Investec vs FNB

Interest rates compared

Last updated 1st November 2024 by Walter

Introduction

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

You are more likely to find better interest rates at Investec than FNB. Specifically, 89 out of 100 interest rates are better at Investec than FNB. This means you are more likely to find a better interest rate at FNB 11% 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
FNB
8.60%
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 FNB, the best interest rate you can get is 8.6% 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 FNB across different terms and investment amounts?

3 month fixed deposit interest rates compared

Investec vs FNB

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

Investment amount Investec1FNB1 Winner 2
R100,000 for 18+
7.37%
7.30%
+
17
R250,000 for 18+
7.57%
7.40%
+
106
R250,000 for 18+
7.37%
7.40%
-
-24
R1,000,000 for 18+
7.82%
7.60%
+
566
R1,000,000 for 18+
7.57%
7.60%
-
-71
R5,000,000 for 18+
7.82%
7.60%
+
2,832
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above FNB.
    A negative amount means that FNB offers more than Investec.
How to read this table?

You get a 7.82% interest rate at Investec for a R5,000,000 investment in a 3 month fixed deposit (if you are older than 18). FNB's interest rate for the same terms is 7.60%. Over 3 months you will earn R2,832 more in interest at Investec compared FNB.

6 month fixed deposit interest rates compared

Investec vs FNB

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

Investment amount Investec1FNB1 Winner 2
R100,000 for 18+
7.94%
7.45%
+
255
R100,000 for 55+
8.09%
7.45%
+
332
R250,000 for 18+
7.94%
7.55%
+
505
R250,000 for 55+
8.09%
7.55%
+
697
R1,000,000 for 18+
7.94%
7.75%
+
1,010
R1,000,000 for 55+
8.09%
7.75%
+
1,778
R5,000,000 for 18+
7.94%
7.75%
+
5,049
R5,000,000 for 55+
8.09%
7.75%
+
8,892
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 7.75%. Over 6 months you will earn R8,892 more in interest at Investec compared FNB.

1 year fixed deposit interest rates compared

Investec vs FNB

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

Investment amount Investec1FNB1 Winner 2
R100,000 for 18+
8.65%
7.95%
+
750
R100,000 for 55+
8.75%
7.95%
+
860
R250,000 for 18+
8.65%
8.05%
+
1,625
R250,000 for 55+
8.75%
8.05%
+
1,900
R1,000,000 for 18+
8.65%
8.25%
+
4,300
R1,000,000 for 55+
8.75%
8.25%
+
5,400
R5,000,000 for 18+
8.65%
8.25%
+
21,500
R5,000,000 for 55+
8.75%
8.25%
+
27,000
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 8.25%. Over 12 months you will earn R27,000 more in interest at Investec compared FNB.

2 year fixed deposit interest rates compared

Investec vs FNB

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

Investment amount Investec1FNB1 Winner 2
R100,000 for 18+
8.14%
7.90%
+
563
R100,000 for 55+
8.29%
7.90%
+
911
R250,000 for 18+
8.14%
8.00%
+
813
R250,000 for 55+
8.29%
8.00%
+
1,681
R1,000,000 for 18+
8.14%
8.20%
-
-1,519
R1,000,000 for 55+
8.29%
8.20%
+
1,954
R5,000,000 for 18+
8.14%
8.20%
-
-7,594
R5,000,000 for 55+
8.29%
8.20%
+
9,771
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 8.20%. Over 2 years you will earn R9,771 more in interest at Investec compared FNB.

5 year fixed deposit interest rates compared

Investec vs FNB

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

Investment amount Investec1FNB1 Winner 2
R100,000 for 18+
8.75%
8.30%
+
3,441
R100,000 for 55+
8.90%
8.30%
+
4,578
R250,000 for 18+
8.75%
8.40%
+
6,685
R250,000 for 55+
8.90%
8.40%
+
9,528
R1,000,000 for 18+
8.75%
8.60%
+
11,305
R1,000,000 for 55+
8.90%
8.60%
+
22,677
R5,000,000 for 18+
8.75%
8.60%
+
56,526
R5,000,000 for 55+
8.90%
8.60%
+
113,384
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 8.60%. Over 5 years you will earn R113,384 more in interest at Investec compared FNB.

How do Investec interest rates compare to other banks?