Capitec vs Sasfin

Interest rates compared

Last updated 2nd February 2025 by Walter

Introduction

This fixed deposit comparison page compares Capitec interest rates to Sasfin interest rates. All the interest rates shown are sourced from the Capitec and Sasfin websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 2nd February 2025.

How do Capitec fixed deposit interest rates compare to Sasfin ?

You are more likely to find better interest rates at Sasfin than Capitec. Specifically, 50 out of 100 interest rates are better at Capitec than Sasfin. This means you are more likely to find a better interest rate at Sasfin 50% 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
Sasfin
8.21%
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 Sasfin, the best interest rate you can get is 8.21% for the 9-month fixed deposit. You will need a minimum deposit of R20,000 .

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

6 month fixed deposit interest rates compared

Capitec vs Sasfin

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

Investment amount Capitec1Sasfin1 Winner 2
R100,000 for 18+
7.75%
7.90%
-
-77
R100,000 for 55+
7.75%
7.90%
-
-77
R250,000 for 18+
7.80%
7.90%
-
-132
R250,000 for 55+
7.80%
7.90%
-
-132
R1,000,000 for 18+
8.00%
7.90%
+
529
R1,000,000 for 55+
8.00%
7.90%
+
529
R5,000,000 for 18+
8.00%
7.90%
+
2,643
R5,000,000 for 55+
8.00%
7.90%
+
2,643
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Sasfin.
    A negative amount means that Sasfin 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). Sasfin's interest rate for the same terms is 7.90%. Over 6 months you will earn R2,643 more in interest at Capitec compared Sasfin.

How do Capitec interest rates compare to other banks?