Nedbank
vs
GoTyme Bank
Interest rates compared
Introduction
This fixed deposit comparison page compares Nedbank interest rates to GoTyme Bank interest rates. All the interest rates shown are sourced from the Nedbank and GoTyme Bank websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 31st July 2026.
How do Nedbank fixed deposit interest rates compare to GoTyme Bank ?
You are more likely to find better interest rates at GoTyme Bank than Nedbank. Specifically, 0 out of 100 interest rates are better at Nedbank than GoTyme Bank. This means you are more likely to find a better interest rate at GoTyme Bank 100% 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 7.55% for the 36-month fixed deposit. You will need a minimum deposit of R250,000 . Whilst at GoTyme Bank, the best interest rate you can get is 8.5841% for the 36-month fixed deposit. You will need a minimum deposit of R1 .
But how do interest rates at Nedbank compare to GoTyme Bank across different terms and investment amounts?
3 month fixed deposit interest rates compared
This table shows Nedbank's and GoTyme Bank's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 month fixed deposit.
| Investment amount | Nedbank1 | GoTyme Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 6.35% | 7.70% | - -34 |
| R100,000 for 18+ | 6.65% | 7.70% | - -266 |
| R250,000 for 18+ | 6.75% | 7.70% | - -602 |
| R1,000,000 for 18+ | 6.75% | 7.70% | - -2,409 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Nedbank over and above GoTyme Bank.
A negative amount means that GoTyme Bank offers more than Nedbank.
You get a 6.75% interest rate at Nedbank for a R1,000,000 investment in a 3 month fixed deposit (if you are older than 18). GoTyme Bank's interest rate for the same terms is 7.70%. Over 3 months you will earn R2,409 less in interest at Nedbank compared GoTyme Bank.
6 month fixed deposit interest rates compared
This table shows Nedbank's and GoTyme Bank'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 | GoTyme Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 6.65% | 8.11% | - -75 |
| R100,000 for 18+ | 6.95% | 8.11% | - -599 |
| R250,000 for 18+ | 7.10% | 8.11% | - -1,305 |
| R1,000,000 for 18+ | 7.10% | 8.11% | - -5,220 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Nedbank over and above GoTyme Bank.
A negative amount means that GoTyme Bank offers more than Nedbank.
You get a 7.1% interest rate at Nedbank for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 18). GoTyme Bank's interest rate for the same terms is 8.11%. Over 6 months you will earn R5,220 less in interest at Nedbank compared GoTyme Bank.
1 year fixed deposit interest rates compared
This table shows Nedbank's and GoTyme Bank'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 | GoTyme Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.15% | 8.42% | - -136 |
| R100,000 for 18+ | 7.30% | 8.42% | - -1,201 |
| R250,000 for 18+ | 7.40% | 8.42% | - -2,734 |
| R1,000,000 for 18+ | 7.40% | 8.42% | - -10,937 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Nedbank over and above GoTyme Bank.
A negative amount means that GoTyme Bank offers more than Nedbank.
You get a 7.4% interest rate at Nedbank for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 18). GoTyme Bank's interest rate for the same terms is 8.42%. Over 12 months you will earn R10,937 less in interest at Nedbank compared GoTyme Bank.
2 year fixed deposit interest rates compared
This table shows Nedbank's and GoTyme Bank'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 | GoTyme Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.10% | 8.52% | - -330 |
| R100,000 for 18+ | 7.40% | 8.52% | - -2,606 |
| R250,000 for 18+ | 7.50% | 8.52% | - -5,939 |
| R1,000,000 for 18+ | 7.50% | 8.52% | - -23,757 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Nedbank over and above GoTyme Bank.
A negative amount means that GoTyme Bank offers more than Nedbank.
You get a 7.5% interest rate at Nedbank for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). GoTyme Bank's interest rate for the same terms is 8.52%. Over 2 years you will earn R23,757 less in interest at Nedbank compared GoTyme Bank.
3 year fixed deposit interest rates compared
This table shows Nedbank's and GoTyme Bank'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 | GoTyme Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.15% | 8.58% | - -541 |
| R100,000 for 18+ | 7.45% | 8.58% | - -4,295 |
| R250,000 for 18+ | 7.55% | 8.58% | - -9,806 |
| R1,000,000 for 18+ | 7.55% | 8.58% | - -39,223 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at Nedbank over and above GoTyme Bank.
A negative amount means that GoTyme Bank offers more than Nedbank.
You get a 7.55% interest rate at Nedbank for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 18). GoTyme Bank's interest rate for the same terms is 8.58%. Over 3 years you will earn R39,223 less in interest at Nedbank compared GoTyme Bank.
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