Investec vs Capitec

Interest rates compared

Last updated 1st November 2024 by Walter

Introduction

This fixed deposit comparison page compares Investec interest rates to Capitec interest rates. All the interest rates shown are sourced from the Investec 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 November 2024.

How do Investec fixed deposit interest rates compare to Capitec ?

You are more likely to find better interest rates at Investec than Capitec. Specifically, 66 out of 100 interest rates are better at Investec than Capitec. This means you are more likely to find a better interest rate at Capitec 34% 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
8.90%
best rate
Capitec
8.85%
best rate

The best interest rate you can get at Investec 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. Whilst at Capitec, the best interest rate you can get is 8.85% 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 Capitec across different terms and investment amounts?

6 month fixed deposit interest rates compared

Investec vs Capitec

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

Investment amount Investec1Capitec1 Winner 2
R100,000 for 18+
7.94%
7.75%
+
101
R100,000 for 55+
8.09%
7.75%
+
178
R250,000 for 18+
7.94%
7.80%
+
192
R250,000 for 55+
8.09%
7.80%
+
384
R1,000,000 for 18+
7.94%
8.00%
-
-288
R1,000,000 for 55+
8.09%
8.00%
+
480
R5,000,000 for 18+
7.94%
8.00%
-
-1,442
R5,000,000 for 55+
8.09%
8.00%
+
2,402
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Capitec.
    A negative amount means that Capitec offers more than Investec.
How to read this table?

You get a 8.09% interest rate at Investec for a R5,000,000 investment in a 6 month fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 8.00%. Over 6 months you will earn R2,402 more in interest at Investec compared Capitec.

1 year fixed deposit interest rates compared

Investec vs Capitec

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

Investment amount Investec1Capitec1 Winner 2
R100,000 for 18+
8.65%
8.10%
+
590
R100,000 for 55+
8.75%
8.10%
+
700
R250,000 for 18+
8.65%
8.15%
+
1,350
R250,000 for 55+
8.75%
8.15%
+
1,625
R1,000,000 for 18+
8.65%
8.30%
+
3,800
R1,000,000 for 55+
8.75%
8.30%
+
4,900
R5,000,000 for 18+
8.65%
8.30%
+
19,000
R5,000,000 for 55+
8.75%
8.30%
+
24,500
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Capitec.
    A negative amount means that Capitec offers more than Investec.
How to read this table?

You get a 8.75% interest rate at Investec for a R5,000,000 investment in a 1 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 8.30%. Over 12 months you will earn R24,500 more in interest at Investec compared Capitec.

2 year fixed deposit interest rates compared

Investec vs Capitec

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

Investment amount Investec1Capitec1 Winner 2
R100,000 for 18+
8.14%
8.20%
-
-152
R100,000 for 55+
8.29%
8.20%
+
195
R250,000 for 18+
8.14%
8.25%
-
-651
R250,000 for 55+
8.29%
8.25%
+
217
R1,000,000 for 18+
8.14%
8.40%
-
-6,081
R1,000,000 for 55+
8.29%
8.40%
-
-2,608
R5,000,000 for 18+
8.14%
8.40%
-
-30,405
R5,000,000 for 55+
8.29%
8.40%
-
-13,040
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Capitec.
    A negative amount means that Capitec offers more than Investec.
How to read this table?

You get a 8.29% interest rate at Investec for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 8.40%. Over 2 years you will earn R13,040 less in interest at Investec compared Capitec.

5 year fixed deposit interest rates compared

Investec vs Capitec

This table shows Investec'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 Investec1Capitec1 Winner 2
R100,000 for 18+
8.75%
8.65%
+
778
R100,000 for 55+
8.90%
8.65%
+
1,915
R250,000 for 18+
8.75%
8.75%
-
0
R250,000 for 55+
8.90%
8.75%
+
2,843
R1,000,000 for 18+
8.75%
8.85%
-
-7,811
R1,000,000 for 55+
8.90%
8.85%
+
3,561
R5,000,000 for 18+
8.75%
8.85%
-
-39,054
R5,000,000 for 55+
8.90%
8.85%
+
17,804
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Capitec.
    A negative amount means that Capitec offers more than Investec.
How to read this table?

You get a 8.9% interest rate at Investec for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 8.85%. Over 5 years you will earn R17,804 more in interest at Investec compared Capitec.

How do Investec interest rates compare to other banks?