Nedbank
vs
Capitec
Interest rates compared
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 2nd October 2026.
How do Nedbank fixed deposit interest rates compare to Capitec ?
You are more likely to find better interest rates at Nedbank than Capitec. Specifically, 83 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 17% 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)
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 Capitec, the best interest rate you can get is 8.4% 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
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 | Nedbank1 | Capitec1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 6.70% | 6.70% | - 0 |
| R100,000 for 18+ | 7.00% | 6.80% | + 103 |
| R250,000 for 18+ | 7.15% | 6.90% | + 322 |
| R1,000,000 for 18+ | 7.15% | 7.15% | - 0 |
- 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.
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). Capitec's interest rate for the same terms is 7.15%. Over 6 months you will earn R0 less in interest at Nedbank compared Capitec.
1 year fixed deposit interest rates compared
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 | Nedbank1 | Capitec1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.15% | 6.85% | + 32 |
| R100,000 for 18+ | 7.55% | 7.15% | + 428 |
| R250,000 for 18+ | 7.65% | 7.25% | + 1,070 |
| R1,000,000 for 18+ | 7.65% | 7.45% | + 2,143 |
- 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.
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). Capitec's interest rate for the same terms is 7.45%. Over 12 months you will earn R2,143 more in interest at Nedbank compared Capitec.
1.5 year fixed deposit interest rates compared
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 1.5 year fixed deposit.
| Investment amount | Nedbank1 | Capitec1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.25% | 6.90% | + 58 |
| R100,000 for 18+ | 7.55% | 7.30% | + 416 |
| R250,000 for 18+ | 7.65% | 7.35% | + 1,251 |
| R1,000,000 for 18+ | 7.65% | 7.50% | + 2,504 |
- 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.
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). Capitec's interest rate for the same terms is 7.50%. Over 1.5 years you will earn R2,504 more in interest at Nedbank compared Capitec.
2 year fixed deposit interest rates compared
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 | Nedbank1 | Capitec1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.30% | 6.95% | + 80 |
| R100,000 for 18+ | 7.60% | 7.50% | + 231 |
| R250,000 for 18+ | 7.70% | 7.55% | + 868 |
| R1,000,000 for 18+ | 7.70% | 7.65% | + 1,158 |
- 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.
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). Capitec's interest rate for the same terms is 7.65%. Over 2 years you will earn R1,158 more in interest at Nedbank compared Capitec.
3 year fixed deposit interest rates compared
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 | Nedbank1 | Capitec1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.35% | 7.00% | + 129 |
| R100,000 for 18+ | 7.65% | 7.60% | + 187 |
| R250,000 for 18+ | 7.75% | 7.65% | + 938 |
| R1,000,000 for 18+ | 7.75% | 7.70% | + 1,878 |
- 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.
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). Capitec's interest rate for the same terms is 7.70%. Over 3 years you will earn R1,878 more in interest at Nedbank compared Capitec.
5 year fixed deposit interest rates compared
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 | Nedbank1 | Capitec1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 8.00% | 7.50% | + 366 |
| R100,000 for 18+ | 8.15% | 8.00% | + 1,114 |
| R250,000 for 18+ | 8.30% | 8.35% | - -940 |
| R1,000,000 for 18+ | 8.30% | 8.40% | - -7,527 |
- 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.
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). Capitec's interest rate for the same terms is 8.40%. Over 5 years you will earn R7,527 less in interest at Nedbank compared Capitec.
- Nedbank vs Absa interest rates compared
- Nedbank vs Access Bank Plc interest rates compared
- Nedbank vs African Bank interest rates compared
- Nedbank vs BankZero interest rates compared
- Nedbank vs Bidvest interest rates compared
- Nedbank vs Capitec interest rates compared
- Nedbank vs Discovery interest rates compared
- Nedbank vs FNB interest rates compared
- Nedbank vs Fedgroup interest rates compared
- Nedbank vs GoTyme Bank interest rates compared
- Nedbank vs Investec interest rates compared
- Nedbank vs SA Retail Bonds interest rates compared
- Nedbank vs Standard Bank interest rates compared