Investec vs TymeBank

Interest rates compared

Last updated 1st November 2024 by Walter

Introduction

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

You are more likely to find better interest rates at Investec than TymeBank. Specifically, 82 out of 100 interest rates are better at Investec than TymeBank. This means you are more likely to find a better interest rate at TymeBank 18% 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
TymeBank
8.65%
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 TymeBank, the best interest rate you can get is 8.65% for the 12-month fixed deposit. You will need a minimum deposit of R1 .

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

3 month fixed deposit interest rates compared

Investec vs TymeBank

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

Investment amount Investec1TymeBank1 Winner 2
R100,000 for 18+
7.37%
6.96%
+
102
R250,000 for 18+
7.57%
6.96%
+
385
R250,000 for 18+
7.37%
6.96%
+
255
R1,000,000 for 18+
7.82%
6.96%
+
2,176
R1,000,000 for 18+
7.57%
6.96%
+
1,539
R5,000,000 for 18+
7.82%
6.96%
+
10,882
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above TymeBank.
    A negative amount means that TymeBank 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). TymeBank's interest rate for the same terms is 6.96%. Over 3 months you will earn R10,882 more in interest at Investec compared TymeBank.

6 month fixed deposit interest rates compared

Investec vs TymeBank

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

Investment amount Investec1TymeBank1 Winner 2
R100,000 for 18+
7.94%
7.87%
+
38
R100,000 for 55+
8.09%
7.87%
+
115
R250,000 for 18+
7.94%
7.87%
+
96
R250,000 for 55+
8.09%
7.87%
+
288
R1,000,000 for 18+
7.94%
7.87%
+
385
R1,000,000 for 55+
8.09%
7.87%
+
1,153
R5,000,000 for 18+
7.94%
7.87%
+
1,923
R5,000,000 for 55+
8.09%
7.87%
+
5,766
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above TymeBank.
    A negative amount means that TymeBank 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). TymeBank's interest rate for the same terms is 7.87%. Over 6 months you will earn R5,766 more in interest at Investec compared TymeBank.

1 year fixed deposit interest rates compared

Investec vs TymeBank

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

Investment amount Investec1TymeBank1 Winner 2
R100,000 for 18+
8.65%
8.65%
-
0
R100,000 for 55+
8.75%
8.65%
+
110
R250,000 for 18+
8.65%
8.65%
-
0
R250,000 for 55+
8.75%
8.65%
+
275
R1,000,000 for 18+
8.65%
8.65%
-
0
R1,000,000 for 55+
8.75%
8.65%
+
1,100
R5,000,000 for 18+
8.65%
8.65%
-
0
R5,000,000 for 55+
8.75%
8.65%
+
5,500
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Investec over and above TymeBank.
    A negative amount means that TymeBank 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). TymeBank's interest rate for the same terms is 8.65%. Over 12 months you will earn R5,500 more in interest at Investec compared TymeBank.

How do Investec interest rates compare to other banks?