Investec vs Fedgroup

Interest rates compared

Last updated 2nd September 2024 by Walter

Introduction

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

You are more likely to find better interest rates at Fedgroup than Investec. Specifically, 0 out of 100 interest rates are better at Investec than Fedgroup. This means you are more likely to find a better interest rate at Fedgroup 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
Fedgroup
9.80%
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 Fedgroup, the best interest rate you can get is 9.8% for the 60-month fixed deposit. You will need a minimum deposit of R5,000 .

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

5 year fixed deposit interest rates compared

Investec vs Fedgroup

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

Investment amount Investec1Fedgroup1 Winner 2
R100,000 for 18+
8.61%
9.80%
-
-9,309
R100,000 for 55+
8.91%
9.80%
-
-7,041
R250,000 for 18+
8.61%
9.80%
-
-23,273
R250,000 for 55+
8.91%
9.80%
-
-17,602
R1,000,000 for 18+
8.61%
9.80%
-
-93,092
R1,000,000 for 55+
8.91%
9.80%
-
-70,407
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Fedgroup.
    A negative amount means that Fedgroup offers more than Investec.
How to read this table?

You get a 8.91% interest rate at Investec for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 55). Fedgroup's interest rate for the same terms is 9.80%. Over 5 years you will earn R70,407 less in interest at Investec compared Fedgroup.

How do Investec interest rates compare to other banks?