African Bank
vs
GoTyme Bank
Interest rates compared
Introduction
This fixed deposit comparison page compares African Bank interest rates to GoTyme Bank interest rates. All the interest rates shown are sourced from the African Bank and GoTyme Bank websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 1st July 2026.
How do African Bank fixed deposit interest rates compare to GoTyme Bank ?
You are more likely to find better interest rates at GoTyme Bank than African Bank. Specifically, 0 out of 100 interest rates are better at African Bank than GoTyme Bank. This means you are more likely to find a better interest rate at GoTyme Bank 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)
The best interest rate you can get at African Bank is 7.73% for the 36-month fixed deposit. You will need a minimum deposit of R1,000,000 . Whilst at GoTyme Bank, the best interest rate you can get is 8.5841% for the 36-month fixed deposit. You will need a minimum deposit of R1 .
But how do interest rates at African Bank compare to GoTyme Bank across different terms and investment amounts?
3 month fixed deposit interest rates compared
This table shows African Bank's and GoTyme 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 | African Bank1 | GoTyme Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 6.51% | 7.70% | - -30 |
| R100,000 for 18+ | 6.51% | 7.70% | - -302 |
| R250,000 for 18+ | 6.65% | 7.70% | - -666 |
| R1,000,000 for 18+ | 6.79% | 7.70% | - -2,308 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at African Bank over and above GoTyme Bank.
A negative amount means that GoTyme Bank offers more than African Bank.
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). GoTyme Bank's interest rate for the same terms is 7.70%. Over 3 months you will earn R2,308 less in interest at African Bank compared GoTyme Bank.
6 month fixed deposit interest rates compared
This table shows African Bank's and GoTyme 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 | African Bank1 | GoTyme Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 6.93% | 8.11% | - -61 |
| R100,000 for 18+ | 7.02% | 8.11% | - -563 |
| R250,000 for 18+ | 7.02% | 8.11% | - -1,408 |
| R1,000,000 for 18+ | 7.17% | 8.11% | - -4,859 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at African Bank over and above GoTyme Bank.
A negative amount means that GoTyme Bank offers more than African Bank.
You get a 7.17% interest rate at African Bank for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 18). GoTyme Bank's interest rate for the same terms is 8.11%. Over 6 months you will earn R4,859 less in interest at African Bank compared GoTyme Bank.
1 year fixed deposit interest rates compared
This table shows African Bank's and GoTyme 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 | African Bank1 | GoTyme Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.26% | 8.42% | - -124 |
| R100,000 for 18+ | 7.35% | 8.42% | - -1,147 |
| R250,000 for 18+ | 7.40% | 8.42% | - -2,734 |
| R1,000,000 for 18+ | 7.49% | 8.42% | - -9,974 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at African Bank over and above GoTyme Bank.
A negative amount means that GoTyme Bank offers more than African Bank.
You get a 7.49% interest rate at African Bank for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 18). GoTyme Bank's interest rate for the same terms is 8.42%. Over 12 months you will earn R9,974 less in interest at African Bank compared GoTyme Bank.
2 year fixed deposit interest rates compared
This table shows African Bank's and GoTyme 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 | African Bank1 | GoTyme Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 6.93% | 8.52% | - -368 |
| R100,000 for 18+ | 7.12% | 8.52% | - -3,250 |
| R250,000 for 18+ | 7.26% | 8.52% | - -7,321 |
| R1,000,000 for 18+ | 7.40% | 8.52% | - -26,063 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at African Bank over and above GoTyme Bank.
A negative amount means that GoTyme Bank offers more than African Bank.
You get a 7.4% interest rate at African Bank for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). GoTyme Bank's interest rate for the same terms is 8.52%. Over 2 years you will earn R26,063 less in interest at African Bank compared GoTyme Bank.
3 year fixed deposit interest rates compared
This table shows African Bank's and GoTyme 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 | African Bank1 | GoTyme Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.02% | 8.58% | - -589 |
| R100,000 for 18+ | 7.26% | 8.58% | - -5,001 |
| R250,000 for 18+ | 7.49% | 8.58% | - -10,366 |
| R1,000,000 for 18+ | 7.73% | 8.58% | - -32,480 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at African Bank over and above GoTyme Bank.
A negative amount means that GoTyme Bank offers more than African Bank.
You get a 7.73% interest rate at African Bank for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 18). GoTyme Bank's interest rate for the same terms is 8.58%. Over 3 years you will earn R32,480 less in interest at African Bank compared GoTyme Bank.
- African Bank vs Absa interest rates compared
- African Bank vs Access Bank Plc interest rates compared
- African Bank vs BankZero interest rates compared
- African Bank vs Bidvest interest rates compared
- African Bank vs Capitec interest rates compared
- African Bank vs Discovery interest rates compared
- African Bank vs FNB interest rates compared
- African Bank vs Fedgroup interest rates compared
- African Bank vs GoTyme Bank interest rates compared
- African Bank vs Investec interest rates compared
- African Bank vs Nedbank interest rates compared
- African Bank vs SA Retail Bonds interest rates compared
- African Bank vs Standard Bank interest rates compared