TymeBank vs Access Bank Plc

Interest rates compared

Last updated 1st November 2024 by Walter

Introduction

This fixed deposit comparison page compares TymeBank interest rates to Access Bank Plc interest rates. All the interest rates shown are sourced from the TymeBank and Access Bank Plc 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 TymeBank fixed deposit interest rates compare to Access Bank Plc ?

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

TymeBank
8.65%
best rate
Access Bank Plc
9.67%
best rate

The best interest rate you can get at TymeBank is 8.65% for the 12-month fixed deposit. You will need a minimum deposit of R1 . Whilst at Access Bank Plc, the best interest rate you can get is 9.67% for the 60-month fixed deposit. You will need a minimum deposit of R500 .

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

3 month fixed deposit interest rates compared

TymeBank vs Access Bank Plc

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

Investment amount TymeBank1Access Bank Plc1 Winner 2
R10,000 for 18+
6.96%
8.21%
-
-32
R10,000 for 55+
6.96%
8.21%
-
-32
R100,000 for 18+
6.96%
8.21%
-
-317
R100,000 for 55+
6.96%
8.21%
-
-317
R250,000 for 18+
6.96%
8.21%
-
-791
R250,000 for 55+
6.96%
8.21%
-
-791
R1,000,000 for 18+
6.96%
8.21%
-
-3,165
R1,000,000 for 55+
6.96%
8.21%
-
-3,165
R5,000,000 for 18+
6.96%
8.21%
-
-15,826
R5,000,000 for 55+
6.96%
8.21%
-
-15,826
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at TymeBank over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than TymeBank.
How to read this table?

You get a 6.96% interest rate at TymeBank for a R5,000,000 investment in a 3 month fixed deposit (if you are older than 55). Access Bank Plc's interest rate for the same terms is 8.21%. Over 3 months you will earn R15,826 less in interest at TymeBank compared Access Bank Plc.

6 month fixed deposit interest rates compared

TymeBank vs Access Bank Plc

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

Investment amount TymeBank1Access Bank Plc1 Winner 2
R10,000 for 18+
7.87%
8.54%
-
-35
R10,000 for 55+
7.87%
8.54%
-
-35
R100,000 for 18+
7.87%
8.54%
-
-346
R100,000 for 55+
7.87%
8.54%
-
-346
R250,000 for 18+
7.87%
8.54%
-
-864
R250,000 for 55+
7.87%
8.54%
-
-864
R1,000,000 for 18+
7.87%
8.54%
-
-3,456
R1,000,000 for 55+
7.87%
8.54%
-
-3,456
R5,000,000 for 18+
7.87%
8.54%
-
-17,279
R5,000,000 for 55+
7.87%
8.54%
-
-17,279
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at TymeBank over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than TymeBank.
How to read this table?

You get a 7.87% interest rate at TymeBank for a R5,000,000 investment in a 6 month fixed deposit (if you are older than 55). Access Bank Plc's interest rate for the same terms is 8.54%. Over 6 months you will earn R17,279 less in interest at TymeBank compared Access Bank Plc.

1 year fixed deposit interest rates compared

TymeBank vs Access Bank Plc

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

Investment amount TymeBank1Access Bank Plc1 Winner 2
R10,000 for 18+
8.65%
8.98%
-
-36
R10,000 for 55+
8.65%
8.98%
-
-36
R100,000 for 18+
8.65%
8.98%
-
-360
R100,000 for 55+
8.65%
8.98%
-
-360
R250,000 for 18+
8.65%
8.98%
-
-900
R250,000 for 55+
8.65%
8.98%
-
-900
R1,000,000 for 18+
8.65%
8.98%
-
-3,600
R1,000,000 for 55+
8.65%
8.98%
-
-3,600
R5,000,000 for 18+
8.65%
8.98%
-
-18,000
R5,000,000 for 55+
8.65%
8.98%
-
-18,000
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at TymeBank over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than TymeBank.
How to read this table?

You get a 8.65% interest rate at TymeBank for a R5,000,000 investment in a 1 year fixed deposit (if you are older than 55). Access Bank Plc's interest rate for the same terms is 8.98%. Over 12 months you will earn R18,000 less in interest at TymeBank compared Access Bank Plc.