GoTyme Bank vs Absa

Interest rates compared

Last updated 1st July 2026 by Walter

Introduction

This fixed deposit comparison page compares GoTyme Bank interest rates to Absa interest rates. All the interest rates shown are sourced from the GoTyme Bank and Absa websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 1st July 2026.

How do GoTyme Bank fixed deposit interest rates compare to Absa ?

You are more likely to find better interest rates at GoTyme Bank than Absa. Specifically, 100 out of 100 interest rates are better at GoTyme Bank than Absa. This means you are more likely to find a better interest rate at Absa 0% 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)

GoTyme Bank
8.58%
best rate
Absa
7.80%
best rate

The best interest rate you can get at GoTyme Bank is 8.5841% for the 36-month fixed deposit. You will need a minimum deposit of R1 . Whilst at Absa, the best interest rate you can get is 7.8% for the 36-month fixed deposit. You will need a minimum deposit of R1,000,000 .

But how do interest rates at GoTyme Bank compare to Absa across different terms and investment amounts?

3 month fixed deposit interest rates compared

GoTyme Bank vs Absa

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

Investment amount GoTyme Bank1Absa1 Winner 2
R10,000 for 18+
7.70%
6.20%
+
38
R100,000 for 18+
7.70%
6.25%
+
367
R250,000 for 18+
7.70%
6.25%
+
918
R1,000,000 for 18+
7.70%
6.35%
+
3,420
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at GoTyme Bank over and above Absa.
    A negative amount means that Absa offers more than GoTyme Bank.
How to read this table?

You get a 7.7022% interest rate at GoTyme Bank for a R1,000,000 investment in a 3 month fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 6.35%. Over 3 months you will earn R3,420 more in interest at GoTyme Bank compared Absa.

6 month fixed deposit interest rates compared

GoTyme Bank vs Absa

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

Investment amount GoTyme Bank1Absa1 Winner 2
R10,000 for 18+
8.11%
6.80%
+
68
R100,000 for 18+
8.11%
7.10%
+
522
R250,000 for 18+
8.11%
7.10%
+
1,305
R1,000,000 for 18+
8.11%
7.10%
+
5,220
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at GoTyme Bank over and above Absa.
    A negative amount means that Absa offers more than GoTyme Bank.
How to read this table?

You get a 8.1115% interest rate at GoTyme Bank for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.10%. Over 6 months you will earn R5,220 more in interest at GoTyme Bank compared Absa.

1 year fixed deposit interest rates compared

GoTyme Bank vs Absa

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

Investment amount GoTyme Bank1Absa1 Winner 2
R10,000 for 18+
8.42%
7.20%
+
131
R100,000 for 18+
8.42%
7.60%
+
880
R250,000 for 18+
8.42%
7.60%
+
2,199
R1,000,000 for 18+
8.42%
7.60%
+
8,796
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at GoTyme Bank over and above Absa.
    A negative amount means that Absa offers more than GoTyme Bank.
How to read this table?

You get a 8.4175% interest rate at GoTyme Bank for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.60%. Over 12 months you will earn R8,796 more in interest at GoTyme Bank compared Absa.

2 year fixed deposit interest rates compared

GoTyme Bank vs Absa

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

Investment amount GoTyme Bank1Absa1 Winner 2
R10,000 for 18+
8.52%
7.50%
+
238
R100,000 for 18+
8.52%
7.50%
+
2,376
R250,000 for 18+
8.52%
7.50%
+
5,939
R1,000,000 for 18+
8.52%
7.60%
+
21,447
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at GoTyme Bank over and above Absa.
    A negative amount means that Absa offers more than GoTyme Bank.
How to read this table?

You get a 8.5193% interest rate at GoTyme Bank for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.60%. Over 2 years you will earn R21,447 more in interest at GoTyme Bank compared Absa.

3 year fixed deposit interest rates compared

GoTyme Bank vs Absa

This table shows GoTyme Bank's and Absa's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit.

Investment amount GoTyme Bank1Absa1 Winner 2
R10,000 for 18+
8.58%
7.50%
+
411
R100,000 for 18+
8.58%
7.60%
+
3,735
R250,000 for 18+
8.58%
7.60%
+
9,338
R1,000,000 for 18+
8.58%
7.80%
+
29,848
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at GoTyme Bank over and above Absa.
    A negative amount means that Absa offers more than GoTyme Bank.
How to read this table?

You get a 8.5841% interest rate at GoTyme Bank for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 18). Absa's interest rate for the same terms is 7.80%. Over 3 years you will earn R29,848 more in interest at GoTyme Bank compared Absa.

How do GoTyme Bank interest rates compare to other banks?