Absa vs Capitec

Interest rates compared

Last updated 1st July 2025 by Walter

Introduction

This fixed deposit comparison page compares Absa interest rates to Capitec interest rates. All the interest rates shown are sourced from the Absa and Capitec websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 4th July 2025.

How do Absa fixed deposit interest rates compare to Capitec ?

You are more likely to find better interest rates at Absa than Capitec. Specifically, 70 out of 100 interest rates are better at Absa than Capitec. This means you are more likely to find a better interest rate at Capitec 30% of the time. (PS this was done by comparing all the interest rates on offer for different terms, investment amounts and age groups. Only terms which are offered by both banks are included in the comparison)

Absa
8.30%
best rate
Capitec
8.28%
best rate

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. Whilst at Capitec, the best interest rate you can get is 8.28% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 .

But how do interest rates at Absa compare to Capitec across different terms and investment amounts?

6 month fixed deposit interest rates compared

Absa vs Capitec

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

Investment amount Absa1Capitec1 Winner 2
R10,000 for 18+
7.65%
7.35%
+
15
R10,000 for 18+
7.65%
7.35%
+
15
R10,000 for 55+
7.70%
7.35%
+
18
R10,000 for 55+
7.70%
7.35%
+
18
R100,000 for 18+
7.65%
7.39%
+
130
R100,000 for 18+
7.65%
7.39%
+
130
R100,000 for 55+
7.70%
7.39%
+
159
R100,000 for 55+
7.70%
7.39%
+
159
R250,000 for 18+
7.65%
7.44%
+
265
R250,000 for 18+
7.65%
7.44%
+
265
R250,000 for 55+
7.70%
7.44%
+
337
R250,000 for 55+
7.70%
7.44%
+
337
R1,000,000 for 18+
7.65%
7.53%
+
578
R1,000,000 for 18+
7.65%
7.53%
+
578
R1,000,000 for 55+
7.70%
7.53%
+
866
R1,000,000 for 55+
7.70%
7.53%
+
866
R5,000,000 for 18+
7.65%
7.53%
+
2,889
R5,000,000 for 18+
7.65%
7.53%
+
2,889
R5,000,000 for 55+
7.70%
7.53%
+
4,332
R5,000,000 for 55+
7.70%
7.53%
+
4,332
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Capitec.
    A negative amount means that Capitec offers more than Absa.
How to read this table?

You get a 7.7% interest rate at Absa for a R5,000,000 investment in a 6 month fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 7.53%. Over 6 months you will earn R4,332 more in interest at Absa compared Capitec.

1 year fixed deposit interest rates compared

Absa vs Capitec

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

Investment amount Absa1Capitec1 Winner 2
R10,000 for 18+
7.55%
7.44%
+
12
R10,000 for 18+
7.55%
7.44%
+
12
R10,000 for 55+
7.60%
7.44%
+
17
R10,000 for 55+
7.60%
7.44%
+
17
R100,000 for 18+
7.55%
7.49%
+
70
R100,000 for 18+
7.55%
7.49%
+
70
R100,000 for 55+
7.60%
7.49%
+
120
R100,000 for 55+
7.60%
7.49%
+
120
R250,000 for 18+
7.55%
7.53%
+
50
R250,000 for 18+
7.55%
7.53%
+
50
R250,000 for 55+
7.60%
7.53%
+
175
R250,000 for 55+
7.60%
7.53%
+
175
R1,000,000 for 18+
7.55%
7.63%
-
-800
R1,000,000 for 18+
7.55%
7.63%
-
-800
R1,000,000 for 55+
7.60%
7.63%
-
-300
R1,000,000 for 55+
7.60%
7.63%
-
-300
R5,000,000 for 18+
7.55%
7.63%
-
-4,000
R5,000,000 for 18+
7.55%
7.63%
-
-4,000
R5,000,000 for 55+
7.60%
7.63%
-
-1,500
R5,000,000 for 55+
7.60%
7.63%
-
-1,500
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Capitec.
    A negative amount means that Capitec offers more than Absa.
How to read this table?

You get a 7.6% interest rate at Absa for a R5,000,000 investment in a 1 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 7.63%. Over 12 months you will earn R1,500 less in interest at Absa compared Capitec.

2 year fixed deposit interest rates compared

Absa vs Capitec

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

Investment amount Absa1Capitec1 Winner 2
R10,000 for 18+
7.55%
7.53%
+
4
R10,000 for 18+
7.55%
7.53%
+
4
R10,000 for 55+
7.60%
7.53%
+
15
R10,000 for 55+
7.60%
7.53%
+
15
R100,000 for 18+
7.55%
7.58%
-
-65
R100,000 for 18+
7.55%
7.58%
-
-65
R100,000 for 55+
7.60%
7.58%
+
43
R100,000 for 55+
7.60%
7.58%
+
43
R250,000 for 18+
7.55%
7.63%
-
-431
R250,000 for 18+
7.55%
7.63%
-
-431
R250,000 for 55+
7.60%
7.63%
-
-162
R250,000 for 55+
7.60%
7.63%
-
-162
R1,000,000 for 18+
7.55%
7.72%
-
-3,885
R1,000,000 for 18+
7.55%
7.72%
-
-3,885
R1,000,000 for 55+
7.60%
7.72%
-
-2,806
R1,000,000 for 55+
7.60%
7.72%
-
-2,806
R5,000,000 for 18+
7.55%
7.72%
-
-19,424
R5,000,000 for 18+
7.55%
7.72%
-
-19,424
R5,000,000 for 55+
7.60%
7.72%
-
-14,032
R5,000,000 for 55+
7.60%
7.72%
-
-14,032
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Capitec.
    A negative amount means that Capitec offers more than Absa.
How to read this table?

You get a 7.6% interest rate at Absa for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 7.72%. Over 2 years you will earn R14,032 less in interest at Absa compared Capitec.

3 year fixed deposit interest rates compared

Absa vs Capitec

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

Investment amount Absa1Capitec1 Winner 2
R10,000 for 18+
7.75%
7.58%
+
63
R10,000 for 18+
7.75%
7.58%
+
63
R10,000 for 55+
7.95%
7.58%
+
140
R10,000 for 55+
7.95%
7.58%
+
140
R100,000 for 18+
7.75%
7.63%
+
455
R100,000 for 18+
7.75%
7.63%
+
455
R100,000 for 55+
7.95%
7.63%
+
1,226
R100,000 for 55+
7.95%
7.63%
+
1,226
R250,000 for 18+
7.75%
7.67%
+
700
R250,000 for 18+
7.75%
7.67%
+
700
R250,000 for 55+
7.95%
7.67%
+
2,629
R250,000 for 55+
7.95%
7.67%
+
2,629
R1,000,000 for 18+
7.75%
7.77%
-
-700
R1,000,000 for 18+
7.75%
7.77%
-
-700
R1,000,000 for 55+
7.95%
7.77%
+
7,018
R1,000,000 for 55+
7.95%
7.77%
+
7,018
R5,000,000 for 18+
7.75%
7.77%
-
-3,502
R5,000,000 for 18+
7.75%
7.77%
-
-3,502
R5,000,000 for 55+
7.95%
7.77%
+
35,089
R5,000,000 for 55+
7.95%
7.77%
+
35,089
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Capitec.
    A negative amount means that Capitec offers more than Absa.
How to read this table?

You get a 7.95% interest rate at Absa for a R5,000,000 investment in a 3 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 7.77%. Over 3 years you will earn R35,089 more in interest at Absa compared Capitec.

5 year fixed deposit interest rates compared

Absa vs Capitec

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

Investment amount Absa1Capitec1 Winner 2
R10,000 for 18+
8.25%
8.00%
+
187
R10,000 for 18+
8.25%
8.00%
+
187
R10,000 for 55+
8.30%
8.00%
+
221
R10,000 for 55+
8.30%
8.00%
+
221
R100,000 for 18+
8.25%
8.09%
+
1,177
R100,000 for 18+
8.25%
8.09%
+
1,177
R100,000 for 55+
8.30%
8.09%
+
1,525
R100,000 for 55+
8.30%
8.09%
+
1,525
R250,000 for 18+
8.25%
8.19%
+
1,214
R250,000 for 18+
8.25%
8.19%
+
1,214
R250,000 for 55+
8.30%
8.19%
+
2,083
R250,000 for 55+
8.30%
8.19%
+
2,083
R1,000,000 for 18+
8.25%
8.28%
-
-2,085
R1,000,000 for 18+
8.25%
8.28%
-
-2,085
R1,000,000 for 55+
8.30%
8.28%
+
1,391
R1,000,000 for 55+
8.30%
8.28%
+
1,391
R5,000,000 for 18+
8.25%
8.28%
-
-10,427
R5,000,000 for 18+
8.25%
8.28%
-
-10,427
R5,000,000 for 55+
8.30%
8.28%
+
6,957
R5,000,000 for 55+
8.30%
8.28%
+
6,957
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Capitec.
    A negative amount means that Capitec offers more than Absa.
How to read this table?

You get a 8.3% interest rate at Absa for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 8.28%. Over 5 years you will earn R6,957 more in interest at Absa compared Capitec.