Investec vs FNB

Interest rates compared

Last updated 2nd September 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 2nd September 2024.

How do Investec fixed deposit interest rates compare to FNB ?

You are more likely to find better interest rates at FNB than Investec. Specifically, 38 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 62% 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
FNB
9.65%
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 FNB, the best interest rate you can get is 9.65% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 and be over the age of 55.

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

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+
8.26%
7.70%
+
288
R100,000 for 55+
8.41%
8.40%
+
5
R250,000 for 18+
8.26%
7.75%
+
661
R250,000 for 55+
8.41%
8.45%
-
-60
R1,000,000 for 18+
8.26%
7.85%
+
2,113
R1,000,000 for 55+
8.41%
8.60%
-
-1,006
R5,000,000 for 18+
8.26%
7.85%
+
10,567
R5,000,000 for 55+
8.41%
8.60%
-
-5,032
  • 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 8.41% 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 8.60%. Over 6 months you will earn R5,032 less 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+
8.95%
8.10%
+
920
R100,000 for 55+
9.10%
8.95%
+
160
R250,000 for 18+
8.95%
8.15%
+
2,175
R250,000 for 55+
9.10%
9.00%
+
275
R1,000,000 for 18+
8.95%
8.25%
+
7,600
R1,000,000 for 55+
9.10%
9.10%
-
0
R5,000,000 for 18+
8.95%
8.25%
+
38,000
R5,000,000 for 55+
9.10%
9.10%
-
0
  • 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 9.1% 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 9.10%. Over 12 months you will earn R0 less 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+
8.16%
8.15%
+
22
R100,000 for 55+
8.31%
9.00%
-
-1,635
R250,000 for 18+
8.16%
8.20%
-
-271
R250,000 for 55+
8.31%
9.05%
-
-4,361
R1,000,000 for 18+
8.16%
8.30%
-
-3,256
R1,000,000 for 55+
8.31%
9.20%
-
-21,168
R5,000,000 for 18+
8.16%
8.30%
-
-16,282
R5,000,000 for 55+
8.31%
9.20%
-
-105,842
  • 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 8.31% 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 9.20%. Over 2 years you will earn R105,842 less 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+
8.61%
8.70%
-
-706
R100,000 for 55+
8.91%
9.45%
-
-4,253
R250,000 for 18+
8.61%
8.75%
-
-2,650
R250,000 for 55+
8.91%
9.50%
-
-11,544
R1,000,000 for 18+
8.61%
8.85%
-
-18,411
R1,000,000 for 55+
8.91%
9.65%
-
-58,621
R5,000,000 for 18+
8.61%
8.85%
-
-92,056
R5,000,000 for 55+
8.91%
9.65%
-
-293,107
  • 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 8.91% 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 9.65%. Over 5 years you will earn R293,107 less in interest at Investec compared FNB.

How do Investec interest rates compare to other banks?