TymeBank vs FNB

Interest rates compared

Last updated 2nd February 2025 by Walter

Introduction

This fixed deposit comparison page compares TymeBank interest rates to FNB interest rates. All the interest rates shown are sourced from the TymeBank and FNB websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 2nd February 2025.

How do TymeBank fixed deposit interest rates compare to FNB ?

You are more likely to find better interest rates at TymeBank than FNB. Specifically, 73 out of 100 interest rates are better at TymeBank than FNB. This means you are more likely to find a better interest rate at FNB 27% 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
FNB
8.60%
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 FNB, the best interest rate you can get is 8.6% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 and be over the age of 55.

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

3 month fixed deposit interest rates compared

TymeBank vs FNB

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

Investment amount TymeBank1FNB1 Winner 2
R10,000 for 18+
6.96%
6.90%
+
2
R10,000 for 55+
6.96%
7.00%
-
-1
R100,000 for 18+
6.96%
6.90%
+
17
R100,000 for 55+
6.96%
7.00%
-
-9
R250,000 for 18+
6.96%
7.00%
-
-24
R250,000 for 55+
6.96%
7.10%
-
-89
R1,000,000 for 18+
6.96%
7.20%
-
-593
R1,000,000 for 55+
6.96%
7.30%
-
-853
R5,000,000 for 18+
6.96%
7.20%
-
-2,964
R5,000,000 for 55+
6.96%
7.30%
-
-4,266
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at TymeBank over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 7.30%. Over 3 months you will earn R4,266 less in interest at TymeBank compared FNB.

6 month fixed deposit interest rates compared

TymeBank vs FNB

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

Investment amount TymeBank1FNB1 Winner 2
R10,000 for 18+
7.87%
7.05%
+
42
R10,000 for 55+
7.87%
7.15%
+
37
R100,000 for 18+
7.87%
7.05%
+
424
R100,000 for 55+
7.87%
7.15%
+
371
R250,000 for 18+
7.87%
7.15%
+
927
R250,000 for 55+
7.87%
7.25%
+
794
R1,000,000 for 18+
7.87%
7.35%
+
2,696
R1,000,000 for 55+
7.87%
7.50%
+
1,925
R5,000,000 for 18+
7.87%
7.35%
+
13,479
R5,000,000 for 55+
7.87%
7.50%
+
9,624
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at TymeBank over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 7.50%. Over 6 months you will earn R9,624 more in interest at TymeBank compared FNB.

1 year fixed deposit interest rates compared

TymeBank vs FNB

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

Investment amount TymeBank1FNB1 Winner 2
R10,000 for 18+
8.65%
7.55%
+
118
R10,000 for 55+
8.65%
7.95%
+
75
R100,000 for 18+
8.65%
7.55%
+
1,180
R100,000 for 55+
8.65%
7.95%
+
750
R250,000 for 18+
8.65%
7.65%
+
2,700
R250,000 for 55+
8.65%
8.05%
+
1,625
R1,000,000 for 18+
8.65%
7.85%
+
8,600
R1,000,000 for 55+
8.65%
8.25%
+
4,300
R5,000,000 for 18+
8.65%
7.85%
+
43,000
R5,000,000 for 55+
8.65%
8.25%
+
21,500
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at TymeBank over and above FNB.
    A negative amount means that FNB 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). FNB's interest rate for the same terms is 8.25%. Over 12 months you will earn R21,500 more in interest at TymeBank compared FNB.

How do TymeBank interest rates compare to other banks?