Nedbank vs TymeBank

Interest rates compared

Last updated 1st July 2025 by Walter

Introduction

This fixed deposit comparison page compares Nedbank interest rates to TymeBank interest rates. All the interest rates shown are sourced from the Nedbank and TymeBank 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 TymeBank ?

You are more likely to find better interest rates at TymeBank than Nedbank. Specifically, 33 out of 100 interest rates are better at Nedbank than TymeBank. This means you are more likely to find a better interest rate at TymeBank 67% 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
TymeBank
8.65%
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 TymeBank, the best interest rate you can get is 8.65% for the 12-month fixed deposit. You will need a minimum deposit of R1 .

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

3 month fixed deposit interest rates compared

Nedbank vs TymeBank

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

Investment amount Nedbank1TymeBank1 Winner 2
R10,000 for 18+
7.20%
6.96%
+
6
R10,000 for 55+
7.30%
6.96%
+
9
R10,000 for 55+
7.20%
6.96%
+
6
R100,000 for 18+
7.60%
6.96%
+
161
R100,000 for 18+
7.40%
6.96%
+
111
R100,000 for 55+
7.60%
6.96%
+
161
R100,000 for 55+
7.50%
6.96%
+
135
R100,000 for 55+
7.40%
6.96%
+
111
R250,000 for 18+
7.70%
6.96%
+
467
R250,000 for 18+
7.50%
6.96%
+
338
R250,000 for 55+
7.70%
6.96%
+
467
R250,000 for 55+
7.60%
6.96%
+
402
R250,000 for 55+
7.50%
6.96%
+
338
R1,000,000 for 18+
7.70%
6.96%
+
1,870
R1,000,000 for 18+
7.60%
6.96%
+
1,610
R1,000,000 for 55+
7.70%
6.96%
+
1,870
R1,000,000 for 55+
7.70%
6.96%
+
1,870
R1,000,000 for 55+
7.60%
6.96%
+
1,610
R5,000,000 for 18+
7.70%
6.96%
+
9,348
R5,000,000 for 18+
7.60%
6.96%
+
8,050
R5,000,000 for 55+
7.70%
6.96%
+
9,348
R5,000,000 for 55+
7.70%
6.96%
+
9,348
R5,000,000 for 55+
7.60%
6.96%
+
8,050
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above TymeBank.
    A negative amount means that TymeBank offers more than Nedbank.
How to read this table?

You get a 7.6% interest rate at Nedbank for a R5,000,000 investment in a 3 month fixed deposit (if you are older than 55). TymeBank's interest rate for the same terms is 6.96%. Over 3 months you will earn R8,050 more in interest at Nedbank compared TymeBank.

6 month fixed deposit interest rates compared

Nedbank vs TymeBank

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

Investment amount Nedbank1TymeBank1 Winner 2
R10,000 for 18+
7.40%
7.87%
-
-24
R10,000 for 55+
7.45%
7.87%
-
-22
R10,000 for 55+
7.40%
7.87%
-
-24
R100,000 for 18+
7.75%
7.87%
-
-63
R100,000 for 18+
7.60%
7.87%
-
-140
R100,000 for 55+
7.75%
7.87%
-
-63
R100,000 for 55+
7.65%
7.87%
-
-115
R100,000 for 55+
7.60%
7.87%
-
-140
R250,000 for 18+
7.85%
7.87%
-
-24
R250,000 for 18+
7.70%
7.87%
-
-216
R250,000 for 55+
7.85%
7.87%
-
-24
R250,000 for 55+
7.75%
7.87%
-
-156
R250,000 for 55+
7.70%
7.87%
-
-216
R1,000,000 for 18+
7.85%
7.87%
-
-96
R1,000,000 for 18+
7.75%
7.87%
-
-625
R1,000,000 for 55+
7.85%
7.87%
-
-96
R1,000,000 for 55+
7.85%
7.87%
-
-96
R1,000,000 for 55+
7.75%
7.87%
-
-625
R5,000,000 for 18+
7.85%
7.87%
-
-481
R5,000,000 for 18+
7.75%
7.87%
-
-3,126
R5,000,000 for 55+
7.85%
7.87%
-
-481
R5,000,000 for 55+
7.85%
7.87%
-
-481
R5,000,000 for 55+
7.75%
7.87%
-
-3,126
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above TymeBank.
    A negative amount means that TymeBank 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). TymeBank's interest rate for the same terms is 7.87%. Over 6 months you will earn R3,126 less in interest at Nedbank compared TymeBank.

1 year fixed deposit interest rates compared

Nedbank vs TymeBank

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

Investment amount Nedbank1TymeBank1 Winner 2
R10,000 for 18+
7.35%
8.65%
-
-140
R10,000 for 55+
7.65%
8.65%
-
-108
R10,000 for 55+
7.35%
8.65%
-
-140
R100,000 for 18+
8.05%
8.65%
-
-650
R100,000 for 18+
7.55%
8.65%
-
-1,180
R100,000 for 55+
8.05%
8.65%
-
-650
R100,000 for 55+
7.85%
8.65%
-
-860
R100,000 for 55+
7.55%
8.65%
-
-1,180
R250,000 for 18+
8.15%
8.65%
-
-1,350
R250,000 for 18+
7.90%
8.65%
-
-2,025
R250,000 for 55+
8.15%
8.65%
-
-1,350
R250,000 for 55+
8.05%
8.65%
-
-1,625
R250,000 for 55+
7.90%
8.65%
-
-2,025
R1,000,000 for 18+
8.15%
8.65%
-
-5,400
R1,000,000 for 18+
8.00%
8.65%
-
-7,000
R1,000,000 for 55+
8.15%
8.65%
-
-5,400
R1,000,000 for 55+
8.15%
8.65%
-
-5,400
R1,000,000 for 55+
8.00%
8.65%
-
-7,000
R5,000,000 for 18+
8.15%
8.65%
-
-27,000
R5,000,000 for 18+
8.00%
8.65%
-
-35,000
R5,000,000 for 55+
8.15%
8.65%
-
-27,000
R5,000,000 for 55+
8.15%
8.65%
-
-27,000
R5,000,000 for 55+
8.00%
8.65%
-
-35,000
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Nedbank over and above TymeBank.
    A negative amount means that TymeBank 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). TymeBank's interest rate for the same terms is 8.65%. Over 12 months you will earn R35,000 less in interest at Nedbank compared TymeBank.