Bidvest vs Capitec

Interest rates compared

Last updated 1st November 2024 by Walter

Introduction

This fixed deposit comparison page compares Bidvest interest rates to Capitec interest rates. All the interest rates shown are sourced from the Bidvest and Capitec websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 1st November 2024.

How do Bidvest fixed deposit interest rates compare to Capitec ?

You are more likely to find better interest rates at Bidvest than Capitec. Specifically, 100 out of 100 interest rates are better at Bidvest than Capitec. This means you are more likely to find a better interest rate at Capitec 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)

Bidvest
8.65%
best rate
Capitec
8.85%
best rate

The best interest rate you can get at Bidvest is 8.65% for the 12-month fixed deposit. You will need a minimum deposit of R10,000 and be over the age of 55. Whilst at Capitec, the best interest rate you can get is 8.85% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 .

But how do interest rates at Bidvest compare to Capitec across different terms and investment amounts?

6 month fixed deposit interest rates compared

Bidvest vs Capitec

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

Investment amount Bidvest1Capitec1 Winner 2
R10,000 for 18+
8.45%
7.70%
+
39
R10,000 for 55+
8.45%
7.70%
+
39
R100,000 for 18+
8.45%
7.75%
+
365
R100,000 for 55+
8.45%
7.75%
+
365
R250,000 for 18+
8.45%
7.80%
+
852
R250,000 for 55+
8.45%
7.80%
+
852
R1,000,000 for 18+
8.45%
8.00%
+
2,352
R1,000,000 for 55+
8.45%
8.00%
+
2,352
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Bidvest over and above Capitec.
    A negative amount means that Capitec offers more than Bidvest.
How to read this table?

You get a 8.45% interest rate at Bidvest for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 8.00%. Over 6 months you will earn R2,352 more in interest at Bidvest compared Capitec.

1 year fixed deposit interest rates compared

Bidvest vs Capitec

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

Investment amount Bidvest1Capitec1 Winner 2
R10,000 for 18+
8.60%
8.00%
+
65
R10,000 for 55+
8.65%
8.00%
+
70
R100,000 for 18+
8.60%
8.10%
+
540
R100,000 for 55+
8.65%
8.10%
+
590
R250,000 for 18+
8.60%
8.15%
+
1,225
R250,000 for 55+
8.65%
8.15%
+
1,350
R1,000,000 for 18+
8.60%
8.30%
+
3,300
R1,000,000 for 55+
8.65%
8.30%
+
3,800
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Bidvest over and above Capitec.
    A negative amount means that Capitec offers more than Bidvest.
How to read this table?

You get a 8.65% interest rate at Bidvest for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 8.30%. Over 12 months you will earn R3,800 more in interest at Bidvest compared Capitec.

How do Bidvest interest rates compare to other banks?