Investec vs African Bank

Interest rates compared

Last updated 1st March 2026 by Walter

Introduction

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

How do Investec fixed deposit interest rates compare to African Bank ?

You are more likely to find better interest rates at Investec than African Bank. Specifically, 53 out of 100 interest rates are better at Investec than African Bank. This means you are more likely to find a better interest rate at African Bank 47% 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
7.78%
best rate
African Bank
9.94%
best rate

The best interest rate you can get at Investec is 7.78% for the 12-month fixed deposit. You will need a minimum deposit of R100,000 . Whilst at African Bank, the best interest rate you can get is 9.94% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 .

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

3 month fixed deposit interest rates compared

Investec vs African Bank

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

Investment amount Investec1African Bank1 Winner 2
R100,000 for 18+
7.00%
6.51%
+
124
R250,000 for 18+
7.00%
6.65%
+
221
R1,000,000 for 18+
7.00%
6.79%
+
531
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above African Bank.
    A negative amount means that African Bank offers more than Investec.
How to read this table?

You get a 7% interest rate at Investec for a R1,000,000 investment in a 3 month fixed deposit (if you are older than 18). African Bank's interest rate for the same terms is 6.79%. Over 3 months you will earn R531 more in interest at Investec compared African Bank.

6 month fixed deposit interest rates compared

Investec vs African Bank

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

Investment amount Investec1African Bank1 Winner 2
R100,000 for 18+
7.26%
7.02%
+
124
R250,000 for 18+
7.26%
7.02%
+
309
R1,000,000 for 18+
7.26%
7.26%
-
0
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above African Bank.
    A negative amount means that African Bank offers more than Investec.
How to read this table?

You get a 7.26% interest rate at Investec for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 18). African Bank's interest rate for the same terms is 7.26%. Over 6 months you will earn R0 less in interest at Investec compared African Bank.

1 year fixed deposit interest rates compared

Investec vs African Bank

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

Investment amount Investec1African Bank1 Winner 2
R100,000 for 18+
7.78%
7.40%
+
407
R250,000 for 18+
7.78%
7.49%
+
777
R1,000,000 for 18+
7.78%
7.59%
+
2,038
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above African Bank.
    A negative amount means that African Bank offers more than Investec.
How to read this table?

You get a 7.78% interest rate at Investec for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 18). African Bank's interest rate for the same terms is 7.59%. Over 12 months you will earn R2,038 more in interest at Investec compared African Bank.

2 year fixed deposit interest rates compared

Investec vs African Bank

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

Investment amount Investec1African Bank1 Winner 2
R100,000 for 18+
6.72%
7.49%
-
-1,764
R250,000 for 18+
6.72%
7.73%
-
-5,798
R1,000,000 for 18+
6.72%
7.73%
-
-23,191
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above African Bank.
    A negative amount means that African Bank offers more than Investec.
How to read this table?

You get a 6.72% interest rate at Investec for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). African Bank's interest rate for the same terms is 7.73%. Over 2 years you will earn R23,191 less in interest at Investec compared African Bank.

5 year fixed deposit interest rates compared

Investec vs African Bank

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

Investment amount Investec1African Bank1 Winner 2
R100,000 for 18+
7.12%
8.19%
-
-7,786
R250,000 for 18+
7.12%
8.42%
-
-23,785
R1,000,000 for 18+
7.12%
9.94%
-
-214,314
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above African Bank.
    A negative amount means that African Bank offers more than Investec.
How to read this table?

You get a 7.12% interest rate at Investec for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). African Bank's interest rate for the same terms is 9.94%. Over 5 years you will earn R214,314 less in interest at Investec compared African Bank.

How do Investec interest rates compare to other banks?