Capitec Fixed Deposit Review for May 2025

Last updated 2nd May 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 May 2025 by Walter

R10,000
min deposit
8.51%
best rate

Here are Capitec's best fixed deposit rates

The best interest rate you can get at Capitec is 8.51% 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 8.51%
2 R250,000 60 months 8.42%
3 R50,000 60 months 8.32%
4 R10,000 60 months 8.28%
5 R1,000,000 48 months 8.19%
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+7.44% 7.57%
-
-7
R10,000 for 55+7.44% 7.54%
-
-5
R100,000 for 18+7.49% 7.61%
-
-64
R100,000 for 55+7.49% 7.61%
-
-64
R250,000 for 18+7.53% 7.60%
-
-78
R250,000 for 55+7.53% 7.65%
-
-149
R1,000,000 for 18+7.72% 7.65%
+
370
R1,000,000 for 55+7.72% 7.71%
+
64
R5,000,000 for 18+7.72% 7.69%
+
907
R5,000,000 for 55+7.72% 7.71%
+
349
How to read this table?

You get a 7.44% 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 7.57%. Over 6 months you will earn R7 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+7.72% 7.88%
-
-17
R10,000 for 55+7.72% 7.88%
-
-17
R100,000 for 18+7.81% 7.92%
-
-115
R100,000 for 55+7.81% 7.94%
-
-141
R250,000 for 18+7.86% 7.92%
-
-161
R250,000 for 55+7.86% 8.00%
-
-382
R1,000,000 for 18+8.00% 7.95%
+
493
R1,000,000 for 55+8.00% 8.06%
-
-653
R5,000,000 for 18+8.00% 7.98%
+
1,273
R5,000,000 for 55+8.00% 8.05%
-
-2,769
How to read this table?

You get a 7.72% 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 7.88%. Over 12 months you will earn R17 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+7.81% 7.92%
-
-21
R10,000 for 55+7.81% 7.90%
-
-18
R100,000 for 18+7.91% 7.95%
-
-79
R100,000 for 55+7.91% 7.92%
-
-8
R250,000 for 18+7.95% 7.99%
-
-138
R250,000 for 55+7.95% 7.97%
-
-35
R1,000,000 for 18+8.09% 8.01%
+
2,168
R1,000,000 for 55+8.09% 8.03%
+
1,689
R5,000,000 for 18+8.09% 8.02%
+
9,647
R5,000,000 for 55+8.09% 7.98%
+
12,845
How to read this table?

You get a 7.81% 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 7.92%. Over 2 years you will earn R21 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+7.91% 8.06%
-
-54
R10,000 for 55+7.91% 8.05%
-
-49
R100,000 for 18+7.95% 8.12%
-
-595
R100,000 for 55+7.95% 8.07%
-
-415
R250,000 for 18+8.00% 8.16%
-
-1,418
R250,000 for 55+8.00% 8.13%
-
-1,105
R1,000,000 for 18+8.14% 8.19%
-
-1,331
R1,000,000 for 55+8.14% 8.19%
-
-1,589
R5,000,000 for 18+8.14% 8.20%
-
-8,176
R5,000,000 for 55+8.14% 8.13%
+
2,079
How to read this table?

You get a 7.91% 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 8.06%. Over 3 years you will earn R54 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+8.28% 8.77%
-
-366
R10,000 for 55+8.28% 8.70%
-
-314
R100,000 for 18+8.32% 8.78%
-
-3,440
R100,000 for 55+8.32% 8.70%
-
-2,835
R250,000 for 18+8.42% 8.81%
-
-7,409
R250,000 for 55+8.42% 8.74%
-
-6,109
R1,000,000 for 18+8.51% 8.84%
-
-24,476
R1,000,000 for 55+8.51% 8.81%
-
-22,172
R5,000,000 for 18+8.51% 8.83%
-
-116,544
R5,000,000 for 55+8.51% 8.67%
-
-63,263
How to read this table?

You get a 8.28% 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 8.77%. Over 5 years you will earn R366 less in interest at Capitec compared to the average bank.