Capitec vs SA Retail Bonds

Interest rates compared

Last updated 2nd September 2024 by Walter

Introduction

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

You are more likely to find better interest rates at Capitec than SA Retail Bonds. Specifically, 59 out of 100 interest rates are better at Capitec than SA Retail Bonds. This means you are more likely to find a better interest rate at SA Retail Bonds 41% 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
SA Retail Bonds
10.25%
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 SA Retail Bonds, the best interest rate you can get is 10.25% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 .

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

2 year fixed deposit interest rates compared

Capitec vs SA Retail Bonds

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

Investment amount Capitec1SA Retail Bonds1 Winner 2
R10,000 for 18+
8.70%
8.75%
+
26
R10,000 for 55+
8.70%
8.75%
+
26
R100,000 for 18+
8.75%
8.75%
+
371
R100,000 for 55+
8.75%
8.75%
+
371
R250,000 for 18+
8.85%
8.75%
+
1,527
R250,000 for 55+
8.85%
8.75%
+
1,527
R1,000,000 for 18+
8.90%
8.75%
+
7,201
R1,000,000 for 55+
8.90%
8.75%
+
7,201
R5,000,000 for 18+
8.90%
8.75%
+
36,005
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds 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 18). SA Retail Bonds's interest rate for the same terms is 8.75%. Over 2 years you will earn R36,005 more in interest at Capitec compared SA Retail Bonds.

3 year fixed deposit interest rates compared

Capitec vs SA Retail Bonds

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

Investment amount Capitec1SA Retail Bonds1 Winner 2
R10,000 for 18+
8.80%
9.00%
-
-14
R10,000 for 55+
8.80%
9.00%
-
-14
R100,000 for 18+
8.85%
9.00%
+
72
R100,000 for 55+
8.85%
9.00%
+
72
R250,000 for 18+
8.95%
9.00%
+
1,164
R250,000 for 55+
8.95%
9.00%
+
1,164
R1,000,000 for 18+
9.05%
9.00%
+
8,245
R1,000,000 for 55+
9.05%
9.00%
+
8,245
R5,000,000 for 18+
9.05%
9.00%
+
41,227
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds offers more than Capitec.
How to read this table?

You get a 9.05% interest rate at Capitec for a R5,000,000 investment in a 3 year fixed deposit (if you are older than 18). SA Retail Bonds's interest rate for the same terms is 9.00%. Over 3 years you will earn R41,227 more in interest at Capitec compared SA Retail Bonds.

5 year fixed deposit interest rates compared

Capitec vs SA Retail Bonds

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

Investment amount Capitec1SA Retail Bonds1 Winner 2
R10,000 for 18+
9.20%
10.25%
-
-668
R10,000 for 55+
9.20%
10.25%
-
-668
R100,000 for 18+
9.25%
10.25%
-
-6,314
R100,000 for 55+
9.25%
10.25%
-
-6,314
R250,000 for 18+
9.45%
10.25%
-
-11,794
R250,000 for 55+
9.45%
10.25%
-
-11,794
R1,000,000 for 18+
9.50%
10.25%
-
-43,530
R1,000,000 for 55+
9.50%
10.25%
-
-43,530
R5,000,000 for 18+
9.50%
10.25%
-
-217,651
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above SA Retail Bonds.
    A negative amount means that SA Retail Bonds 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 18). SA Retail Bonds's interest rate for the same terms is 10.25%. Over 5 years you will earn R217,651 less in interest at Capitec compared SA Retail Bonds.

How do Capitec interest rates compare to other banks?