Capitec vs Standard Bank

Interest rates compared

Last updated 2nd March 2025 by Walter

Introduction

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

How do Capitec fixed deposit interest rates compare to Standard Bank ?

You are more likely to find better interest rates at Capitec than Standard Bank. Specifically, 94 out of 100 interest rates are better at Capitec than Standard Bank. This means you are more likely to find a better interest rate at Standard Bank 6% 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
Standard Bank
8.69%
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 Standard Bank, the best interest rate you can get is 8.69% for the 60-month fixed deposit. You will need a minimum deposit of R10,000 and be over the age of 55.

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

6 month fixed deposit interest rates compared

Capitec vs Standard Bank

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

Investment amount Capitec1Standard Bank1 Winner 2
R10,000 for 18+
7.70%
6.84%
+
44
R10,000 for 55+
7.70%
7.34%
+
19
R100,000 for 18+
7.75%
7.43%
+
164
R100,000 for 55+
7.75%
7.43%
+
164
R250,000 for 18+
7.80%
7.43%
+
469
R250,000 for 55+
7.80%
7.43%
+
469
R1,000,000 for 18+
8.00%
7.53%
+
2,405
R1,000,000 for 55+
8.00%
7.53%
+
2,405
R5,000,000 for 18+
8.00%
7.61%
+
10,099
R5,000,000 for 55+
8.00%
7.61%
+
10,099
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 7.61%. Over 6 months you will earn R10,099 more in interest at Capitec compared Standard Bank.

1 year fixed deposit interest rates compared

Capitec vs Standard Bank

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

Investment amount Capitec1Standard Bank1 Winner 2
R10,000 for 18+
8.00%
7.10%
+
96
R10,000 for 55+
8.00%
7.60%
+
43
R100,000 for 18+
8.10%
7.66%
+
470
R100,000 for 55+
8.10%
7.66%
+
470
R250,000 for 18+
8.15%
7.66%
+
1,300
R250,000 for 55+
8.15%
7.66%
+
1,300
R1,000,000 for 18+
8.30%
7.77%
+
5,700
R1,000,000 for 55+
8.30%
7.77%
+
5,700
R5,000,000 for 18+
8.30%
7.83%
+
25,000
R5,000,000 for 55+
8.30%
7.83%
+
25,000
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 7.83%. Over 12 months you will earn R25,000 more in interest at Capitec compared Standard Bank.

2 year fixed deposit interest rates compared

Capitec vs Standard Bank

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

Investment amount Capitec1Standard Bank1 Winner 2
R10,000 for 18+
8.10%
7.55%
+
128
R10,000 for 55+
8.10%
8.05%
+
13
R100,000 for 18+
8.20%
8.06%
+
347
R100,000 for 55+
8.20%
8.06%
+
347
R250,000 for 18+
8.25%
8.06%
+
1,139
R250,000 for 55+
8.25%
8.06%
+
1,139
R1,000,000 for 18+
8.40%
8.06%
+
8,032
R1,000,000 for 55+
8.40%
8.06%
+
8,032
R5,000,000 for 18+
8.40%
8.06%
+
40,162
R5,000,000 for 55+
8.40%
8.06%
+
40,162
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 8.06%. Over 2 years you will earn R40,162 more in interest at Capitec compared Standard Bank.

3 year fixed deposit interest rates compared

Capitec vs Standard Bank

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

Investment amount Capitec1Standard Bank1 Winner 2
R10,000 for 18+
8.20%
7.67%
+
200
R10,000 for 55+
8.20%
8.17%
+
14
R100,000 for 18+
8.25%
8.16%
+
353
R100,000 for 55+
8.25%
8.16%
+
353
R250,000 for 18+
8.30%
8.16%
+
1,325
R250,000 for 55+
8.30%
8.16%
+
1,325
R1,000,000 for 18+
8.45%
8.16%
+
11,328
R1,000,000 for 55+
8.45%
8.16%
+
11,328
R5,000,000 for 18+
8.45%
8.16%
+
56,642
R5,000,000 for 55+
8.45%
8.16%
+
56,642
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Standard Bank.
    A negative amount means that Standard Bank offers more than Capitec.
How to read this table?

You get a 8.45% interest rate at Capitec for a R5,000,000 investment in a 3 year fixed deposit (if you are older than 55). Standard Bank's interest rate for the same terms is 8.16%. Over 3 years you will earn R56,642 more in interest at Capitec compared Standard Bank.

5 year fixed deposit interest rates compared

Capitec vs Standard Bank

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

Investment amount Capitec1Standard Bank1 Winner 2
R10,000 for 18+
8.60%
8.19%
+
314
R10,000 for 55+
8.60%
8.69%
-
-64
R100,000 for 18+
8.65%
8.69%
-
-283
R100,000 for 55+
8.65%
8.69%
-
-283
R250,000 for 18+
8.75%
8.69%
+
1,239
R250,000 for 55+
8.75%
8.69%
+
1,239
R1,000,000 for 18+
8.85%
8.69%
+
12,765
R1,000,000 for 55+
8.85%
8.69%
+
12,765
R5,000,000 for 18+
8.85%
8.69%
+
63,825
R5,000,000 for 55+
8.85%
8.69%
+
63,825
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Capitec over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 8.69%. Over 5 years you will earn R63,825 more in interest at Capitec compared Standard Bank.