GoTyme Bank vs African Bank

Interest rates compared

Last updated 1st July 2026 by Walter

Introduction

This fixed deposit comparison page compares GoTyme Bank interest rates to African Bank interest rates. All the interest rates shown are sourced from the GoTyme Bank and African Bank 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 African Bank ?

You are more likely to find better interest rates at GoTyme Bank than African Bank. Specifically, 100 out of 100 interest rates are better at GoTyme Bank than African Bank. This means you are more likely to find a better interest rate at African Bank 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
African Bank
7.73%
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 African Bank, the best interest rate you can get is 7.73% 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 African Bank across different terms and investment amounts?

3 month fixed deposit interest rates compared

GoTyme Bank vs African Bank

This table shows GoTyme Bank's and African 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 GoTyme Bank1African Bank1 Winner 2
R10,000 for 18+
7.70%
6.51%
+
30
R100,000 for 18+
7.70%
6.51%
+
302
R250,000 for 18+
7.70%
6.65%
+
666
R1,000,000 for 18+
7.70%
6.79%
+
2,308
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at GoTyme Bank over and above African Bank.
    A negative amount means that African Bank 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). African Bank's interest rate for the same terms is 6.79%. Over 3 months you will earn R2,308 more in interest at GoTyme Bank compared African Bank.

6 month fixed deposit interest rates compared

GoTyme Bank vs African Bank

This table shows GoTyme Bank's and African 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 GoTyme Bank1African Bank1 Winner 2
R10,000 for 18+
8.11%
6.93%
+
61
R100,000 for 18+
8.11%
7.02%
+
563
R250,000 for 18+
8.11%
7.02%
+
1,408
R1,000,000 for 18+
8.11%
7.17%
+
4,859
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at GoTyme Bank over and above African Bank.
    A negative amount means that African Bank 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). African Bank's interest rate for the same terms is 7.17%. Over 6 months you will earn R4,859 more in interest at GoTyme Bank compared African Bank.

1 year fixed deposit interest rates compared

GoTyme Bank vs African Bank

This table shows GoTyme Bank's and African 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 GoTyme Bank1African Bank1 Winner 2
R10,000 for 18+
8.42%
7.26%
+
124
R100,000 for 18+
8.42%
7.35%
+
1,147
R250,000 for 18+
8.42%
7.40%
+
2,734
R1,000,000 for 18+
8.42%
7.49%
+
9,974
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at GoTyme Bank over and above African Bank.
    A negative amount means that African Bank 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). African Bank's interest rate for the same terms is 7.49%. Over 12 months you will earn R9,974 more in interest at GoTyme Bank compared African Bank.

2 year fixed deposit interest rates compared

GoTyme Bank vs African Bank

This table shows GoTyme Bank's and African 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 GoTyme Bank1African Bank1 Winner 2
R10,000 for 18+
8.52%
6.93%
+
368
R100,000 for 18+
8.52%
7.12%
+
3,250
R250,000 for 18+
8.52%
7.26%
+
7,321
R1,000,000 for 18+
8.52%
7.40%
+
26,063
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at GoTyme Bank over and above African Bank.
    A negative amount means that African Bank 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). African Bank's interest rate for the same terms is 7.40%. Over 2 years you will earn R26,063 more in interest at GoTyme Bank compared African Bank.

3 year fixed deposit interest rates compared

GoTyme Bank vs African Bank

This table shows GoTyme Bank's and African 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 GoTyme Bank1African Bank1 Winner 2
R10,000 for 18+
8.58%
7.02%
+
589
R100,000 for 18+
8.58%
7.26%
+
5,001
R250,000 for 18+
8.58%
7.49%
+
10,366
R1,000,000 for 18+
8.58%
7.73%
+
32,480
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at GoTyme Bank over and above African Bank.
    A negative amount means that African Bank 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). African Bank's interest rate for the same terms is 7.73%. Over 3 years you will earn R32,480 more in interest at GoTyme Bank compared African Bank.

How do GoTyme Bank interest rates compare to other banks?