Investec vs Access Bank Plc

Interest rates compared

Last updated 2nd September 2024 by Walter

Introduction

This fixed deposit comparison page compares Investec interest rates to Access Bank Plc interest rates. All the interest rates shown are sourced from the Investec and Access Bank Plc websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 2nd September 2024.

How do Investec fixed deposit interest rates compare to Access Bank Plc ?

You are more likely to find better interest rates at Access Bank Plc than Investec. Specifically, 0 out of 100 interest rates are better at Investec than Access Bank Plc. This means you are more likely to find a better interest rate at Access Bank Plc 100% 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)

Investec
9.10%
best rate
Access Bank Plc
10.45%
best rate

The best interest rate you can get at Investec is 9.1% for the 12-month fixed deposit. You will need a minimum deposit of R100,000 and be over the age of 55. Whilst at Access Bank Plc, the best interest rate you can get is 10.45% for the 60-month fixed deposit. You will need a minimum deposit of R500 .

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

6 month fixed deposit interest rates compared

Investec vs Access Bank Plc

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

Investment amount Investec1Access Bank Plc1 Winner 2
R100,000 for 18+
8.26%
8.66%
-
-206
R100,000 for 55+
8.41%
8.66%
-
-129
R250,000 for 18+
8.26%
8.66%
-
-515
R250,000 for 55+
8.41%
8.66%
-
-323
R1,000,000 for 18+
8.26%
8.75%
-
-2,540
R1,000,000 for 55+
8.41%
8.75%
-
-1,773
R5,000,000 for 18+
8.26%
9.00%
-
-19,158
R5,000,000 for 55+
8.41%
9.00%
-
-15,321
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Investec.
How to read this table?

You get a 8.41% interest rate at Investec for a R5,000,000 investment in a 6 month fixed deposit (if you are older than 55). Access Bank Plc's interest rate for the same terms is 9.00%. Over 6 months you will earn R15,321 less in interest at Investec compared Access Bank Plc.

1 year fixed deposit interest rates compared

Investec vs Access Bank Plc

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

Investment amount Investec1Access Bank Plc1 Winner 2
R100,000 for 18+
8.95%
9.50%
-
-590
R100,000 for 55+
9.10%
9.50%
-
-430
R250,000 for 18+
8.95%
9.50%
-
-1,475
R250,000 for 55+
9.10%
9.50%
-
-1,075
R1,000,000 for 18+
8.95%
9.50%
-
-5,900
R1,000,000 for 55+
9.10%
9.50%
-
-4,300
R5,000,000 for 18+
8.95%
9.50%
-
-29,500
R5,000,000 for 55+
9.10%
9.50%
-
-21,500
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Investec.
How to read this table?

You get a 9.1% interest rate at Investec for a R5,000,000 investment in a 1 year fixed deposit (if you are older than 55). Access Bank Plc's interest rate for the same terms is 9.50%. Over 12 months you will earn R21,500 less in interest at Investec compared Access Bank Plc.

2 year fixed deposit interest rates compared

Investec vs Access Bank Plc

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

Investment amount Investec1Access Bank Plc1 Winner 2
R100,000 for 18+
8.16%
9.55%
-
-3,299
R100,000 for 55+
8.31%
9.55%
-
-2,951
R250,000 for 18+
8.16%
9.55%
-
-8,246
R250,000 for 55+
8.31%
9.55%
-
-7,378
R1,000,000 for 18+
8.16%
9.55%
-
-32,986
R1,000,000 for 55+
8.31%
9.55%
-
-29,512
R5,000,000 for 18+
8.16%
9.55%
-
-164,930
R5,000,000 for 55+
8.31%
9.55%
-
-147,562
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Investec.
How to read this table?

You get a 8.31% interest rate at Investec for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 55). Access Bank Plc's interest rate for the same terms is 9.55%. Over 2 years you will earn R147,562 less in interest at Investec compared Access Bank Plc.

5 year fixed deposit interest rates compared

Investec vs Access Bank Plc

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

Investment amount Investec1Access Bank Plc1 Winner 2
R100,000 for 18+
8.61%
10.45%
-
-14,698
R100,000 for 55+
8.91%
10.45%
-
-12,429
R250,000 for 18+
8.61%
10.45%
-
-36,745
R250,000 for 55+
8.91%
10.45%
-
-31,074
R1,000,000 for 18+
8.61%
10.45%
-
-146,979
R1,000,000 for 55+
8.91%
10.45%
-
-124,294
R5,000,000 for 18+
8.61%
10.45%
-
-734,897
R5,000,000 for 55+
8.91%
10.45%
-
-621,472
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Investec.
How to read this table?

You get a 8.91% interest rate at Investec for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 55). Access Bank Plc's interest rate for the same terms is 10.45%. Over 5 years you will earn R621,472 less in interest at Investec compared Access Bank Plc.

How do Investec interest rates compare to other banks?