Nedbank vs Investec

Interest rates compared

Last updated 2nd April 2025 by Walter

Introduction

This fixed deposit comparison page compares Nedbank interest rates to Investec interest rates. All the interest rates shown are sourced from the Nedbank and Investec websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 2nd April 2025.

How do Nedbank fixed deposit interest rates compare to Investec ?

You are more likely to find better interest rates at Nedbank than Investec. Specifically, 76 out of 100 interest rates are better at Nedbank than Investec. This means you are more likely to find a better interest rate at Investec 24% 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
9.15%
best rate
Investec
8.75%
best rate

The best interest rate you can get at Nedbank is 9.15% for the 60-month fixed deposit. You will need a minimum deposit of R250,000 . Whilst at Investec, the best interest rate you can get is 8.75% for the 60-month fixed deposit. You will need a minimum deposit of R100,000 and be over the age of 55.

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

3 month fixed deposit interest rates compared

Nedbank vs Investec

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

Investment amount Nedbank1Investec1 Winner 2
R100,000 for 18+
7.70%
6.93%
+
196
R100,000 for 18+
7.50%
6.93%
+
144
R250,000 for 18+
7.80%
7.13%
+
420
R250,000 for 18+
7.60%
7.13%
+
296
R1,000,000 for 18+
7.80%
7.38%
+
1,063
R1,000,000 for 18+
7.70%
7.38%
+
827
R5,000,000 for 18+
7.80%
7.38%
+
5,315
R5,000,000 for 18+
7.70%
7.38%
+
4,135
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Investec.
    A negative amount means that Investec offers more than Nedbank.
How to read this table?

You get a 7.7% interest rate at Nedbank for a R5,000,000 investment in a 3 month fixed deposit (if you are older than 18). Investec's interest rate for the same terms is 7.38%. Over 3 months you will earn R4,135 more in interest at Nedbank compared Investec.

6 month fixed deposit interest rates compared

Nedbank vs Investec

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

Investment amount Nedbank1Investec1 Winner 2
R100,000 for 18+
7.95%
7.53%
+
216
R100,000 for 18+
7.80%
7.53%
+
135
R100,000 for 55+
7.95%
7.77%
+
96
R100,000 for 55+
7.85%
7.77%
+
43
R100,000 for 55+
7.80%
7.77%
+
14
R250,000 for 18+
8.05%
7.53%
+
661
R250,000 for 18+
7.90%
7.53%
+
469
R250,000 for 55+
8.05%
7.77%
+
361
R250,000 for 55+
7.95%
7.77%
+
240
R250,000 for 55+
7.90%
7.77%
+
168
R1,000,000 for 18+
8.05%
7.53%
+
2,645
R1,000,000 for 18+
7.95%
7.53%
+
2,165
R1,000,000 for 55+
8.05%
7.77%
+
1,442
R1,000,000 for 55+
8.05%
7.77%
+
1,442
R1,000,000 for 55+
7.95%
7.77%
+
962
R5,000,000 for 18+
8.05%
7.53%
+
13,226
R5,000,000 for 18+
7.95%
7.53%
+
10,824
R5,000,000 for 55+
8.05%
7.77%
+
7,210
R5,000,000 for 55+
8.05%
7.77%
+
7,210
R5,000,000 for 55+
7.95%
7.77%
+
4,808
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Investec.
    A negative amount means that Investec 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 6 month fixed deposit (if you are older than 55). Investec's interest rate for the same terms is 7.77%. Over 6 months you will earn R4,808 more in interest at Nedbank compared Investec.

1 year fixed deposit interest rates compared

Nedbank vs Investec

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

Investment amount Nedbank1Investec1 Winner 2
R100,000 for 18+
8.20%
8.05%
+
170
R100,000 for 18+
7.95%
8.05%
-
-100
R100,000 for 55+
8.20%
8.25%
-
-50
R100,000 for 55+
8.00%
8.25%
-
-270
R100,000 for 55+
7.95%
8.25%
-
-320
R250,000 for 18+
8.30%
8.05%
+
675
R250,000 for 18+
8.05%
8.05%
-
0
R250,000 for 55+
8.30%
8.25%
+
125
R250,000 for 55+
8.20%
8.25%
-
-125
R250,000 for 55+
8.05%
8.25%
-
-550
R1,000,000 for 18+
8.30%
8.05%
+
2,700
R1,000,000 for 18+
8.10%
8.05%
+
600
R1,000,000 for 55+
8.30%
8.25%
+
500
R1,000,000 for 55+
8.30%
8.25%
+
500
R1,000,000 for 55+
8.10%
8.25%
-
-1,600
R5,000,000 for 18+
8.30%
8.05%
+
13,500
R5,000,000 for 18+
8.10%
8.05%
+
3,000
R5,000,000 for 55+
8.30%
8.25%
+
2,500
R5,000,000 for 55+
8.30%
8.25%
+
2,500
R5,000,000 for 55+
8.10%
8.25%
-
-8,000
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Investec.
    A negative amount means that Investec offers more than Nedbank.
How to read this table?

You get a 8.1% interest rate at Nedbank for a R5,000,000 investment in a 1 year fixed deposit (if you are older than 55). Investec's interest rate for the same terms is 8.25%. Over 12 months you will earn R8,000 less in interest at Nedbank compared Investec.

2 year fixed deposit interest rates compared

Nedbank vs Investec

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

Investment amount Nedbank1Investec1 Winner 2
R100,000 for 18+
8.05%
7.93%
+
282
R100,000 for 18+
7.95%
7.93%
+
65
R100,000 for 55+
8.05%
8.08%
-
-87
R100,000 for 55+
8.05%
8.08%
-
-87
R100,000 for 55+
7.95%
8.08%
-
-303
R250,000 for 18+
8.25%
7.93%
+
1,897
R250,000 for 18+
8.05%
7.93%
+
704
R250,000 for 55+
8.25%
8.08%
+
976
R250,000 for 55+
8.15%
8.08%
+
379
R250,000 for 55+
8.05%
8.08%
-
-217
R1,000,000 for 18+
8.25%
7.93%
+
7,588
R1,000,000 for 18+
8.10%
7.93%
+
4,116
R1,000,000 for 55+
8.25%
8.08%
+
3,905
R1,000,000 for 55+
8.25%
8.08%
+
3,905
R1,000,000 for 55+
8.10%
8.08%
+
434
R5,000,000 for 18+
8.25%
7.93%
+
37,938
R5,000,000 for 18+
8.10%
7.93%
+
20,580
R5,000,000 for 55+
8.25%
8.08%
+
19,526
R5,000,000 for 55+
8.25%
8.08%
+
19,526
R5,000,000 for 55+
8.10%
8.08%
+
2,168
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Investec.
    A negative amount means that Investec offers more than Nedbank.
How to read this table?

You get a 8.1% interest rate at Nedbank for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 55). Investec's interest rate for the same terms is 8.08%. Over 2 years you will earn R2,168 more in interest at Nedbank compared Investec.

5 year fixed deposit interest rates compared

Nedbank vs Investec

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

Investment amount Nedbank1Investec1 Winner 2
R100,000 for 18+
9.00%
8.60%
+
3,053
R100,000 for 18+
8.35%
8.60%
-
-1,893
R100,000 for 55+
9.00%
8.75%
+
1,923
R100,000 for 55+
8.95%
8.75%
+
1,565
R100,000 for 55+
8.35%
8.75%
-
-3,023
R250,000 for 18+
9.15%
8.60%
+
10,504
R250,000 for 18+
8.45%
8.60%
-
-2,810
R250,000 for 55+
9.15%
8.75%
+
7,678
R250,000 for 55+
9.00%
8.75%
+
4,807
R250,000 for 55+
8.45%
8.75%
-
-5,636
R1,000,000 for 18+
9.15%
8.60%
+
42,018
R1,000,000 for 18+
8.55%
8.60%
-
-4,222
R1,000,000 for 55+
9.15%
8.75%
+
30,713
R1,000,000 for 55+
9.15%
8.75%
+
30,713
R1,000,000 for 55+
8.55%
8.75%
-
-15,527
R5,000,000 for 18+
9.15%
8.60%
+
210,090
R5,000,000 for 18+
8.55%
8.60%
-
-21,112
R5,000,000 for 55+
9.15%
8.75%
+
153,564
R5,000,000 for 55+
9.15%
8.75%
+
153,564
R5,000,000 for 55+
8.55%
8.75%
-
-77,637
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Investec.
    A negative amount means that Investec offers more than Nedbank.
How to read this table?

You get a 8.55% interest rate at Nedbank for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 55). Investec's interest rate for the same terms is 8.75%. Over 5 years you will earn R77,637 less in interest at Nedbank compared Investec.

How do Nedbank interest rates compare to other banks?