Fedgroup vs Investec

Interest rates compared

Last updated 1st November 2024 by Walter

Introduction

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

You are more likely to find better interest rates at Fedgroup than Investec. Specifically, 100 out of 100 interest rates are better at Fedgroup than Investec. This means you are more likely to find a better interest rate at Investec 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
9.30%
best rate
Investec
8.90%
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 Investec, the best interest rate you can get is 8.9% for the 60-month fixed deposit. You will need a minimum deposit of R100,000 and be over the age of 55.

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

5 year fixed deposit interest rates compared

Fedgroup vs Investec

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

Investment amount Fedgroup1Investec1 Winner 2
R100,000 for 18+
9.30%
8.75%
+
4,299
R100,000 for 55+
9.30%
8.90%
+
3,162
R250,000 for 18+
9.30%
8.75%
+
10,747
R250,000 for 55+
9.30%
8.90%
+
7,904
R1,000,000 for 18+
9.30%
8.75%
+
42,989
R1,000,000 for 55+
9.30%
8.90%
+
31,617
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Fedgroup over and above Investec.
    A negative amount means that Investec offers more than Fedgroup.
How to read this table?

You get a 9.3% interest rate at Fedgroup for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 55). Investec's interest rate for the same terms is 8.90%. Over 5 years you will earn R31,617 more in interest at Fedgroup compared Investec.

How do Fedgroup interest rates compare to other banks?