Absa vs Standard Bank

Interest rates compared

Last updated 1st July 2025 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 4th July 2025.

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, 93 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 7% 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
Standard Bank
8.16%
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 Standard Bank, the best interest rate you can get is 8.16% for the 60-month fixed deposit. You will need a minimum deposit of R10,000 and be over the age of 55.

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

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+
7.30%
6.49%
+
20
R10,000 for 18+
7.30%
6.49%
+
20
R10,000 for 55+
7.45%
6.99%
+
12
R10,000 for 55+
7.45%
6.99%
+
12
R100,000 for 18+
7.30%
7.04%
+
66
R100,000 for 18+
7.30%
7.04%
+
66
R100,000 for 55+
7.45%
7.04%
+
104
R100,000 for 55+
7.45%
7.04%
+
104
R250,000 for 18+
7.30%
7.04%
+
166
R250,000 for 18+
7.30%
7.04%
+
166
R250,000 for 55+
7.45%
7.04%
+
260
R250,000 for 55+
7.45%
7.04%
+
260
R1,000,000 for 18+
7.30%
7.13%
+
426
R1,000,000 for 18+
7.30%
7.13%
+
426
R1,000,000 for 55+
7.45%
7.13%
+
805
R1,000,000 for 55+
7.45%
7.13%
+
805
R5,000,000 for 18+
7.30%
7.21%
+
1,184
R5,000,000 for 18+
7.30%
7.21%
+
1,184
R5,000,000 for 55+
7.45%
7.21%
+
3,077
R5,000,000 for 55+
7.45%
7.21%
+
3,077
  • 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 7.45% interest rate at Absa for a R5,000,000 investment in a 3 month fixed deposit (if you are older than 55). Standard Bank's interest rate for the same terms is 7.21%. Over 3 months you will earn R3,077 more 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+
7.65%
6.49%
+
59
R10,000 for 18+
7.65%
6.49%
+
59
R10,000 for 55+
7.70%
6.99%
+
37
R10,000 for 55+
7.70%
6.99%
+
37
R100,000 for 18+
7.65%
7.05%
+
308
R100,000 for 18+
7.65%
7.05%
+
308
R100,000 for 55+
7.70%
7.05%
+
337
R100,000 for 55+
7.70%
7.05%
+
337
R250,000 for 18+
7.65%
7.05%
+
771
R250,000 for 18+
7.65%
7.05%
+
771
R250,000 for 55+
7.70%
7.05%
+
843
R250,000 for 55+
7.70%
7.05%
+
843
R1,000,000 for 18+
7.65%
7.14%
+
2,602
R1,000,000 for 18+
7.65%
7.14%
+
2,602
R1,000,000 for 55+
7.70%
7.14%
+
2,891
R1,000,000 for 55+
7.70%
7.14%
+
2,891
R5,000,000 for 18+
7.65%
7.22%
+
11,082
R5,000,000 for 18+
7.65%
7.22%
+
11,082
R5,000,000 for 55+
7.70%
7.22%
+
12,526
R5,000,000 for 55+
7.70%
7.22%
+
12,526
  • 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 7.7% interest rate at Absa for a R5,000,000 investment in a 6 month fixed deposit (if you are older than 55). Standard Bank's interest rate for the same terms is 7.22%. Over 6 months you will earn R12,526 more 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+
7.55%
6.65%
+
96
R10,000 for 18+
7.55%
6.65%
+
96
R10,000 for 55+
7.60%
7.15%
+
48
R10,000 for 55+
7.60%
7.15%
+
48
R100,000 for 18+
7.55%
7.20%
+
380
R100,000 for 18+
7.55%
7.20%
+
380
R100,000 for 55+
7.60%
7.20%
+
430
R100,000 for 55+
7.60%
7.20%
+
430
R250,000 for 18+
7.55%
7.20%
+
950
R250,000 for 18+
7.55%
7.20%
+
950
R250,000 for 55+
7.60%
7.20%
+
1,075
R250,000 for 55+
7.60%
7.20%
+
1,075
R1,000,000 for 18+
7.55%
7.30%
+
2,700
R1,000,000 for 18+
7.55%
7.30%
+
2,700
R1,000,000 for 55+
7.60%
7.30%
+
3,200
R1,000,000 for 55+
7.60%
7.30%
+
3,200
R5,000,000 for 18+
7.55%
7.38%
+
9,500
R5,000,000 for 18+
7.55%
7.38%
+
9,500
R5,000,000 for 55+
7.60%
7.38%
+
12,000
R5,000,000 for 55+
7.60%
7.38%
+
12,000
  • 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 7.6% interest rate at Absa for a R5,000,000 investment in a 1 year fixed deposit (if you are older than 55). Standard Bank's interest rate for the same terms is 7.38%. Over 12 months you will earn R12,000 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+
7.55%
7.06%
+
114
R10,000 for 18+
7.55%
7.06%
+
114
R10,000 for 55+
7.60%
7.56%
+
9
R10,000 for 55+
7.60%
7.56%
+
9
R100,000 for 18+
7.55%
7.55%
-
0
R100,000 for 18+
7.55%
7.55%
-
0
R100,000 for 55+
7.60%
7.55%
+
108
R100,000 for 55+
7.60%
7.55%
+
108
R250,000 for 18+
7.55%
7.55%
-
0
R250,000 for 18+
7.55%
7.55%
-
0
R250,000 for 55+
7.60%
7.55%
+
270
R250,000 for 55+
7.60%
7.55%
+
270
R1,000,000 for 18+
7.55%
7.55%
-
0
R1,000,000 for 18+
7.55%
7.55%
-
0
R1,000,000 for 55+
7.60%
7.55%
+
1,078
R1,000,000 for 55+
7.60%
7.55%
+
1,078
R5,000,000 for 18+
7.55%
7.55%
-
0
R5,000,000 for 18+
7.55%
7.55%
-
0
R5,000,000 for 55+
7.60%
7.55%
+
5,392
R5,000,000 for 55+
7.60%
7.55%
+
5,392
  • 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 7.6% interest rate at Absa for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 55). Standard Bank's interest rate for the same terms is 7.55%. Over 2 years you will earn R5,392 more 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+
7.75%
7.15%
+
223
R10,000 for 18+
7.75%
7.15%
+
223
R10,000 for 55+
7.95%
7.65%
+
116
R10,000 for 55+
7.95%
7.65%
+
116
R100,000 for 18+
7.75%
7.65%
+
385
R100,000 for 18+
7.75%
7.65%
+
385
R100,000 for 55+
7.95%
7.65%
+
1,157
R100,000 for 55+
7.95%
7.65%
+
1,157
R250,000 for 18+
7.75%
7.65%
+
962
R250,000 for 18+
7.75%
7.65%
+
962
R250,000 for 55+
7.95%
7.65%
+
2,891
R250,000 for 55+
7.95%
7.65%
+
2,891
R1,000,000 for 18+
7.75%
7.65%
+
3,847
R1,000,000 for 18+
7.75%
7.65%
+
3,847
R1,000,000 for 55+
7.95%
7.65%
+
11,566
R1,000,000 for 55+
7.95%
7.65%
+
11,566
R5,000,000 for 18+
7.75%
7.65%
+
19,237
R5,000,000 for 18+
7.75%
7.65%
+
19,237
R5,000,000 for 55+
7.95%
7.65%
+
57,828
R5,000,000 for 55+
7.95%
7.65%
+
57,828
  • 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 7.95% interest rate at Absa for a R5,000,000 investment in a 3 year fixed deposit (if you are older than 55). Standard Bank's interest rate for the same terms is 7.65%. Over 3 years you will earn R57,828 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+
8.25%
7.66%
+
439
R10,000 for 18+
8.25%
7.66%
+
439
R10,000 for 55+
8.30%
8.16%
+
104
R10,000 for 55+
8.30%
8.16%
+
104
R100,000 for 18+
8.25%
8.12%
+
970
R100,000 for 18+
8.25%
8.12%
+
970
R100,000 for 55+
8.30%
8.12%
+
1,318
R100,000 for 55+
8.30%
8.12%
+
1,318
R250,000 for 18+
8.25%
8.12%
+
2,425
R250,000 for 18+
8.25%
8.12%
+
2,425
R250,000 for 55+
8.30%
8.12%
+
3,294
R250,000 for 55+
8.30%
8.12%
+
3,294
R1,000,000 for 18+
8.25%
8.12%
+
9,701
R1,000,000 for 18+
8.25%
8.12%
+
9,701
R1,000,000 for 55+
8.30%
8.12%
+
13,178
R1,000,000 for 55+
8.30%
8.12%
+
13,178
R5,000,000 for 18+
8.25%
8.12%
+
48,505
R5,000,000 for 18+
8.25%
8.12%
+
48,505
R5,000,000 for 55+
8.30%
8.12%
+
65,889
R5,000,000 for 55+
8.30%
8.12%
+
65,889
  • 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 8.3% interest rate at Absa for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 55). Standard Bank's interest rate for the same terms is 8.12%. Over 5 years you will earn R65,889 more in interest at Absa compared Standard Bank.