Fedgroup vs Bidvest

Interest rates compared

Last updated 1st November 2024 by Walter

Introduction

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

You are more likely to find better interest rates at Bidvest than Fedgroup. Specifically, 1 out of 100 interest rates are better at Fedgroup than Bidvest. This means you are more likely to find a better interest rate at Bidvest 99% 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)

Fedgroup
9.30%
best rate
Bidvest
8.65%
best rate

The best interest rate you can get at Fedgroup is 9.3% for the 60-month fixed deposit. You will need a minimum deposit of R5,000 . Whilst at Bidvest, the best interest rate you can get is 8.65% for the 12-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 Fedgroup compare to Bidvest across different terms and investment amounts?