Absa vs SA Retail Bonds

Interest rates compared

Last updated 1st November 2024 by Walter

Introduction

This fixed deposit comparison page compares Absa interest rates to SA Retail Bonds interest rates. All the interest rates shown are sourced from the Absa and SA Retail Bonds websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 1st November 2024.

How do Absa fixed deposit interest rates compare to SA Retail Bonds ?

You are more likely to find better interest rates at SA Retail Bonds than Absa. Specifically, 0 out of 100 interest rates are better at Absa than SA Retail Bonds. This means you are more likely to find a better interest rate at SA Retail Bonds 100% 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
8.95%
best rate
SA Retail Bonds
10.25%
best rate

The best interest rate you can get at Absa is 8.95% for the 12-month fixed deposit. You will need a minimum deposit of R1,000 . Whilst at SA Retail Bonds, the best interest rate you can get is 10.25% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 .

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

2 year fixed deposit interest rates compared

Absa vs SA Retail Bonds

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

Investment amount Absa1SA Retail Bonds1 Winner 2
R10,000 for 18+
8.00%
9.00%
-
-196
R10,000 for 18+
8.00%
9.00%
-
-196
R10,000 for 55+
8.05%
9.00%
-
-185
R10,000 for 55+
8.05%
9.00%
-
-185
R100,000 for 18+
8.00%
9.00%
-
-1,957
R100,000 for 18+
8.00%
9.00%
-
-1,957
R100,000 for 55+
8.05%
9.00%
-
-1,849
R100,000 for 55+
8.05%
9.00%
-
-1,849
R250,000 for 18+
8.00%
9.00%
-
-4,894
R250,000 for 18+
8.00%
9.00%
-
-4,894
R250,000 for 55+
8.05%
9.00%
-
-4,623
R250,000 for 55+
8.05%
9.00%
-
-4,623
R1,000,000 for 18+
8.00%
9.00%
-
-19,575
R1,000,000 for 18+
8.00%
9.00%
-
-19,575
R1,000,000 for 55+
8.05%
9.00%
-
-18,492
R1,000,000 for 55+
8.05%
9.00%
-
-18,492
R5,000,000 for 18+
8.00%
9.00%
-
-97,875
R5,000,000 for 18+
8.00%
9.00%
-
-97,875
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than Absa.
How to read this table?

You get a 8% interest rate at Absa for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 18). SA Retail Bonds's interest rate for the same terms is 9.00%. Over 2 years you will earn R97,875 less in interest at Absa compared SA Retail Bonds.

3 year fixed deposit interest rates compared

Absa vs SA Retail Bonds

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

Investment amount Absa1SA Retail Bonds1 Winner 2
R10,000 for 18+
8.10%
9.25%
-
-374
R10,000 for 18+
8.05%
9.25%
-
-395
R10,000 for 55+
8.15%
9.25%
-
-356
R10,000 for 55+
8.10%
9.25%
-
-374
R100,000 for 18+
8.10%
9.25%
-
-3,738
R100,000 for 18+
8.05%
9.25%
-
-3,950
R100,000 for 55+
8.15%
9.25%
-
-3,562
R100,000 for 55+
8.10%
9.25%
-
-3,738
R250,000 for 18+
8.10%
9.25%
-
-9,345
R250,000 for 18+
8.05%
9.25%
-
-9,874
R250,000 for 55+
8.15%
9.25%
-
-8,904
R250,000 for 55+
8.10%
9.25%
-
-9,345
R1,000,000 for 18+
8.10%
9.25%
-
-37,381
R1,000,000 for 18+
8.05%
9.25%
-
-39,495
R1,000,000 for 55+
8.15%
9.25%
-
-35,617
R1,000,000 for 55+
8.10%
9.25%
-
-37,381
R5,000,000 for 18+
8.10%
9.25%
-
-186,904
R5,000,000 for 18+
8.05%
9.25%
-
-197,476
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than Absa.
How to read this table?

You get a 8.05% interest rate at Absa for a R5,000,000 investment in a 3 year fixed deposit (if you are older than 18). SA Retail Bonds's interest rate for the same terms is 9.25%. Over 3 years you will earn R197,476 less in interest at Absa compared SA Retail Bonds.

5 year fixed deposit interest rates compared

Absa vs SA Retail Bonds

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

Investment amount Absa1SA Retail Bonds1 Winner 2
R10,000 for 18+
8.65%
10.25%
-
-1,096
R10,000 for 18+
8.60%
10.25%
-
-1,131
R10,000 for 55+
8.70%
10.25%
-
-1,053
R10,000 for 55+
8.65%
10.25%
-
-1,096
R100,000 for 18+
8.65%
10.25%
-
-10,957
R100,000 for 18+
8.60%
10.25%
-
-11,309
R100,000 for 55+
8.70%
10.25%
-
-10,533
R100,000 for 55+
8.65%
10.25%
-
-10,957
R250,000 for 18+
8.65%
10.25%
-
-27,392
R250,000 for 18+
8.60%
10.25%
-
-28,274
R250,000 for 55+
8.70%
10.25%
-
-26,332
R250,000 for 55+
8.65%
10.25%
-
-27,392
R1,000,000 for 18+
8.65%
10.25%
-
-109,568
R1,000,000 for 18+
8.60%
10.25%
-
-113,094
R1,000,000 for 55+
8.70%
10.25%
-
-105,329
R1,000,000 for 55+
8.65%
10.25%
-
-109,568
R5,000,000 for 18+
8.65%
10.25%
-
-547,842
R5,000,000 for 18+
8.60%
10.25%
-
-565,471
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than Absa.
How to read this table?

You get a 8.6% interest rate at Absa for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 18). SA Retail Bonds's interest rate for the same terms is 10.25%. Over 5 years you will earn R565,471 less in interest at Absa compared SA Retail Bonds.