Access Bank Plc vs Discovery

Interest rates compared

Last updated 2nd October 2026 by Walter

Introduction

This fixed deposit comparison page compares Access Bank Plc interest rates to Discovery interest rates. All the interest rates shown are sourced from the Access Bank Plc and Discovery websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 2nd October 2026.

How do Access Bank Plc fixed deposit interest rates compare to Discovery ?

You are more likely to find better interest rates at Discovery than Access Bank Plc. Specifically, 0 out of 100 interest rates are better at Access Bank Plc than Discovery. This means you are more likely to find a better interest rate at Discovery 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)

Access Bank Plc
5.50%
best rate
Discovery
8.25%
best rate

The best interest rate you can get at Access Bank Plc is 5.5% for the 18-month fixed deposit. You will need a minimum deposit of R0 . Whilst at Discovery, the best interest rate you can get is 8.25% for the 60-month fixed deposit. You will need a minimum deposit of R10,000 .

But how do interest rates at Access Bank Plc compare to Discovery across different terms and investment amounts?

3 month fixed deposit interest rates compared

Access Bank Plc vs Discovery

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

Investment amount Access Bank Plc1Discovery1 Winner 2
R10,000 for 18+
5.30%
6.85%
-
-39
R100,000 for 18+
5.30%
6.85%
-
-391
R250,000 for 18+
5.30%
6.85%
-
-979
R1,000,000 for 18+
5.30%
6.85%
-
-3,914
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Access Bank Plc over and above Discovery.
    A negative amount means that Discovery offers more than Access Bank Plc.
How to read this table?

You get a 5.3% interest rate at Access Bank Plc for a R1,000,000 investment in a 3 month fixed deposit (if you are older than 18). Discovery's interest rate for the same terms is 6.85%. Over 3 months you will earn R3,914 less in interest at Access Bank Plc compared Discovery.

6 month fixed deposit interest rates compared

Access Bank Plc vs Discovery

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

Investment amount Access Bank Plc1Discovery1 Winner 2
R10,000 for 18+
5.30%
7.05%
-
-90
R100,000 for 18+
5.30%
7.05%
-
-898
R250,000 for 18+
5.30%
7.05%
-
-2,244
R1,000,000 for 18+
5.30%
7.05%
-
-8,977
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Access Bank Plc over and above Discovery.
    A negative amount means that Discovery offers more than Access Bank Plc.
How to read this table?

You get a 5.3% interest rate at Access Bank Plc for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 18). Discovery's interest rate for the same terms is 7.05%. Over 6 months you will earn R8,977 less in interest at Access Bank Plc compared Discovery.

1 year fixed deposit interest rates compared

Access Bank Plc vs Discovery

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

Investment amount Access Bank Plc1Discovery1 Winner 2
R10,000 for 18+
5.30%
7.50%
-
-233
R100,000 for 18+
5.30%
7.50%
-
-2,333
R250,000 for 18+
5.30%
7.50%
-
-5,831
R1,000,000 for 18+
5.30%
7.50%
-
-23,326
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Access Bank Plc over and above Discovery.
    A negative amount means that Discovery offers more than Access Bank Plc.
How to read this table?

You get a 5.3% interest rate at Access Bank Plc for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 18). Discovery's interest rate for the same terms is 7.50%. Over 12 months you will earn R23,326 less in interest at Access Bank Plc compared Discovery.

1.5 year fixed deposit interest rates compared

Access Bank Plc vs Discovery

This table shows Access Bank Plc's and Discovery'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 Access Bank Plc1Discovery1 Winner 2
R10,000 for 18+
5.50%
7.60%
-
-346
R100,000 for 18+
5.50%
7.60%
-
-3,456
R250,000 for 18+
5.50%
7.60%
-
-8,639
R1,000,000 for 18+
5.50%
7.60%
-
-34,555
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Access Bank Plc over and above Discovery.
    A negative amount means that Discovery offers more than Access Bank Plc.
How to read this table?

You get a 5.5% interest rate at Access Bank Plc for a R1,000,000 investment in a 1.5 year fixed deposit (if you are older than 18). Discovery's interest rate for the same terms is 7.60%. Over 1.5 years you will earn R34,555 less in interest at Access Bank Plc compared Discovery.

2 year fixed deposit interest rates compared

Access Bank Plc vs Discovery

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

Investment amount Access Bank Plc1Discovery1 Winner 2
R10,000 for 18+
5.50%
7.75%
-
-511
R100,000 for 18+
5.50%
7.75%
-
-5,108
R250,000 for 18+
5.50%
7.75%
-
-12,770
R1,000,000 for 18+
5.50%
7.75%
-
-51,079
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Access Bank Plc over and above Discovery.
    A negative amount means that Discovery offers more than Access Bank Plc.
How to read this table?

You get a 5.5% interest rate at Access Bank Plc for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). Discovery's interest rate for the same terms is 7.75%. Over 2 years you will earn R51,079 less in interest at Access Bank Plc compared Discovery.

3 year fixed deposit interest rates compared

Access Bank Plc vs Discovery

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

Investment amount Access Bank Plc1Discovery1 Winner 2
R10,000 for 18+
5.50%
7.90%
-
-875
R100,000 for 18+
5.50%
7.90%
-
-8,751
R250,000 for 18+
5.50%
7.90%
-
-21,877
R1,000,000 for 18+
5.50%
7.90%
-
-87,508
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Access Bank Plc over and above Discovery.
    A negative amount means that Discovery offers more than Access Bank Plc.
How to read this table?

You get a 5.5% interest rate at Access Bank Plc for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 18). Discovery's interest rate for the same terms is 7.90%. Over 3 years you will earn R87,508 less in interest at Access Bank Plc compared Discovery.

5 year fixed deposit interest rates compared

Access Bank Plc vs Discovery

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

Investment amount Access Bank Plc1Discovery1 Winner 2
R10,000 for 18+
5.50%
8.25%
-
-1,928
R100,000 for 18+
5.50%
8.25%
-
-19,276
R250,000 for 18+
5.50%
8.25%
-
-48,189
R1,000,000 for 18+
5.50%
8.25%
-
-192,755
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Access Bank Plc over and above Discovery.
    A negative amount means that Discovery offers more than Access Bank Plc.
How to read this table?

You get a 5.5% interest rate at Access Bank Plc for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). Discovery's interest rate for the same terms is 8.25%. Over 5 years you will earn R192,755 less in interest at Access Bank Plc compared Discovery.

How do Access Bank Plc interest rates compare to other banks?