Capitec vs Investec

Interest rates compared

Last updated 2nd September 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 2nd September 2024.

How do Capitec fixed deposit interest rates compare to Investec ?

You are more likely to find better interest rates at Capitec than Investec. Specifically, 72 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 28% 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
9.50%
best rate
Investec
9.10%
best rate

The best interest rate you can get at Capitec is 9.5% 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 9.1% for the 12-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+
8.35%
8.26%
+
48
R100,000 for 55+
8.35%
8.41%
-
-29
R250,000 for 18+
8.45%
8.26%
+
252
R250,000 for 55+
8.45%
8.41%
+
60
R1,000,000 for 18+
8.50%
8.26%
+
1,247
R1,000,000 for 55+
8.50%
8.41%
+
479
R5,000,000 for 18+
8.50%
8.26%
+
6,234
R5,000,000 for 55+
8.50%
8.41%
+
2,397
  • 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 8.5% 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 8.41%. Over 6 months you will earn R2,397 more 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+
8.60%
8.95%
-
-380
R100,000 for 55+
8.60%
9.10%
-
-540
R250,000 for 18+
8.65%
8.95%
-
-825
R250,000 for 55+
8.65%
9.10%
-
-1,225
R1,000,000 for 18+
8.70%
8.95%
-
-2,700
R1,000,000 for 55+
8.70%
9.10%
-
-4,300
R5,000,000 for 18+
8.70%
8.95%
-
-13,500
R5,000,000 for 55+
8.70%
9.10%
-
-21,500
  • 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 8.7% 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 9.10%. Over 12 months you will earn R21,500 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+
8.75%
8.16%
+
1,393
R100,000 for 55+
8.75%
8.31%
+
1,045
R250,000 for 18+
8.85%
8.16%
+
4,082
R250,000 for 55+
8.85%
8.31%
+
3,213
R1,000,000 for 18+
8.90%
8.16%
+
17,419
R1,000,000 for 55+
8.90%
8.31%
+
13,946
R5,000,000 for 18+
8.90%
8.16%
+
87,096
R5,000,000 for 55+
8.90%
8.31%
+
69,728
  • 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 8.9% 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 8.31%. Over 2 years you will earn R69,728 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+
9.25%
8.61%
+
4,925
R100,000 for 55+
9.25%
8.91%
+
2,656
R250,000 for 18+
9.45%
8.61%
+
16,303
R250,000 for 55+
9.45%
8.91%
+
10,632
R1,000,000 for 18+
9.50%
8.61%
+
68,859
R1,000,000 for 55+
9.50%
8.91%
+
46,174
R5,000,000 for 18+
9.50%
8.61%
+
344,296
R5,000,000 for 55+
9.50%
8.91%
+
230,871
  • 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 9.5% 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 8.91%. Over 5 years you will earn R230,871 more in interest at Capitec compared Investec.

How do Capitec interest rates compare to other banks?