Capitec vs Absa

Interest rates compared

Last updated 1st March 2026 by Walter

Introduction

This fixed deposit comparison page compares Capitec interest rates to Absa interest rates. All the interest rates shown are sourced from the Capitec and Absa 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 Capitec fixed deposit interest rates compare to Absa ?

You are more likely to find better interest rates at Capitec than Absa. Specifically, 82 out of 100 interest rates are better at Capitec than Absa. This means you are more likely to find a better interest rate at Absa 18% 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)

Capitec
7.60%
best rate
Absa
7.20%
best rate

The best interest rate you can get at Capitec is 7.6% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 . Whilst at Absa, the best interest rate you can get is 7.2% for the 60-month fixed deposit. You will need a minimum deposit of R100,000 .

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

6 month fixed deposit interest rates compared

Capitec vs Absa

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

Investment amount Capitec1Absa1 Winner 2
R10,000 for 18+
6.60%
6.65%
-
-3
R100,000 for 18+
6.75%
6.75%
-
0
R250,000 for 18+
6.80%
6.75%
+
64
R1,000,000 for 18+
6.85%
6.75%
+
514
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Absa.
    A negative amount means that Absa offers more than Capitec.
How to read this table?

You get a 6.85% interest rate at Capitec for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 6.75%. Over 6 months you will earn R514 more in interest at Capitec compared Absa.

9 month fixed deposit interest rates compared

Capitec vs Absa

This table shows Capitec's and Absa's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 9 month fixed deposit.

Investment amount Capitec1Absa1 Winner 2
R10,000 for 18+
6.65%
6.55%
+
8
R100,000 for 18+
6.80%
6.60%
+
157
R250,000 for 18+
6.85%
6.60%
+
490
R1,000,000 for 18+
6.90%
6.60%
+
2,353
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Absa.
    A negative amount means that Absa offers more than Capitec.
How to read this table?

You get a 6.9% interest rate at Capitec for a R1,000,000 investment in a 9 month fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 6.60%. Over 9 months you will earn R2,353 more in interest at Capitec compared Absa.

1 year fixed deposit interest rates compared

Capitec vs Absa

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

Investment amount Capitec1Absa1 Winner 2
R10,000 for 18+
6.75%
6.75%
-
0
R100,000 for 18+
6.95%
7.01%
-
-64
R250,000 for 18+
7.00%
7.01%
-
-27
R1,000,000 for 18+
7.05%
7.01%
+
427
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Absa.
    A negative amount means that Absa offers more than Capitec.
How to read this table?

You get a 7.05% interest rate at Capitec for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.01%. Over 12 months you will earn R427 more in interest at Capitec compared Absa.

1.5 year fixed deposit interest rates compared

Capitec vs Absa

This table shows Capitec's and Absa's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1.5 year fixed deposit.

Investment amount Capitec1Absa1 Winner 2
R10,000 for 18+
6.80%
6.55%
+
41
R100,000 for 18+
7.00%
6.65%
+
578
R250,000 for 18+
7.05%
6.65%
+
1,652
R1,000,000 for 18+
7.10%
6.75%
+
5,790
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Absa.
    A negative amount means that Absa offers more than Capitec.
How to read this table?

You get a 7.1% interest rate at Capitec for a R1,000,000 investment in a 1.5 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 6.75%. Over 1.5 years you will earn R5,790 more in interest at Capitec compared Absa.

2 year fixed deposit interest rates compared

Capitec vs Absa

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

Investment amount Capitec1Absa1 Winner 2
R10,000 for 18+
6.85%
6.50%
+
80
R100,000 for 18+
7.05%
6.50%
+
1,252
R250,000 for 18+
7.10%
6.50%
+
3,416
R1,000,000 for 18+
7.15%
6.55%
+
13,679
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Absa.
    A negative amount means that Absa offers more than Capitec.
How to read this table?

You get a 7.15% interest rate at Capitec for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 6.55%. Over 2 years you will earn R13,679 more in interest at Capitec compared Absa.

3 year fixed deposit interest rates compared

Capitec vs Absa

This table shows Capitec's and Absa's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit.

Investment amount Capitec1Absa1 Winner 2
R10,000 for 18+
6.90%
6.65%
+
91
R100,000 for 18+
7.10%
6.75%
+
1,284
R250,000 for 18+
7.15%
6.75%
+
3,672
R1,000,000 for 18+
7.20%
6.85%
+
12,880
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Absa.
    A negative amount means that Absa offers more than Capitec.
How to read this table?

You get a 7.2% interest rate at Capitec for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 6.85%. Over 3 years you will earn R12,880 more in interest at Capitec compared Absa.

5 year fixed deposit interest rates compared

Capitec vs Absa

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

Investment amount Capitec1Absa1 Winner 2
R10,000 for 18+
7.20%
7.15%
+
36
R100,000 for 18+
7.40%
7.20%
+
1,430
R250,000 for 18+
7.45%
7.20%
+
4,475
R1,000,000 for 18+
7.60%
7.20%
+
28,745
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Absa.
    A negative amount means that Absa offers more than Capitec.
How to read this table?

You get a 7.6% interest rate at Capitec for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.20%. Over 5 years you will earn R28,745 more in interest at Capitec compared Absa.

How do Capitec interest rates compare to other banks?