Nedbank vs Sasfin

Interest rates compared

Last updated 2nd February 2025 by Walter

Introduction

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

How do Nedbank fixed deposit interest rates compare to Sasfin ?

You are more likely to find better interest rates at Nedbank than Sasfin. Specifically, 75 out of 100 interest rates are better at Nedbank than Sasfin. This means you are more likely to find a better interest rate at Sasfin 25% 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
Sasfin
8.21%
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 Sasfin, the best interest rate you can get is 8.21% for the 9-month fixed deposit. You will need a minimum deposit of R20,000 .

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

6 month fixed deposit interest rates compared

Nedbank vs Sasfin

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

Investment amount Nedbank1Sasfin1 Winner 2
R100,000 for 18+
7.95%
7.90%
+
29
R100,000 for 18+
7.80%
7.90%
-
-53
R100,000 for 55+
7.95%
7.90%
+
29
R100,000 for 55+
7.85%
7.90%
-
-24
R100,000 for 55+
7.80%
7.90%
-
-53
R250,000 for 18+
8.05%
7.90%
+
192
R250,000 for 18+
7.90%
7.90%
-
0
R250,000 for 55+
8.05%
7.90%
+
192
R250,000 for 55+
7.95%
7.90%
+
72
R250,000 for 55+
7.90%
7.90%
-
0
R1,000,000 for 18+
8.05%
7.90%
+
769
R1,000,000 for 18+
7.95%
7.90%
+
288
R1,000,000 for 55+
8.05%
7.90%
+
769
R1,000,000 for 55+
8.05%
7.90%
+
769
R1,000,000 for 55+
7.95%
7.90%
+
288
R5,000,000 for 18+
8.05%
7.90%
+
3,844
R5,000,000 for 18+
7.95%
7.90%
+
1,442
R5,000,000 for 55+
8.05%
7.90%
+
3,844
R5,000,000 for 55+
8.05%
7.90%
+
3,844
R5,000,000 for 55+
7.95%
7.90%
+
1,442
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above Sasfin.
    A negative amount means that Sasfin 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). Sasfin's interest rate for the same terms is 7.90%. Over 6 months you will earn R1,442 more in interest at Nedbank compared Sasfin.

How do Nedbank interest rates compare to other banks?