Bidvest vs Fedgroup

Interest rates compared

Last updated 2nd September 2024 by Walter

Introduction

This fixed deposit comparison page compares Bidvest interest rates to Fedgroup interest rates. All the interest rates shown are sourced from the Bidvest 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 September 2024.

How do Bidvest fixed deposit interest rates compare to Fedgroup ?

You are more likely to find better interest rates at Fedgroup than Bidvest. Specifically, 1 out of 100 interest rates are better at Bidvest than Fedgroup. This means you are more likely to find a better interest rate at Fedgroup 99% 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
9.16%
best rate
Fedgroup
9.80%
best rate

The best interest rate you can get at Bidvest is 9.16% for the 12-month fixed deposit. You will need a minimum deposit of R10,000 and be over the age of 55. Whilst at Fedgroup, the best interest rate you can get is 9.8% for the 60-month fixed deposit. You will need a minimum deposit of R5,000 .

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

How do Bidvest interest rates compare to other banks?