Capitec vs Investec

Interest rates compared

Last updated 1st November 2024 by Walter

Introduction

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

You are more likely to find better interest rates at Investec than Capitec. Specifically, 31 out of 100 interest rates are better at Capitec than Investec. This means you are more likely to find a better interest rate at Investec 69% 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
8.85%
best rate
Investec
8.90%
best rate

The best interest rate you can get at Capitec is 8.85% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 . Whilst at Investec, the best interest rate you can get is 8.9% for the 60-month fixed deposit. You will need a minimum deposit of R100,000 and be over the age of 55.

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

6 month fixed deposit interest rates compared

Capitec vs Investec

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

Investment amount Capitec1Investec1 Winner 2
R100,000 for 18+
7.75%
7.94%
-
-101
R100,000 for 55+
7.75%
8.09%
-
-178
R250,000 for 18+
7.80%
7.94%
-
-192
R250,000 for 55+
7.80%
8.09%
-
-384
R1,000,000 for 18+
8.00%
7.94%
+
288
R1,000,000 for 55+
8.00%
8.09%
-
-480
R5,000,000 for 18+
8.00%
7.94%
+
1,442
R5,000,000 for 55+
8.00%
8.09%
-
-2,402
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Investec.
    A negative amount means that Investec offers more than Capitec.
How to read this table?

You get a 8% interest rate at Capitec for a R5,000,000 investment in a 6 month fixed deposit (if you are older than 55). Investec's interest rate for the same terms is 8.09%. Over 6 months you will earn R2,402 less in interest at Capitec compared Investec.

1 year fixed deposit interest rates compared

Capitec vs Investec

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

Investment amount Capitec1Investec1 Winner 2
R100,000 for 18+
8.10%
8.65%
-
-590
R100,000 for 55+
8.10%
8.75%
-
-700
R250,000 for 18+
8.15%
8.65%
-
-1,350
R250,000 for 55+
8.15%
8.75%
-
-1,625
R1,000,000 for 18+
8.30%
8.65%
-
-3,800
R1,000,000 for 55+
8.30%
8.75%
-
-4,900
R5,000,000 for 18+
8.30%
8.65%
-
-19,000
R5,000,000 for 55+
8.30%
8.75%
-
-24,500
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Investec.
    A negative amount means that Investec offers more than Capitec.
How to read this table?

You get a 8.3% interest rate at Capitec for a R5,000,000 investment in a 1 year fixed deposit (if you are older than 55). Investec's interest rate for the same terms is 8.75%. Over 12 months you will earn R24,500 less in interest at Capitec compared Investec.

2 year fixed deposit interest rates compared

Capitec vs Investec

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

Investment amount Capitec1Investec1 Winner 2
R100,000 for 18+
8.20%
8.14%
+
152
R100,000 for 55+
8.20%
8.29%
-
-195
R250,000 for 18+
8.25%
8.14%
+
651
R250,000 for 55+
8.25%
8.29%
-
-217
R1,000,000 for 18+
8.40%
8.14%
+
6,081
R1,000,000 for 55+
8.40%
8.29%
+
2,608
R5,000,000 for 18+
8.40%
8.14%
+
30,405
R5,000,000 for 55+
8.40%
8.29%
+
13,040
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Investec.
    A negative amount means that Investec offers more than Capitec.
How to read this table?

You get a 8.4% interest rate at Capitec for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 55). Investec's interest rate for the same terms is 8.29%. Over 2 years you will earn R13,040 more in interest at Capitec compared Investec.

5 year fixed deposit interest rates compared

Capitec vs Investec

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

Investment amount Capitec1Investec1 Winner 2
R100,000 for 18+
8.65%
8.75%
-
-778
R100,000 for 55+
8.65%
8.90%
-
-1,915
R250,000 for 18+
8.75%
8.75%
-
0
R250,000 for 55+
8.75%
8.90%
-
-2,843
R1,000,000 for 18+
8.85%
8.75%
+
7,811
R1,000,000 for 55+
8.85%
8.90%
-
-3,561
R5,000,000 for 18+
8.85%
8.75%
+
39,054
R5,000,000 for 55+
8.85%
8.90%
-
-17,804
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Investec.
    A negative amount means that Investec offers more than Capitec.
How to read this table?

You get a 8.85% interest rate at Capitec for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 55). Investec's interest rate for the same terms is 8.90%. Over 5 years you will earn R17,804 less in interest at Capitec compared Investec.

How do Capitec interest rates compare to other banks?