Absa vs Standard Bank

Interest rates compared

Last updated 2nd June 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 2nd June 2026.

How do Absa fixed deposit interest rates compare to Standard Bank ?

You are more likely to find better interest rates at Standard Bank than Absa. Specifically, 42 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 58% 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
8.05%
best rate
Standard Bank
7.88%
best rate

The best interest rate you can get at Absa is 8.05% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 . Whilst at Standard Bank, the best interest rate you can get is 7.8791421258871175% 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%
5.76%
+
4
R100,000 for 18+
6.30%
6.46%
-
-13
R250,000 for 18+
6.30%
6.46%
-
-33
R1,000,000 for 18+
6.35%
6.55%
-
-170
  • 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 6.55%. Over 1 months you will earn R170 less 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%
5.78%
+
2
R100,000 for 18+
6.00%
6.54%
-
-90
R250,000 for 18+
6.00%
6.54%
-
-224
R1,000,000 for 18+
6.05%
6.63%
-
-971
  • 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 6.63%. Over 2 months you will earn R971 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%
5.78%
+
10
R100,000 for 18+
6.25%
6.59%
-
-85
R250,000 for 18+
6.25%
6.59%
-
-212
R1,000,000 for 18+
6.35%
6.68%
-
-833
  • 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 6.68%. Over 3 months you will earn R833 less 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%
5.78%
+
6
R100,000 for 18+
6.00%
6.59%
-
-200
R250,000 for 18+
6.00%
6.59%
-
-500
R1,000,000 for 18+
6.10%
6.68%
-
-1,979
  • 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 6.68%. Over 4 months you will earn R1,979 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%
6.59%
-
-253
R250,000 for 18+
6.00%
6.59%
-
-633
R1,000,000 for 18+
6.10%
6.69%
-
-2,507
  • 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 6.69%. Over 5 months you will earn R2,507 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+
6.80%
5.96%
+
43
R100,000 for 18+
7.10%
6.62%
+
246
R250,000 for 18+
7.10%
6.62%
+
616
R1,000,000 for 18+
7.10%
6.72%
+
1,979
  • 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 7.1% 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 6.72%. Over 6 months you will earn R1,979 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%
6.69%
-
-267
R250,000 for 18+
6.25%
6.69%
-
-668
R1,000,000 for 18+
6.30%
6.79%
-
-2,940
  • 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 6.79%. Over 7 months you will earn R2,940 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%
6.81%
-
-387
R250,000 for 18+
6.25%
6.81%
-
-968
R1,000,000 for 18+
6.30%
6.90%
-
-4,180
  • 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 6.90%. Over 8 months you will earn R4,180 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+
6.65%
5.96%
+
54
R100,000 for 18+
7.15%
6.84%
+
247
R250,000 for 18+
7.15%
6.84%
+
617
R1,000,000 for 18+
7.15%
6.93%
+
1,732
  • 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 7.15% 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 6.93%. Over 9 months you will earn R1,732 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%
6.93%
-
-592
R250,000 for 18+
6.25%
6.93%
-
-1,479
R1,000,000 for 18+
6.30%
7.02%
-
-6,304
  • 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 7.02%. Over 10 months you will earn R6,304 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%
6.99%
-
-769
R250,000 for 18+
6.20%
6.99%
-
-1,923
R1,000,000 for 18+
6.25%
7.09%
-
-8,121
  • 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 7.09%. Over 11 months you will earn R8,121 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+
7.20%
6.45%
+
80
R100,000 for 18+
7.30%
7.35%
-
-51
R250,000 for 18+
7.30%
7.35%
-
-127
R1,000,000 for 18+
7.30%
7.40%
-
-1,107
  • 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 7.3% 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 7.40%. Over 12 months you will earn R1,107 less 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+
7.30%
6.81%
+
81
R100,000 for 18+
7.50%
7.43%
+
114
R250,000 for 18+
7.50%
7.43%
+
285
R1,000,000 for 18+
7.60%
7.43%
+
2,809
  • 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 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 7.43%. Over 1.5 years you will earn R2,809 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+
7.50%
6.92%
+
134
R100,000 for 18+
7.50%
7.52%
-
-36
R250,000 for 18+
7.50%
7.52%
-
-90
R1,000,000 for 18+
7.60%
7.52%
+
1,950
  • 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 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 7.52%. Over 2 years you will earn R1,950 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+
7.50%
7.04%
+
171
R100,000 for 18+
7.60%
7.64%
-
-138
R250,000 for 18+
7.60%
7.64%
-
-346
R1,000,000 for 18+
7.80%
7.64%
+
6,123
  • 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 7.8% 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 7.64%. Over 3 years you will earn R6,123 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+
7.70%
7.32%
+
275
R100,000 for 18+
7.90%
7.88%
+
154
R250,000 for 18+
7.90%
7.88%
+
384
R1,000,000 for 18+
8.05%
7.88%
+
12,621
  • 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 8.05% 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 7.88%. Over 5 years you will earn R12,621 more in interest at Absa compared Standard Bank.

How do Absa interest rates compare to other banks?