Standard Bank vs Investec

Interest rates compared

Last updated 1st November 2024 by Walter

Introduction

This fixed deposit comparison page compares Standard Bank interest rates to Investec interest rates. All the interest rates shown are sourced from the Standard Bank 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 1st November 2024.

How do Standard Bank fixed deposit interest rates compare to Investec ?

You are more likely to find better interest rates at Investec than Standard Bank. Specifically, 28 out of 100 interest rates are better at Standard Bank than Investec. This means you are more likely to find a better interest rate at Investec 72% 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)

Standard Bank
8.85%
best rate
Investec
8.90%
best rate

The best interest rate you can get at Standard Bank is 8.85% for the 60-month fixed deposit. You will need a minimum deposit of R100,000 . Whilst at Investec, the best interest rate you can get is 8.9% 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 Standard Bank compare to Investec across different terms and investment amounts?

3 month fixed deposit interest rates compared

Standard Bank vs Investec

This table shows Standard Bank'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 Standard Bank1Investec1 Winner 2
R100,000 for 18+
7.61%
7.37%
+
61
R250,000 for 18+
7.61%
7.57%
+
24
R1,000,000 for 18+
7.71%
7.82%
-
-283
R5,000,000 for 18+
7.78%
7.82%
-
-590
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Standard Bank over and above Investec.
    A negative amount means that Investec offers more than Standard Bank.
How to read this table?

You get a 7.78% interest rate at Standard Bank 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 7.82%. Over 3 months you will earn R590 less in interest at Standard Bank compared Investec.

6 month fixed deposit interest rates compared

Standard Bank vs Investec

This table shows Standard Bank'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 Standard Bank1Investec1 Winner 2
R100,000 for 18+
7.74%
7.94%
-
-106
R100,000 for 55+
7.74%
8.09%
-
-183
R250,000 for 18+
7.74%
7.94%
-
-264
R250,000 for 55+
7.74%
8.09%
-
-457
R1,000,000 for 18+
7.84%
7.94%
-
-529
R1,000,000 for 55+
7.84%
8.09%
-
-1,297
R5,000,000 for 18+
7.91%
7.94%
-
-961
R5,000,000 for 55+
7.91%
8.09%
-
-4,805
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Standard Bank over and above Investec.
    A negative amount means that Investec offers more than Standard Bank.
How to read this table?

You get a 7.91% interest rate at Standard Bank 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 8.09%. Over 6 months you will earn R4,805 less in interest at Standard Bank compared Investec.

1 year fixed deposit interest rates compared

Standard Bank vs Investec

This table shows Standard Bank'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 Standard Bank1Investec1 Winner 2
R100,000 for 18+
7.88%
8.65%
-
-830
R100,000 for 55+
7.88%
8.75%
-
-940
R250,000 for 18+
7.88%
8.65%
-
-2,075
R250,000 for 55+
7.88%
8.75%
-
-2,350
R1,000,000 for 18+
7.98%
8.65%
-
-7,200
R1,000,000 for 55+
7.98%
8.75%
-
-8,300
R5,000,000 for 18+
8.05%
8.65%
-
-32,500
R5,000,000 for 55+
8.05%
8.75%
-
-38,000
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Standard Bank over and above Investec.
    A negative amount means that Investec offers more than Standard Bank.
How to read this table?

You get a 8.05% interest rate at Standard Bank 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 8.75%. Over 12 months you will earn R38,000 less in interest at Standard Bank compared Investec.

2 year fixed deposit interest rates compared

Standard Bank vs Investec

This table shows Standard Bank'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 Standard Bank1Investec1 Winner 2
R100,000 for 18+
8.26%
8.14%
+
282
R100,000 for 55+
8.26%
8.29%
-
-65
R250,000 for 18+
8.26%
8.14%
+
705
R250,000 for 55+
8.26%
8.29%
-
-163
R1,000,000 for 18+
8.26%
8.14%
+
2,821
R1,000,000 for 55+
8.26%
8.29%
-
-652
R5,000,000 for 18+
8.26%
8.14%
+
14,107
R5,000,000 for 55+
8.26%
8.29%
-
-3,258
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Standard Bank over and above Investec.
    A negative amount means that Investec offers more than Standard Bank.
How to read this table?

You get a 8.26% interest rate at Standard Bank 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 8.29%. Over 2 years you will earn R3,258 less in interest at Standard Bank compared Investec.

5 year fixed deposit interest rates compared

Standard Bank vs Investec

This table shows Standard Bank'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 Standard Bank1Investec1 Winner 2
R100,000 for 18+
8.85%
8.75%
+
781
R100,000 for 55+
8.85%
8.90%
-
-356
R250,000 for 18+
8.85%
8.75%
+
1,953
R250,000 for 55+
8.85%
8.90%
-
-890
R1,000,000 for 18+
8.85%
8.75%
+
7,811
R1,000,000 for 55+
8.85%
8.90%
-
-3,561
R5,000,000 for 18+
8.85%
8.75%
+
39,054
R5,000,000 for 55+
8.85%
8.90%
-
-17,804
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Standard Bank over and above Investec.
    A negative amount means that Investec offers more than Standard Bank.
How to read this table?

You get a 8.85% interest rate at Standard Bank 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 8.90%. Over 5 years you will earn R17,804 less in interest at Standard Bank compared Investec.