Nedbank vs Access Bank Plc

Interest rates compared

Last updated 1st September 2026 by Walter

Introduction

This fixed deposit comparison page compares Nedbank interest rates to Access Bank Plc interest rates. All the interest rates shown are sourced from the Nedbank and Access Bank Plc websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 1st September 2026.

How do Nedbank fixed deposit interest rates compare to Access Bank Plc ?

You are more likely to find better interest rates at Nedbank than Access Bank Plc. Specifically, 64 out of 100 interest rates are better at Nedbank than Access Bank Plc. This means you are more likely to find a better interest rate at Access Bank Plc 36% 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)

Nedbank
8.30%
best rate
Access Bank Plc
7.75%
best rate

The best interest rate you can get at Nedbank is 8.3% for the 60-month fixed deposit. You will need a minimum deposit of R250,000 . Whilst at Access Bank Plc, the best interest rate you can get is 7.75% for the 60-month fixed deposit. You will need a minimum deposit of R0 .

But how do interest rates at Nedbank compare to Access Bank Plc across different terms and investment amounts?

3 month fixed deposit interest rates compared

Nedbank vs Access Bank Plc

This table shows Nedbank's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 month fixed deposit.

Investment amount Nedbank1Access Bank Plc1 Winner 2
R10,000 for 18+
6.40%
6.80%
-
-10
R100,000 for 18+
6.70%
6.80%
-
-25
R250,000 for 18+
6.80%
6.80%
-
0
R1,000,000 for 18+
6.80%
6.80%
-
0
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Nedbank.
How to read this table?

You get a 6.8% interest rate at Nedbank for a R1,000,000 investment in a 3 month fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 6.80%. Over 3 months you will earn R0 less in interest at Nedbank compared Access Bank Plc.

6 month fixed deposit interest rates compared

Nedbank vs Access Bank Plc

This table shows Nedbank's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 6 month fixed deposit.

Investment amount Nedbank1Access Bank Plc1 Winner 2
R10,000 for 18+
6.70%
7.00%
-
-15
R100,000 for 18+
7.00%
7.00%
-
0
R250,000 for 18+
7.15%
7.00%
+
193
R1,000,000 for 18+
7.15%
7.00%
+
772
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Nedbank.
How to read this table?

You get a 7.15% interest rate at Nedbank for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.00%. Over 6 months you will earn R772 more in interest at Nedbank compared Access Bank Plc.

1 year fixed deposit interest rates compared

Nedbank vs Access Bank Plc

This table shows Nedbank's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1 year fixed deposit.

Investment amount Nedbank1Access Bank Plc1 Winner 2
R10,000 for 18+
7.15%
7.25%
-
-11
R100,000 for 18+
7.55%
7.25%
+
321
R250,000 for 18+
7.65%
7.25%
+
1,070
R1,000,000 for 18+
7.65%
7.25%
+
4,282
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Nedbank.
How to read this table?

You get a 7.65% interest rate at Nedbank for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.25%. Over 12 months you will earn R4,282 more in interest at Nedbank compared Access Bank Plc.

1.5 year fixed deposit interest rates compared

Nedbank vs Access Bank Plc

This table shows Nedbank's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1.5 year fixed deposit.

Investment amount Nedbank1Access Bank Plc1 Winner 2
R10,000 for 18+
7.25%
7.25%
-
0
R100,000 for 18+
7.55%
7.25%
+
500
R250,000 for 18+
7.65%
7.25%
+
1,666
R1,000,000 for 18+
7.65%
7.25%
+
6,666
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Nedbank.
How to read this table?

You get a 7.65% interest rate at Nedbank for a R1,000,000 investment in a 1.5 year fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.25%. Over 1.5 years you will earn R6,666 more in interest at Nedbank compared Access Bank Plc.

2 year fixed deposit interest rates compared

Nedbank vs Access Bank Plc

This table shows Nedbank's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 2 year fixed deposit.

Investment amount Nedbank1Access Bank Plc1 Winner 2
R10,000 for 18+
7.30%
7.50%
-
-46
R100,000 for 18+
7.60%
7.50%
+
231
R250,000 for 18+
7.70%
7.50%
+
1,156
R1,000,000 for 18+
7.70%
7.50%
+
4,625
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Nedbank.
How to read this table?

You get a 7.7% interest rate at Nedbank for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.50%. Over 2 years you will earn R4,625 more in interest at Nedbank compared Access Bank Plc.

3 year fixed deposit interest rates compared

Nedbank vs Access Bank Plc

This table shows Nedbank's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit.

Investment amount Nedbank1Access Bank Plc1 Winner 2
R10,000 for 18+
7.35%
7.60%
-
-93
R100,000 for 18+
7.65%
7.60%
+
187
R250,000 for 18+
7.75%
7.60%
+
1,406
R1,000,000 for 18+
7.75%
7.60%
+
5,625
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Nedbank.
How to read this table?

You get a 7.75% interest rate at Nedbank for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.60%. Over 3 years you will earn R5,625 more in interest at Nedbank compared Access Bank Plc.

5 year fixed deposit interest rates compared

Nedbank vs Access Bank Plc

This table shows Nedbank's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 5 year fixed deposit.

Investment amount Nedbank1Access Bank Plc1 Winner 2
R10,000 for 18+
8.00%
7.75%
+
184
R100,000 for 18+
8.15%
7.75%
+
2,953
R250,000 for 18+
8.30%
7.75%
+
10,188
R1,000,000 for 18+
8.30%
7.75%
+
40,750
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Nedbank.
How to read this table?

You get a 8.3% interest rate at Nedbank for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.75%. Over 5 years you will earn R40,750 more in interest at Nedbank compared Access Bank Plc.

How do Nedbank interest rates compare to other banks?