Absa vs FNB

Interest rates compared

Last updated 1st March 2026 by Walter

Introduction

This fixed deposit comparison page compares Absa interest rates to FNB interest rates. All the interest rates shown are sourced from the Absa and FNB websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 1st March 2026.

How do Absa fixed deposit interest rates compare to FNB ?

You are more likely to find better interest rates at Absa than FNB. Specifically, 91 out of 100 interest rates are better at Absa than FNB. This means you are more likely to find a better interest rate at FNB 9% 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
7.20%
best rate
FNB
7.20%
best rate

The best interest rate you can get at Absa is 7.2% for the 60-month fixed deposit. You will need a minimum deposit of R100,000 . Whilst at FNB, the best interest rate you can get is 7.2% 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 FNB across different terms and investment amounts?

1 month fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
6.20%
5.65%
+
5
R100,000 for 18+
6.30%
5.65%
+
54
R250,000 for 18+
6.30%
5.75%
+
115
R1,000,000 for 18+
6.35%
6.00%
+
292
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 6.35% interest rate at Absa for a R1,000,000 investment in a 1 month fixed deposit (if you are older than 18). FNB's interest rate for the same terms is 6.00%. Over 1 months you will earn R292 more in interest at Absa compared FNB.

3 month fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
6.20%
5.90%
+
8
R100,000 for 18+
6.25%
5.90%
+
88
R250,000 for 18+
6.25%
6.00%
+
158
R1,000,000 for 18+
6.35%
6.20%
+
379
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 6.35% interest rate at Absa for a R1,000,000 investment in a 3 month fixed deposit (if you are older than 18). FNB's interest rate for the same terms is 6.20%. Over 3 months you will earn R379 more in interest at Absa compared FNB.

6 month fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
6.65%
6.15%
+
26
R100,000 for 18+
6.75%
6.15%
+
308
R250,000 for 18+
6.75%
6.25%
+
642
R1,000,000 for 18+
6.75%
6.45%
+
1,542
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 6.75% interest rate at Absa for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 18). FNB's interest rate for the same terms is 6.45%. Over 6 months you will earn R1,542 more in interest at Absa compared FNB.

9 month fixed deposit interest rates compared

Absa vs FNB

This table shows Absa's and FNB's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 9 month fixed deposit.

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
6.55%
6.25%
+
23
R100,000 for 18+
6.60%
6.25%
+
274
R250,000 for 18+
6.60%
6.35%
+
489
R1,000,000 for 18+
6.60%
6.55%
+
392
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 6.6% interest rate at Absa for a R1,000,000 investment in a 9 month fixed deposit (if you are older than 18). FNB's interest rate for the same terms is 6.55%. Over 9 months you will earn R392 more in interest at Absa compared FNB.

1 year fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
6.75%
6.50%
+
27
R100,000 for 18+
7.01%
6.50%
+
542
R250,000 for 18+
7.01%
6.60%
+
1,091
R1,000,000 for 18+
7.01%
6.80%
+
2,237
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 7.01% interest rate at Absa for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 18). FNB's interest rate for the same terms is 6.80%. Over 12 months you will earn R2,237 more in interest at Absa compared FNB.

2 year fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
6.50%
6.40%
+
23
R100,000 for 18+
6.50%
6.40%
+
226
R250,000 for 18+
6.50%
6.50%
-
0
R1,000,000 for 18+
6.55%
6.70%
-
-3,405
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 6.55% interest rate at Absa for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). FNB's interest rate for the same terms is 6.70%. Over 2 years you will earn R3,405 less in interest at Absa compared FNB.

3 year fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
6.65%
6.50%
+
54
R100,000 for 18+
6.75%
6.50%
+
909
R250,000 for 18+
6.75%
6.60%
+
1,366
R1,000,000 for 18+
6.85%
6.80%
+
1,829
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 6.85% interest rate at Absa for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 18). FNB's interest rate for the same terms is 6.80%. Over 3 years you will earn R1,829 more in interest at Absa compared FNB.

5 year fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
7.15%
6.90%
+
176
R100,000 for 18+
7.20%
6.90%
+
2,119
R250,000 for 18+
7.20%
7.00%
+
3,541
R1,000,000 for 18+
7.20%
7.20%
-
0
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 7.2% interest rate at Absa for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). FNB's interest rate for the same terms is 7.20%. Over 5 years you will earn R0 less in interest at Absa compared FNB.

How do Absa interest rates compare to other banks?