Absa vs Standard Bank

Interest rates compared

Last updated 1st March 2026 by Walter

Introduction

This fixed deposit comparison page compares Absa interest rates to Standard Bank interest rates. All the interest rates shown are sourced from the Absa and Standard Bank 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 Standard Bank ?

You are more likely to find better interest rates at Absa than Standard Bank. Specifically, 66 out of 100 interest rates are better at Absa than Standard Bank. This means you are more likely to find a better interest rate at Standard Bank 34% 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
Standard Bank
6.95%
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 Standard Bank, the best interest rate you can get is 6.95401962959048% for the 60-month fixed deposit. You will need a minimum deposit of R100,000 .

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

1 month fixed deposit interest rates compared

Absa vs Standard Bank

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

Investment amount Absa1Standard Bank1 Winner 2
R10,000 for 18+
6.20%
5.63%
+
5
R100,000 for 18+
6.30%
6.20%
+
8
R250,000 for 18+
6.30%
6.20%
+
21
R1,000,000 for 18+
6.35%
6.30%
+
46
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 6.30%. Over 1 months you will earn R46 more in interest at Absa compared Standard Bank.

2 month fixed deposit interest rates compared

Absa vs Standard Bank

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

Investment amount Absa1Standard Bank1 Winner 2
R10,000 for 18+
5.90%
5.63%
+
4
R100,000 for 18+
6.00%
6.21%
-
-35
R250,000 for 18+
6.00%
6.21%
-
-86
R1,000,000 for 18+
6.05%
6.30%
-
-420
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank offers more than Absa.
How to read this table?

You get a 6.05% interest rate at Absa for a R1,000,000 investment in a 2 month fixed deposit (if you are older than 18). Standard Bank's interest rate for the same terms is 6.30%. Over 2 months you will earn R420 less in interest at Absa compared Standard Bank.

3 month fixed deposit interest rates compared

Absa vs Standard Bank

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

Investment amount Absa1Standard Bank1 Winner 2
R10,000 for 18+
6.20%
5.70%
+
13
R100,000 for 18+
6.25%
6.21%
+
9
R250,000 for 18+
6.25%
6.21%
+
22
R1,000,000 for 18+
6.35%
6.31%
+
103
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 6.31%. Over 3 months you will earn R103 more in interest at Absa compared Standard Bank.

4 month fixed deposit interest rates compared

Absa vs Standard Bank

This table shows Absa's and Standard Bank's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 4 month fixed deposit.

Investment amount Absa1Standard Bank1 Winner 2
R10,000 for 18+
5.95%
5.70%
+
8
R100,000 for 18+
6.00%
6.22%
-
-75
R250,000 for 18+
6.00%
6.22%
-
-187
R1,000,000 for 18+
6.10%
6.32%
-
-731
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank offers more than Absa.
How to read this table?

You get a 6.1% interest rate at Absa for a R1,000,000 investment in a 4 month fixed deposit (if you are older than 18). Standard Bank's interest rate for the same terms is 6.32%. Over 4 months you will earn R731 less in interest at Absa compared Standard Bank.

5 month fixed deposit interest rates compared

Absa vs Standard Bank

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

Investment amount Absa1Standard Bank1 Winner 2
R100,000 for 18+
6.00%
6.23%
-
-97
R250,000 for 18+
6.00%
6.23%
-
-241
R1,000,000 for 18+
6.10%
6.32%
-
-943
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank offers more than Absa.
How to read this table?

You get a 6.1% interest rate at Absa for a R1,000,000 investment in a 5 month fixed deposit (if you are older than 18). Standard Bank's interest rate for the same terms is 6.32%. Over 5 months you will earn R943 less in interest at Absa compared Standard Bank.

6 month fixed deposit interest rates compared

Absa vs Standard Bank

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

Investment amount Absa1Standard Bank1 Winner 2
R10,000 for 18+
6.65%
5.72%
+
48
R100,000 for 18+
6.75%
6.23%
+
265
R250,000 for 18+
6.75%
6.23%
+
663
R1,000,000 for 18+
6.75%
6.33%
+
2,167
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 6.33%. Over 6 months you will earn R2,167 more in interest at Absa compared Standard Bank.

7 month fixed deposit interest rates compared

Absa vs Standard Bank

This table shows Absa's and Standard Bank's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 7 month fixed deposit.

Investment amount Absa1Standard Bank1 Winner 2
R100,000 for 18+
6.25%
6.24%
+
6
R250,000 for 18+
6.25%
6.24%
+
16
R1,000,000 for 18+
6.30%
6.33%
-
-204
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank offers more than Absa.
How to read this table?

You get a 6.3% interest rate at Absa for a R1,000,000 investment in a 7 month fixed deposit (if you are older than 18). Standard Bank's interest rate for the same terms is 6.33%. Over 7 months you will earn R204 less in interest at Absa compared Standard Bank.

8 month fixed deposit interest rates compared

Absa vs Standard Bank

This table shows Absa's and Standard Bank's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 8 month fixed deposit.

Investment amount Absa1Standard Bank1 Winner 2
R100,000 for 18+
6.25%
6.25%
+
3
R250,000 for 18+
6.25%
6.25%
+
8
R1,000,000 for 18+
6.30%
6.34%
-
-273
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank offers more than Absa.
How to read this table?

You get a 6.3% interest rate at Absa for a R1,000,000 investment in a 8 month fixed deposit (if you are older than 18). Standard Bank's interest rate for the same terms is 6.34%. Over 8 months you will earn R273 less in interest at Absa compared Standard Bank.

9 month fixed deposit interest rates compared

Absa vs Standard Bank

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

Investment amount Absa1Standard Bank1 Winner 2
R10,000 for 18+
6.55%
5.72%
+
65
R100,000 for 18+
6.60%
6.25%
+
273
R250,000 for 18+
6.60%
6.25%
+
683
R1,000,000 for 18+
6.60%
6.35%
+
1,995
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 6.35%. Over 9 months you will earn R1,995 more in interest at Absa compared Standard Bank.

10 month fixed deposit interest rates compared

Absa vs Standard Bank

This table shows Absa's and Standard Bank's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 10 month fixed deposit.

Investment amount Absa1Standard Bank1 Winner 2
R100,000 for 18+
6.25%
6.26%
-
-6
R250,000 for 18+
6.25%
6.26%
-
-14
R1,000,000 for 18+
6.30%
6.35%
-
-444
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank offers more than Absa.
How to read this table?

You get a 6.3% interest rate at Absa for a R1,000,000 investment in a 10 month fixed deposit (if you are older than 18). Standard Bank's interest rate for the same terms is 6.35%. Over 10 months you will earn R444 less in interest at Absa compared Standard Bank.

11 month fixed deposit interest rates compared

Absa vs Standard Bank

This table shows Absa's and Standard Bank's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 11 month fixed deposit.

Investment amount Absa1Standard Bank1 Winner 2
R100,000 for 18+
6.20%
6.28%
-
-81
R250,000 for 18+
6.20%
6.28%
-
-202
R1,000,000 for 18+
6.25%
6.38%
-
-1,238
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank offers more than Absa.
How to read this table?

You get a 6.25% interest rate at Absa for a R1,000,000 investment in a 11 month fixed deposit (if you are older than 18). Standard Bank's interest rate for the same terms is 6.38%. Over 11 months you will earn R1,238 less in interest at Absa compared Standard Bank.

1 year fixed deposit interest rates compared

Absa vs Standard Bank

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

Investment amount Absa1Standard Bank1 Winner 2
R10,000 for 18+
6.75%
5.79%
+
101
R100,000 for 18+
7.01%
6.29%
+
766
R250,000 for 18+
7.01%
6.29%
+
1,914
R1,000,000 for 18+
7.01%
6.38%
+
6,657
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 6.38%. Over 12 months you will earn R6,657 more in interest at Absa compared Standard Bank.

1.5 year fixed deposit interest rates compared

Absa vs Standard Bank

This table shows Absa's and Standard Bank's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1.5 year fixed deposit.

Investment amount Absa1Standard Bank1 Winner 2
R10,000 for 18+
6.55%
6.08%
+
77
R100,000 for 18+
6.65%
6.56%
+
150
R250,000 for 18+
6.65%
6.56%
+
374
R1,000,000 for 18+
6.75%
6.56%
+
3,145
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank 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 1.5 year fixed deposit (if you are older than 18). Standard Bank's interest rate for the same terms is 6.56%. Over 1.5 years you will earn R3,145 more in interest at Absa compared Standard Bank.

2 year fixed deposit interest rates compared

Absa vs Standard Bank

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

Investment amount Absa1Standard Bank1 Winner 2
R10,000 for 18+
6.50%
6.12%
+
87
R100,000 for 18+
6.50%
6.60%
-
-220
R250,000 for 18+
6.50%
6.60%
-
-549
R1,000,000 for 18+
6.55%
6.60%
-
-1,062
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 6.60%. Over 2 years you will earn R1,062 less in interest at Absa compared Standard Bank.

3 year fixed deposit interest rates compared

Absa vs Standard Bank

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

Investment amount Absa1Standard Bank1 Winner 2
R10,000 for 18+
6.65%
6.20%
+
162
R100,000 for 18+
6.75%
6.66%
+
318
R250,000 for 18+
6.75%
6.66%
+
796
R1,000,000 for 18+
6.85%
6.66%
+
6,838
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 6.66%. Over 3 years you will earn R6,838 more in interest at Absa compared Standard Bank.

5 year fixed deposit interest rates compared

Absa vs Standard Bank

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

Investment amount Absa1Standard Bank1 Winner 2
R10,000 for 18+
7.15%
6.54%
+
426
R100,000 for 18+
7.20%
6.95%
+
1,740
R250,000 for 18+
7.20%
6.95%
+
4,350
R1,000,000 for 18+
7.20%
6.95%
+
17,400
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 6.95%. Over 5 years you will earn R17,400 more in interest at Absa compared Standard Bank.

How do Absa interest rates compare to other banks?