Absa
vs
Sasfin
Interest rates compared
Introduction
This fixed deposit comparison page compares Absa interest rates to Sasfin interest rates. All the interest rates shown are sourced from the Absa and Sasfin 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 Sasfin ?
You are more likely to find better interest rates at Sasfin than Absa. Specifically, 19 out of 100 interest rates are better at Absa than Sasfin. This means you are more likely to find a better interest rate at Sasfin 81% 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)
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 Sasfin, the best interest rate you can get is 10% for the 60-month fixed deposit. You will need a minimum deposit of R20,000 .
But how do interest rates at Absa compare to Sasfin across different terms and investment amounts?
6 month fixed deposit interest rates compared
This table shows Absa's and Sasfin's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 6 month fixed deposit.
| Investment amount | Absa1 | Sasfin1 | Winner 2 |
|---|---|---|---|
| R100,000 for 18+ | 8.40% | 8.35% | + 24 |
| R100,000 for 18+ | 8.35% | 8.35% | - 0 |
| R100,000 for 55+ | 8.45% | 8.35% | + 53 |
| R100,000 for 55+ | 8.40% | 8.35% | + 24 |
| R250,000 for 18+ | 8.40% | 8.35% | + 60 |
| R250,000 for 18+ | 8.35% | 8.35% | - 0 |
| R250,000 for 55+ | 8.45% | 8.35% | + 132 |
| R250,000 for 55+ | 8.40% | 8.35% | + 60 |
| R1,000,000 for 18+ | 8.40% | 8.35% | + 240 |
| R1,000,000 for 18+ | 8.35% | 8.35% | - 0 |
| R1,000,000 for 55+ | 8.45% | 8.35% | + 527 |
| R1,000,000 for 55+ | 8.40% | 8.35% | + 240 |
| R5,000,000 for 18+ | 8.40% | 8.35% | + 1,199 |
| R5,000,000 for 18+ | 8.35% | 8.35% | - 0 |
| R5,000,000 for 55+ | 8.45% | 8.35% | + 2,637 |
| R5,000,000 for 55+ | 8.40% | 8.35% | + 1,199 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Absa over and above Sasfin.
A negative amount means that Sasfin offers more than Absa.
You get a 8.4% interest rate at Absa for a R5,000,000 investment in a 6 month fixed deposit (if you are older than 55). Sasfin's interest rate for the same terms is 8.35%. Over 6 months you will earn R1,199 more in interest at Absa compared Sasfin.
1 year fixed deposit interest rates compared
This table shows Absa's and Sasfin's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1 year fixed deposit.
| Investment amount | Absa1 | Sasfin1 | Winner 2 |
|---|---|---|---|
| R100,000 for 18+ | 8.95% | 9.06% | - -120 |
| R100,000 for 18+ | 8.25% | 9.06% | - -880 |
| R100,000 for 55+ | 8.85% | 9.06% | - -230 |
| R100,000 for 55+ | 8.30% | 9.06% | - -830 |
| R250,000 for 18+ | 8.95% | 9.06% | - -300 |
| R250,000 for 18+ | 8.25% | 9.06% | - -2,200 |
| R250,000 for 55+ | 8.85% | 9.06% | - -575 |
| R250,000 for 55+ | 8.30% | 9.06% | - -2,075 |
| R1,000,000 for 18+ | 8.95% | 9.06% | - -1,200 |
| R1,000,000 for 18+ | 8.25% | 9.06% | - -8,800 |
| R1,000,000 for 55+ | 8.85% | 9.06% | - -2,300 |
| R1,000,000 for 55+ | 8.30% | 9.06% | - -8,300 |
| R5,000,000 for 18+ | 8.95% | 9.06% | - -6,000 |
| R5,000,000 for 18+ | 8.25% | 9.06% | - -44,000 |
| R5,000,000 for 55+ | 8.85% | 9.06% | - -11,500 |
| R5,000,000 for 55+ | 8.30% | 9.06% | - -41,500 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Absa over and above Sasfin.
A negative amount means that Sasfin offers more than Absa.
You get a 8.3% interest rate at Absa for a R5,000,000 investment in a 1 year fixed deposit (if you are older than 55). Sasfin's interest rate for the same terms is 9.06%. Over 12 months you will earn R41,500 less in interest at Absa compared Sasfin.
3 year fixed deposit interest rates compared
This table shows Absa's and Sasfin's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit.
| Investment amount | Absa1 | Sasfin1 | Winner 2 |
|---|---|---|---|
| R100,000 for 18+ | 8.10% | 9.70% | - -6,198 |
| R100,000 for 18+ | 8.05% | 9.70% | - -6,409 |
| R100,000 for 55+ | 8.15% | 9.70% | - -6,021 |
| R100,000 for 55+ | 8.10% | 9.70% | - -6,198 |
| R250,000 for 18+ | 8.10% | 9.70% | - -15,494 |
| R250,000 for 18+ | 8.05% | 9.70% | - -16,022 |
| R250,000 for 55+ | 8.15% | 9.70% | - -15,053 |
| R250,000 for 55+ | 8.10% | 9.70% | - -15,494 |
| R1,000,000 for 18+ | 8.10% | 9.70% | - -61,975 |
| R1,000,000 for 18+ | 8.05% | 9.70% | - -64,090 |
| R1,000,000 for 55+ | 8.15% | 9.70% | - -60,211 |
| R1,000,000 for 55+ | 8.10% | 9.70% | - -61,975 |
| R5,000,000 for 18+ | 8.10% | 9.70% | - -309,876 |
| R5,000,000 for 18+ | 8.05% | 9.70% | - -320,448 |
| R5,000,000 for 55+ | 8.15% | 9.70% | - -301,057 |
| R5,000,000 for 55+ | 8.10% | 9.70% | - -309,876 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Absa over and above Sasfin.
A negative amount means that Sasfin offers more than Absa.
You get a 8.1% interest rate at Absa for a R5,000,000 investment in a 3 year fixed deposit (if you are older than 55). Sasfin's interest rate for the same terms is 9.70%. Over 3 years you will earn R309,876 less in interest at Absa compared Sasfin.
5 year fixed deposit interest rates compared
This table shows Absa's and Sasfin's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 5 year fixed deposit.
| Investment amount | Absa1 | Sasfin1 | Winner 2 |
|---|---|---|---|
| R100,000 for 18+ | 8.65% | 10.00% | - -10,659 |
| R100,000 for 18+ | 8.60% | 10.00% | - -11,011 |
| R100,000 for 55+ | 8.70% | 10.00% | - -10,235 |
| R100,000 for 55+ | 8.65% | 10.00% | - -10,659 |
| R250,000 for 18+ | 8.65% | 10.00% | - -26,647 |
| R250,000 for 18+ | 8.60% | 10.00% | - -27,528 |
| R250,000 for 55+ | 8.70% | 10.00% | - -25,587 |
| R250,000 for 55+ | 8.65% | 10.00% | - -26,647 |
| R1,000,000 for 18+ | 8.65% | 10.00% | - -106,588 |
| R1,000,000 for 18+ | 8.60% | 10.00% | - -110,113 |
| R1,000,000 for 55+ | 8.70% | 10.00% | - -102,348 |
| R1,000,000 for 55+ | 8.65% | 10.00% | - -106,588 |
| R5,000,000 for 18+ | 8.65% | 10.00% | - -532,938 |
| R5,000,000 for 18+ | 8.60% | 10.00% | - -550,567 |
| R5,000,000 for 55+ | 8.70% | 10.00% | - -511,741 |
| R5,000,000 for 55+ | 8.65% | 10.00% | - -532,938 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Absa over and above Sasfin.
A negative amount means that Sasfin offers more than Absa.
You get a 8.65% interest rate at Absa for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 55). Sasfin's interest rate for the same terms is 10.00%. Over 5 years you will earn R532,938 less in interest at Absa compared Sasfin.
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