FNB vs Absa

Interest rates compared

Last updated 2nd June 2026 by Walter

Introduction

This fixed deposit comparison page compares FNB interest rates to Absa interest rates. All the interest rates shown are sourced from the FNB and Absa websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 2nd June 2026.

How do FNB fixed deposit interest rates compare to Absa ?

You are more likely to find better interest rates at Absa than FNB. Specifically, 6 out of 100 interest rates are better at FNB than Absa. This means you are more likely to find a better interest rate at Absa 94% 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)

FNB
7.60%
best rate
Absa
8.05%
best rate

The best interest rate you can get at FNB is 7.6% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 . Whilst at Absa, the best interest rate you can get is 8.05% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 .

But how do interest rates at FNB compare to Absa across different terms and investment amounts?

1 month fixed deposit interest rates compared

FNB vs Absa

This table shows FNB's and Absa's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1 month fixed deposit.

Investment amount FNB1Absa1 Winner 2
R10,000 for 18+
5.95%
6.20%
-
-2
R100,000 for 18+
5.95%
6.30%
-
-29
R250,000 for 18+
6.05%
6.30%
-
-52
R1,000,000 for 18+
6.30%
6.35%
-
-42
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above Absa.
    A negative amount means that Absa offers more than FNB.
How to read this table?

You get a 6.3% interest rate at FNB for a R1,000,000 investment in a 1 month fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 6.35%. Over 1 months you will earn R42 less in interest at FNB compared Absa.

3 month fixed deposit interest rates compared

FNB vs Absa

This table shows FNB's and Absa's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 month fixed deposit.

Investment amount FNB1Absa1 Winner 2
R10,000 for 18+
6.20%
6.20%
-
0
R100,000 for 18+
6.20%
6.25%
-
-13
R250,000 for 18+
6.30%
6.25%
+
32
R1,000,000 for 18+
6.50%
6.35%
+
379
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above Absa.
    A negative amount means that Absa offers more than FNB.
How to read this table?

You get a 6.5% interest rate at FNB for a R1,000,000 investment in a 3 month fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 6.35%. Over 3 months you will earn R379 more in interest at FNB compared Absa.

6 month fixed deposit interest rates compared

FNB vs Absa

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

Investment amount FNB1Absa1 Winner 2
R10,000 for 18+
6.45%
6.80%
-
-18
R100,000 for 18+
6.45%
7.10%
-
-334
R250,000 for 18+
6.55%
7.10%
-
-707
R1,000,000 for 18+
6.75%
7.10%
-
-1,801
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above Absa.
    A negative amount means that Absa offers more than FNB.
How to read this table?

You get a 6.75% interest rate at FNB for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.10%. Over 6 months you will earn R1,801 less in interest at FNB compared Absa.

9 month fixed deposit interest rates compared

FNB vs Absa

This table shows FNB's and Absa's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 9 month fixed deposit.

Investment amount FNB1Absa1 Winner 2
R10,000 for 18+
6.55%
6.65%
-
-8
R100,000 for 18+
6.55%
7.15%
-
-471
R250,000 for 18+
6.65%
7.15%
-
-982
R1,000,000 for 18+
6.85%
7.15%
-
-2,357
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above Absa.
    A negative amount means that Absa offers more than FNB.
How to read this table?

You get a 6.85% interest rate at FNB for a R1,000,000 investment in a 9 month fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.15%. Over 9 months you will earn R2,357 less in interest at FNB compared Absa.

1 year fixed deposit interest rates compared

FNB vs Absa

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

Investment amount FNB1Absa1 Winner 2
R10,000 for 18+
6.75%
7.20%
-
-48
R100,000 for 18+
6.75%
7.30%
-
-586
R250,000 for 18+
6.85%
7.30%
-
-1,200
R1,000,000 for 18+
7.05%
7.30%
-
-2,669
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above Absa.
    A negative amount means that Absa offers more than FNB.
How to read this table?

You get a 7.05% interest rate at FNB for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.30%. Over 12 months you will earn R2,669 less in interest at FNB compared Absa.

2 year fixed deposit interest rates compared

FNB vs Absa

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

Investment amount FNB1Absa1 Winner 2
R10,000 for 18+
6.85%
7.50%
-
-149
R100,000 for 18+
6.85%
7.50%
-
-1,491
R250,000 for 18+
6.95%
7.50%
-
-3,157
R1,000,000 for 18+
7.15%
7.60%
-
-10,362
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above Absa.
    A negative amount means that Absa offers more than FNB.
How to read this table?

You get a 7.15% interest rate at FNB for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.60%. Over 2 years you will earn R10,362 less in interest at FNB compared Absa.

3 year fixed deposit interest rates compared

FNB vs Absa

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

Investment amount FNB1Absa1 Winner 2
R10,000 for 18+
6.90%
7.50%
-
-222
R100,000 for 18+
6.90%
7.60%
-
-2,593
R250,000 for 18+
7.00%
7.60%
-
-5,564
R1,000,000 for 18+
7.20%
7.80%
-
-22,386
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above Absa.
    A negative amount means that Absa offers more than FNB.
How to read this table?

You get a 7.2% interest rate at FNB for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.80%. Over 3 years you will earn R22,386 less in interest at FNB compared Absa.

5 year fixed deposit interest rates compared

FNB vs Absa

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

Investment amount FNB1Absa1 Winner 2
R10,000 for 18+
7.30%
7.70%
-
-289
R100,000 for 18+
7.30%
7.90%
-
-4,354
R250,000 for 18+
7.40%
7.90%
-
-9,093
R1,000,000 for 18+
7.60%
8.05%
-
-33,017
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above Absa.
    A negative amount means that Absa offers more than FNB.
How to read this table?

You get a 7.6% interest rate at FNB for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 8.05%. Over 5 years you will earn R33,017 less in interest at FNB compared Absa.

How do FNB interest rates compare to other banks?