Access Bank Plc vs Fedgroup

Interest rates compared

Last updated 2nd April 2025 by Walter

Introduction

This fixed deposit comparison page compares Access Bank Plc interest rates to Fedgroup interest rates. All the interest rates shown are sourced from the Access Bank Plc and Fedgroup websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 2nd April 2025.

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

You are more likely to find better interest rates at Access Bank Plc than Fedgroup. Specifically, 100 out of 100 interest rates are better at Access Bank Plc than Fedgroup. This means you are more likely to find a better interest rate at Fedgroup 0% 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
9.50%
best rate
Fedgroup
9.30%
best rate

The best interest rate you can get at Access Bank Plc is 9.5% for the 60-month fixed deposit. You will need a minimum deposit of R500 . Whilst at Fedgroup, the best interest rate you can get is 9.3% for the 60-month fixed deposit. You will need a minimum deposit of R5,000 .

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

5 year fixed deposit interest rates compared

Access Bank Plc vs Fedgroup

This table shows Access Bank Plc's and Fedgroup'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 Plc1Fedgroup1 Winner 2
R10,000 for 18+
9.50%
9.30%
+
153
R10,000 for 55+
9.50%
9.30%
+
153
R100,000 for 18+
9.50%
9.30%
+
1,527
R100,000 for 55+
9.50%
9.30%
+
1,527
R250,000 for 18+
9.50%
9.30%
+
3,817
R250,000 for 55+
9.50%
9.30%
+
3,817
R1,000,000 for 18+
9.50%
9.30%
+
15,270
R1,000,000 for 55+
9.50%
9.30%
+
15,270
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Access Bank Plc over and above Fedgroup.
    A negative amount means that Fedgroup offers more than Access Bank Plc.
How to read this table?

You get a 9.5% interest rate at Access Bank Plc for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 55). Fedgroup's interest rate for the same terms is 9.30%. Over 5 years you will earn R15,270 more in interest at Access Bank Plc compared Fedgroup.

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