Capitec vs FNB

Interest rates compared

Last updated 1st March 2026 by Walter

Introduction

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

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

Capitec
7.60%
best rate
FNB
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 FNB, the best interest rate you can get is 7.2% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 .

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

6 month fixed deposit interest rates compared

Capitec vs FNB

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

Investment amount Capitec1FNB1 Winner 2
R10,000 for 18+
6.60%
6.15%
+
23
R100,000 for 18+
6.75%
6.15%
+
308
R250,000 for 18+
6.80%
6.25%
+
706
R1,000,000 for 18+
6.85%
6.45%
+
2,056
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 6.45%. Over 6 months you will earn R2,056 more in interest at Capitec compared FNB.

9 month fixed deposit interest rates compared

Capitec vs FNB

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

Investment amount Capitec1FNB1 Winner 2
R10,000 for 18+
6.65%
6.25%
+
31
R100,000 for 18+
6.80%
6.25%
+
431
R250,000 for 18+
6.85%
6.35%
+
980
R1,000,000 for 18+
6.90%
6.55%
+
2,745
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 6.55%. Over 9 months you will earn R2,745 more in interest at Capitec compared FNB.

1 year fixed deposit interest rates compared

Capitec vs FNB

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

Investment amount Capitec1FNB1 Winner 2
R10,000 for 18+
6.75%
6.50%
+
27
R100,000 for 18+
6.95%
6.50%
+
479
R250,000 for 18+
7.00%
6.60%
+
1,064
R1,000,000 for 18+
7.05%
6.80%
+
2,663
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 6.80%. Over 12 months you will earn R2,663 more in interest at Capitec compared FNB.

2 year fixed deposit interest rates compared

Capitec vs FNB

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

Investment amount Capitec1FNB1 Winner 2
R10,000 for 18+
6.85%
6.40%
+
102
R100,000 for 18+
7.05%
6.40%
+
1,478
R250,000 for 18+
7.10%
6.50%
+
3,416
R1,000,000 for 18+
7.15%
6.70%
+
10,274
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 6.70%. Over 2 years you will earn R10,274 more in interest at Capitec compared FNB.

3 year fixed deposit interest rates compared

Capitec vs FNB

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

Investment amount Capitec1FNB1 Winner 2
R10,000 for 18+
6.90%
6.50%
+
146
R100,000 for 18+
7.10%
6.50%
+
2,194
R250,000 for 18+
7.15%
6.60%
+
5,038
R1,000,000 for 18+
7.20%
6.80%
+
14,709
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 6.80%. Over 3 years you will earn R14,709 more in interest at Capitec compared FNB.

4 year fixed deposit interest rates compared

Capitec vs FNB

This table shows Capitec's and FNB's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 4 year fixed deposit.

Investment amount Capitec1FNB1 Winner 2
R10,000 for 18+
6.95%
6.55%
+
208
R100,000 for 18+
7.15%
6.55%
+
3,136
R250,000 for 18+
7.20%
6.65%
+
7,208
R1,000,000 for 18+
7.25%
6.85%
+
21,071
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above FNB.
    A negative amount means that FNB offers more than Capitec.
How to read this table?

You get a 7.25% interest rate at Capitec for a R1,000,000 investment in a 4 year fixed deposit (if you are older than 18). FNB's interest rate for the same terms is 6.85%. Over 4 years you will earn R21,071 more in interest at Capitec compared FNB.

5 year fixed deposit interest rates compared

Capitec vs FNB

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

Investment amount Capitec1FNB1 Winner 2
R10,000 for 18+
7.20%
6.90%
+
212
R100,000 for 18+
7.40%
6.90%
+
3,550
R250,000 for 18+
7.45%
7.00%
+
8,016
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 FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 7.20%. Over 5 years you will earn R28,745 more in interest at Capitec compared FNB.

How do Capitec interest rates compare to other banks?