Investec vs Standard Bank

Interest rates compared

Last updated 2nd September 2024 by Walter

Introduction

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

You are more likely to find better interest rates at Investec than Standard Bank. Specifically, 100 out of 100 interest rates are better at Investec than Standard Bank. This means you are more likely to find a better interest rate at Standard Bank 0% 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
Standard Bank
8.49%
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 Standard Bank, the best interest rate you can get is 8.49% for the 60-month fixed deposit. You will need a minimum deposit of R10,000 and be over the age of 55.

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

6 month fixed deposit interest rates compared

Investec vs Standard Bank

This table shows Investec's and Standard 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 Investec1Standard Bank1 Winner 2
R100,000 for 18+
8.26%
7.98%
+
144
R100,000 for 55+
8.41%
7.98%
+
221
R250,000 for 18+
8.26%
7.98%
+
360
R250,000 for 55+
8.41%
7.98%
+
552
R1,000,000 for 18+
8.26%
8.08%
+
912
R1,000,000 for 55+
8.41%
8.08%
+
1,680
R5,000,000 for 18+
8.26%
8.15%
+
2,880
R5,000,000 for 55+
8.41%
8.15%
+
6,717
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 8.15%. Over 6 months you will earn R6,717 more in interest at Investec compared Standard Bank.

1 year fixed deposit interest rates compared

Investec vs Standard Bank

This table shows Investec's and Standard 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 Investec1Standard Bank1 Winner 2
R100,000 for 18+
8.95%
7.95%
+
1,080
R100,000 for 55+
9.10%
7.95%
+
1,240
R250,000 for 18+
8.95%
7.95%
+
2,700
R250,000 for 55+
9.10%
7.95%
+
3,100
R1,000,000 for 18+
8.95%
8.06%
+
9,700
R1,000,000 for 55+
9.10%
8.06%
+
11,300
R5,000,000 for 18+
8.95%
8.12%
+
45,000
R5,000,000 for 55+
9.10%
8.12%
+
53,000
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 8.12%. Over 12 months you will earn R53,000 more in interest at Investec compared Standard Bank.

2 year fixed deposit interest rates compared

Investec vs Standard Bank

This table shows Investec's and Standard 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 Investec1Standard Bank1 Winner 2
R100,000 for 18+
8.16%
8.01%
+
347
R100,000 for 55+
8.31%
8.01%
+
694
R250,000 for 18+
8.16%
8.01%
+
867
R250,000 for 55+
8.31%
8.01%
+
1,736
R1,000,000 for 18+
8.16%
8.01%
+
3,468
R1,000,000 for 55+
8.31%
8.01%
+
6,942
R5,000,000 for 18+
8.16%
8.01%
+
17,342
R5,000,000 for 55+
8.31%
8.01%
+
34,710
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 8.01%. Over 2 years you will earn R34,710 more in interest at Investec compared Standard Bank.

5 year fixed deposit interest rates compared

Investec vs Standard Bank

This table shows Investec's and Standard 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 Investec1Standard Bank1 Winner 2
R100,000 for 18+
8.61%
8.39%
+
1,684
R100,000 for 55+
8.91%
8.39%
+
3,952
R250,000 for 18+
8.61%
8.39%
+
4,210
R250,000 for 55+
8.91%
8.39%
+
9,881
R1,000,000 for 18+
8.61%
8.39%
+
16,840
R1,000,000 for 55+
8.91%
8.39%
+
39,525
R5,000,000 for 18+
8.61%
8.39%
+
84,199
R5,000,000 for 55+
8.91%
8.39%
+
197,624
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above Standard Bank.
    A negative amount means that Standard Bank 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). Standard Bank's interest rate for the same terms is 8.39%. Over 5 years you will earn R197,624 more in interest at Investec compared Standard Bank.

How do Investec interest rates compare to other banks?