Capitec Fixed Deposit Review for April 2025

Last updated 2nd April 2025 by Walter

Introduction

This page summarises all the fixed deposits offered by Capitec. All the rates shown are sourced from the Capitec website - capitec.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 Capitec fixed deposit interest calculator, allows you to calculate how much interest you will earn for your age, investment amount and term.

Capitec fixed deposits highlights

last updated 2nd April 2025 by Walter

R10,000
min deposit
8.85%
best rate

Here are Capitec's best fixed deposit rates

The best interest rate you can get at Capitec is 8.85% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 .

Here are Capitec's five best fixed deposit interest rates:

# Min deposit Term Nominal
1 R1,000,000 60 months 8.85%
2 R250,000 60 months 8.75%
3 R50,000 60 months 8.65%
4 R10,000 60 months 8.60%
5 R1,000,000 48 months 8.50%
P
only individuals older than 55 qualify

Capitec 6 month fixed deposit

This table shows Capitec's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 6 month fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+7.70% 7.71%
-
-1
R10,000 for 55+7.70% 7.67%
+
2
R100,000 for 18+7.75% 7.79%
-
-21
R100,000 for 55+7.75% 7.73%
+
8
R250,000 for 18+7.80% 7.81%
-
-21
R250,000 for 55+7.80% 7.77%
+
31
R1,000,000 for 18+8.00% 7.84%
+
833
R1,000,000 for 55+8.00% 7.83%
+
881
R5,000,000 for 18+8.00% 7.84%
+
4,155
R5,000,000 for 55+8.00% 7.83%
+
4,433
How to read this table?

You get a 7.7% interest rate at Capitec for a R10,000 investment in a 6 month fixed deposit (if you are older than 18). The industry average is 7.71%. Over 6 months you will earn R1 less in interest at Capitec compared to the average bank.

Capitec 1 year fixed deposit

This table shows Capitec's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+8.00% 8.06%
-
-6
R10,000 for 55+8.00% 8.07%
-
-8
R100,000 for 18+8.10% 8.13%
-
-32
R100,000 for 55+8.10% 8.13%
-
-27
R250,000 for 18+8.15% 8.16%
-
-19
R250,000 for 55+8.15% 8.17%
-
-63
R1,000,000 for 18+8.30% 8.19%
+
1,200
R1,000,000 for 55+8.30% 8.23%
+
727
R5,000,000 for 18+8.30% 8.19%
+
5,900
R5,000,000 for 55+8.30% 8.23%
+
3,615
How to read this table?

You get a 8% interest rate at Capitec for a R10,000 investment in a 1 year fixed deposit (if you are older than 18). The industry average is 8.06%. Over 12 months you will earn R6 less in interest at Capitec compared to the average bank.

Capitec 2 year fixed deposit

This table shows Capitec's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 2 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+8.10% 8.10%
+
4
R10,000 for 55+8.10% 8.07%
+
10
R100,000 for 18+8.20% 8.14%
+
179
R100,000 for 55+8.20% 8.10%
+
270
R250,000 for 18+8.25% 8.17%
+
528
R250,000 for 55+8.25% 8.15%
+
676
R1,000,000 for 18+8.40% 8.20%
+
5,086
R1,000,000 for 55+8.40% 8.20%
+
4,837
R5,000,000 for 18+8.40% 8.21%
+
23,992
R5,000,000 for 55+8.40% 8.15%
+
28,674
How to read this table?

You get a 8.1% interest rate at Capitec for a R10,000 investment in a 2 year fixed deposit (if you are older than 18). The industry average is 8.10%. Over 2 years you will earn R4 less in interest at Capitec compared to the average bank.

Capitec 3 year fixed deposit

This table shows Capitec's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+8.20% 8.29%
-
-27
R10,000 for 55+8.20% 8.24%
-
-10
R100,000 for 18+8.25% 8.34%
-
-291
R100,000 for 55+8.25% 8.26%
-
-2
R250,000 for 18+8.30% 8.38%
-
-664
R250,000 for 55+8.30% 8.32%
-
-78
R1,000,000 for 18+8.45% 8.41%
+
2,422
R1,000,000 for 55+8.45% 8.38%
+
3,254
R5,000,000 for 18+8.45% 8.43%
+
8,144
R5,000,000 for 55+8.45% 8.32%
+
25,761
How to read this table?

You get a 8.2% interest rate at Capitec for a R10,000 investment in a 3 year fixed deposit (if you are older than 18). The industry average is 8.29%. Over 3 years you will earn R27 less in interest at Capitec compared to the average bank.

Capitec 5 year fixed deposit

This table shows Capitec's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 5 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+8.60% 8.89%
-
-213
R10,000 for 55+8.60% 8.83%
-
-172
R100,000 for 18+8.65% 8.93%
-
-2,116
R100,000 for 55+8.65% 8.86%
-
-1,570
R250,000 for 18+8.75% 8.96%
-
-3,904
R250,000 for 55+8.75% 8.90%
-
-2,741
R1,000,000 for 18+8.85% 8.99%
-
-9,663
R1,000,000 for 55+8.85% 8.96%
-
-7,929
R5,000,000 for 18+8.85% 8.99%
-
-49,945
R5,000,000 for 55+8.85% 8.86%
-
-3,707
How to read this table?

You get a 8.6% interest rate at Capitec for a R10,000 investment in a 5 year fixed deposit (if you are older than 18). The industry average is 8.89%. Over 5 years you will earn R213 less in interest at Capitec compared to the average bank.