Nedbank vs Capitec

Interest rates compared

Last updated 1st July 2025 by Walter

Introduction

This fixed deposit comparison page compares Nedbank interest rates to Capitec interest rates. All the interest rates shown are sourced from the Nedbank and Capitec websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 4th July 2025.

How do Nedbank fixed deposit interest rates compare to Capitec ?

You are more likely to find better interest rates at Nedbank than Capitec. Specifically, 98 out of 100 interest rates are better at Nedbank than Capitec. This means you are more likely to find a better interest rate at Capitec 2% 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
8.85%
best rate
Capitec
8.28%
best rate

The best interest rate you can get at Nedbank is 8.85% for the 60-month fixed deposit. You will need a minimum deposit of R250,000 . Whilst at Capitec, the best interest rate you can get is 8.28% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 .

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

6 month fixed deposit interest rates compared

Nedbank vs Capitec

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

Investment amount Nedbank1Capitec1 Winner 2
R10,000 for 18+
7.40%
7.35%
+
3
R10,000 for 55+
7.45%
7.35%
+
5
R10,000 for 55+
7.40%
7.35%
+
3
R100,000 for 18+
7.75%
7.39%
+
183
R100,000 for 18+
7.60%
7.39%
+
106
R100,000 for 55+
7.75%
7.39%
+
183
R100,000 for 55+
7.65%
7.39%
+
130
R100,000 for 55+
7.60%
7.39%
+
106
R250,000 for 18+
7.85%
7.44%
+
529
R250,000 for 18+
7.70%
7.44%
+
337
R250,000 for 55+
7.85%
7.44%
+
529
R250,000 for 55+
7.75%
7.44%
+
397
R250,000 for 55+
7.70%
7.44%
+
337
R1,000,000 for 18+
7.85%
7.53%
+
1,636
R1,000,000 for 18+
7.75%
7.53%
+
1,107
R1,000,000 for 55+
7.85%
7.53%
+
1,636
R1,000,000 for 55+
7.85%
7.53%
+
1,636
R1,000,000 for 55+
7.75%
7.53%
+
1,107
R5,000,000 for 18+
7.85%
7.53%
+
8,180
R5,000,000 for 18+
7.75%
7.53%
+
5,535
R5,000,000 for 55+
7.85%
7.53%
+
8,180
R5,000,000 for 55+
7.85%
7.53%
+
8,180
R5,000,000 for 55+
7.75%
7.53%
+
5,535
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Capitec.
    A negative amount means that Capitec offers more than Nedbank.
How to read this table?

You get a 7.75% interest rate at Nedbank for a R5,000,000 investment in a 6 month fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 7.53%. Over 6 months you will earn R5,535 more in interest at Nedbank compared Capitec.

1 year fixed deposit interest rates compared

Nedbank vs Capitec

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

Investment amount Nedbank1Capitec1 Winner 2
R10,000 for 18+
7.35%
7.44%
-
-10
R10,000 for 55+
7.65%
7.44%
+
22
R10,000 for 55+
7.35%
7.44%
-
-10
R100,000 for 18+
8.05%
7.49%
+
600
R100,000 for 18+
7.55%
7.49%
+
70
R100,000 for 55+
8.05%
7.49%
+
600
R100,000 for 55+
7.85%
7.49%
+
390
R100,000 for 55+
7.55%
7.49%
+
70
R250,000 for 18+
8.15%
7.53%
+
1,650
R250,000 for 18+
7.90%
7.53%
+
975
R250,000 for 55+
8.15%
7.53%
+
1,650
R250,000 for 55+
8.05%
7.53%
+
1,375
R250,000 for 55+
7.90%
7.53%
+
975
R1,000,000 for 18+
8.15%
7.63%
+
5,600
R1,000,000 for 18+
8.00%
7.63%
+
4,000
R1,000,000 for 55+
8.15%
7.63%
+
5,600
R1,000,000 for 55+
8.15%
7.63%
+
5,600
R1,000,000 for 55+
8.00%
7.63%
+
4,000
R5,000,000 for 18+
8.15%
7.63%
+
28,000
R5,000,000 for 18+
8.00%
7.63%
+
20,000
R5,000,000 for 55+
8.15%
7.63%
+
28,000
R5,000,000 for 55+
8.15%
7.63%
+
28,000
R5,000,000 for 55+
8.00%
7.63%
+
20,000
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Capitec.
    A negative amount means that Capitec offers more than Nedbank.
How to read this table?

You get a 8% interest rate at Nedbank for a R5,000,000 investment in a 1 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 7.63%. Over 12 months you will earn R20,000 more in interest at Nedbank compared Capitec.

2 year fixed deposit interest rates compared

Nedbank vs Capitec

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

Investment amount Nedbank1Capitec1 Winner 2
R10,000 for 18+
7.55%
7.53%
+
4
R10,000 for 55+
7.65%
7.53%
+
26
R10,000 for 55+
7.55%
7.53%
+
4
R100,000 for 18+
7.85%
7.58%
+
626
R100,000 for 18+
7.75%
7.58%
+
389
R100,000 for 55+
7.85%
7.58%
+
626
R100,000 for 55+
7.85%
7.58%
+
626
R100,000 for 55+
7.75%
7.58%
+
389
R250,000 for 18+
8.05%
7.63%
+
2,433
R250,000 for 18+
7.85%
7.63%
+
1,296
R250,000 for 55+
8.05%
7.63%
+
2,433
R250,000 for 55+
7.95%
7.63%
+
1,891
R250,000 for 55+
7.85%
7.63%
+
1,296
R1,000,000 for 18+
8.05%
7.72%
+
7,572
R1,000,000 for 18+
7.90%
7.72%
+
4,108
R1,000,000 for 55+
8.05%
7.72%
+
7,572
R1,000,000 for 55+
8.05%
7.72%
+
7,572
R1,000,000 for 55+
7.90%
7.72%
+
4,108
R5,000,000 for 18+
8.05%
7.72%
+
37,861
R5,000,000 for 18+
7.90%
7.72%
+
20,538
R5,000,000 for 55+
8.05%
7.72%
+
37,861
R5,000,000 for 55+
8.05%
7.72%
+
37,861
R5,000,000 for 55+
7.90%
7.72%
+
20,538
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Capitec.
    A negative amount means that Capitec offers more than Nedbank.
How to read this table?

You get a 7.9% interest rate at Nedbank for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 7.72%. Over 2 years you will earn R20,538 more in interest at Nedbank compared Capitec.

3 year fixed deposit interest rates compared

Nedbank vs Capitec

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

Investment amount Nedbank1Capitec1 Winner 2
R10,000 for 18+
7.60%
7.58%
+
7
R10,000 for 55+
7.70%
7.58%
+
45
R10,000 for 55+
7.60%
7.58%
+
7
R100,000 for 18+
7.90%
7.63%
+
1,016
R100,000 for 18+
7.80%
7.63%
+
630
R100,000 for 55+
7.90%
7.63%
+
1,016
R100,000 for 55+
7.90%
7.63%
+
1,016
R100,000 for 55+
7.80%
7.63%
+
630
R250,000 for 18+
8.10%
7.67%
+
4,038
R250,000 for 18+
7.90%
7.67%
+
2,102
R250,000 for 55+
8.10%
7.67%
+
4,038
R250,000 for 55+
8.00%
7.67%
+
3,069
R250,000 for 55+
7.90%
7.67%
+
2,102
R1,000,000 for 18+
8.10%
7.77%
+
12,651
R1,000,000 for 18+
7.95%
7.77%
+
7,018
R1,000,000 for 55+
8.10%
7.77%
+
12,651
R1,000,000 for 55+
8.10%
7.77%
+
12,651
R1,000,000 for 55+
7.95%
7.77%
+
7,018
R5,000,000 for 18+
8.10%
7.77%
+
63,254
R5,000,000 for 18+
7.95%
7.77%
+
35,089
R5,000,000 for 55+
8.10%
7.77%
+
63,254
R5,000,000 for 55+
8.10%
7.77%
+
63,254
R5,000,000 for 55+
7.95%
7.77%
+
35,089
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Capitec.
    A negative amount means that Capitec offers more than Nedbank.
How to read this table?

You get a 7.95% interest rate at Nedbank for a R5,000,000 investment in a 3 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 7.77%. Over 3 years you will earn R35,089 more in interest at Nedbank compared Capitec.

5 year fixed deposit interest rates compared

Nedbank vs Capitec

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

Investment amount Nedbank1Capitec1 Winner 2
R10,000 for 18+
8.25%
8.00%
+
187
R10,000 for 55+
8.55%
8.00%
+
410
R10,000 for 55+
8.25%
8.00%
+
187
R100,000 for 18+
8.70%
8.09%
+
4,612
R100,000 for 18+
8.45%
8.09%
+
2,712
R100,000 for 55+
8.70%
8.09%
+
4,612
R100,000 for 55+
8.65%
8.09%
+
4,188
R100,000 for 55+
8.45%
8.09%
+
2,712
R250,000 for 18+
8.85%
8.19%
+
12,639
R250,000 for 18+
8.55%
8.19%
+
6,805
R250,000 for 55+
8.85%
8.19%
+
12,639
R250,000 for 55+
8.70%
8.19%
+
9,802
R250,000 for 55+
8.55%
8.19%
+
6,805
R1,000,000 for 18+
8.85%
8.28%
+
43,615
R1,000,000 for 18+
8.65%
8.28%
+
28,025
R1,000,000 for 55+
8.85%
8.28%
+
43,615
R1,000,000 for 55+
8.85%
8.28%
+
43,615
R1,000,000 for 55+
8.65%
8.28%
+
28,025
R5,000,000 for 18+
8.85%
8.28%
+
218,077
R5,000,000 for 18+
8.65%
8.28%
+
140,126
R5,000,000 for 55+
8.85%
8.28%
+
218,077
R5,000,000 for 55+
8.85%
8.28%
+
218,077
R5,000,000 for 55+
8.65%
8.28%
+
140,126
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Capitec.
    A negative amount means that Capitec offers more than Nedbank.
How to read this table?

You get a 8.65% interest rate at Nedbank for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 55). Capitec's interest rate for the same terms is 8.28%. Over 5 years you will earn R140,126 more in interest at Nedbank compared Capitec.