Fedgroup vs Capitec

Interest rates compared

Last updated 1st April 2026 by Walter

Introduction

This fixed deposit comparison page compares Fedgroup interest rates to Capitec interest rates. All the interest rates shown are sourced from the Fedgroup and Capitec websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 1st April 2026.

How do Fedgroup fixed deposit interest rates compare to Capitec ?

You are more likely to find better interest rates at Fedgroup than Capitec. Specifically, 100 out of 100 interest rates are better at Fedgroup than Capitec. This means you are more likely to find a better interest rate at Capitec 0% 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
8.65%
best rate
Capitec
7.60%
best rate

The best interest rate you can get at Fedgroup is 8.65% for the 60-month fixed deposit. You will need a minimum deposit of R1 . Whilst at Capitec, the best interest rate you can get is 7.6% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 .

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

5 year fixed deposit interest rates compared

Fedgroup vs Capitec

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

Investment amount Fedgroup1Capitec1 Winner 2
R10,000 for 18+
8.65%
7.20%
+
1,069
R100,000 for 18+
8.65%
7.40%
+
9,263
R250,000 for 18+
8.65%
7.45%
+
22,257
R1,000,000 for 18+
8.65%
7.60%
+
78,183
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Fedgroup over and above Capitec.
    A negative amount means that Capitec offers more than Fedgroup.
How to read this table?

You get a 8.65% interest rate at Fedgroup for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). Capitec's interest rate for the same terms is 7.60%. Over 5 years you will earn R78,183 more in interest at Fedgroup compared Capitec.

How do Fedgroup interest rates compare to other banks?