is open

Interest rate cycles change - and what's available today may be gone tomorrow.

That's why many clients are choosing to act now, locking in competitive fixed deposit rates while they can.

The Future of Banking. Now.

Interest rates are subject to change. Rates referenced are as at April 2026. For the latest rates, please visit the Discovery Bank app or website.