African Bank vs Investec

Interest rates compared

Last updated 1st March 2026 by Walter

Introduction

This fixed deposit comparison page compares African Bank interest rates to Investec interest rates. All the interest rates shown are sourced from the African Bank and Investec 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 African Bank fixed deposit interest rates compare to Investec ?

You are more likely to find better interest rates at Investec than African Bank. Specifically, 40 out of 100 interest rates are better at African Bank than Investec. This means you are more likely to find a better interest rate at Investec 60% 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)

African Bank
9.94%
best rate
Investec
7.78%
best rate

The best interest rate you can get at African Bank is 9.94% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 . Whilst at Investec, the best interest rate you can get is 7.78% for the 12-month fixed deposit. You will need a minimum deposit of R100,000 .

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

3 month fixed deposit interest rates compared

African Bank vs Investec

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

Investment amount African Bank1Investec1 Winner 2
R100,000 for 18+
6.51%
7.00%
-
-124
R250,000 for 18+
6.65%
7.00%
-
-221
R1,000,000 for 18+
6.79%
7.00%
-
-531
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at African Bank over and above Investec.
    A negative amount means that Investec offers more than African Bank.
How to read this table?

You get a 6.79% interest rate at African Bank for a R1,000,000 investment in a 3 month fixed deposit (if you are older than 18). Investec's interest rate for the same terms is 7.00%. Over 3 months you will earn R531 less in interest at African Bank compared Investec.

6 month fixed deposit interest rates compared

African Bank vs Investec

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

Investment amount African Bank1Investec1 Winner 2
R100,000 for 18+
7.02%
7.26%
-
-124
R250,000 for 18+
7.02%
7.26%
-
-309
R1,000,000 for 18+
7.26%
7.26%
-
0
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at African Bank over and above Investec.
    A negative amount means that Investec offers more than African Bank.
How to read this table?

You get a 7.26% interest rate at African Bank for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 18). Investec's interest rate for the same terms is 7.26%. Over 6 months you will earn R0 less in interest at African Bank compared Investec.

1 year fixed deposit interest rates compared

African Bank vs Investec

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

Investment amount African Bank1Investec1 Winner 2
R100,000 for 18+
7.40%
7.78%
-
-407
R250,000 for 18+
7.49%
7.78%
-
-777
R1,000,000 for 18+
7.59%
7.78%
-
-2,038
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at African Bank over and above Investec.
    A negative amount means that Investec offers more than African Bank.
How to read this table?

You get a 7.59% interest rate at African Bank for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 18). Investec's interest rate for the same terms is 7.78%. Over 12 months you will earn R2,038 less in interest at African Bank compared Investec.

2 year fixed deposit interest rates compared

African Bank vs Investec

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

Investment amount African Bank1Investec1 Winner 2
R100,000 for 18+
7.49%
6.72%
+
1,764
R250,000 for 18+
7.73%
6.72%
+
5,798
R1,000,000 for 18+
7.73%
6.72%
+
23,191
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at African Bank over and above Investec.
    A negative amount means that Investec offers more than African Bank.
How to read this table?

You get a 7.73% interest rate at African Bank for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). Investec's interest rate for the same terms is 6.72%. Over 2 years you will earn R23,191 more in interest at African Bank compared Investec.

5 year fixed deposit interest rates compared

African Bank vs Investec

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

Investment amount African Bank1Investec1 Winner 2
R100,000 for 18+
8.19%
7.12%
+
7,786
R250,000 for 18+
8.42%
7.12%
+
23,785
R1,000,000 for 18+
9.94%
7.12%
+
214,314
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at African Bank over and above Investec.
    A negative amount means that Investec offers more than African Bank.
How to read this table?

You get a 9.94% interest rate at African Bank for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). Investec's interest rate for the same terms is 7.12%. Over 5 years you will earn R214,314 more in interest at African Bank compared Investec.

How do African Bank interest rates compare to other banks?