TymeBank vs Sasfin

Interest rates compared

Last updated 2nd September 2024 by Walter

Introduction

This fixed deposit comparison page compares TymeBank interest rates to Sasfin interest rates. All the interest rates shown are sourced from the TymeBank and Sasfin websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 2nd September 2024.

How do TymeBank fixed deposit interest rates compare to Sasfin ?

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

TymeBank
9.57%
best rate
Sasfin
10.25%
best rate

The best interest rate you can get at TymeBank is 9.57% for the 12-month fixed deposit. You will need a minimum deposit of R1 . Whilst at Sasfin, the best interest rate you can get is 10.25% for the 60-month fixed deposit. You will need a minimum deposit of R20,000 .

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

6 month fixed deposit interest rates compared

TymeBank vs Sasfin

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

Investment amount TymeBank1Sasfin1 Winner 2
R100,000 for 18+
8.83%
8.66%
+
91
R100,000 for 55+
8.83%
8.66%
+
91
R250,000 for 18+
8.83%
8.66%
+
227
R250,000 for 55+
8.83%
8.66%
+
227
R1,000,000 for 18+
8.83%
8.66%
+
909
R1,000,000 for 55+
8.83%
8.66%
+
909
R5,000,000 for 18+
8.83%
8.66%
+
4,547
R5,000,000 for 55+
8.83%
8.66%
+
4,547
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at TymeBank over and above Sasfin.
    A negative amount means that Sasfin offers more than TymeBank.
How to read this table?

You get a 8.83% interest rate at TymeBank for a R5,000,000 investment in a 6 month fixed deposit (if you are older than 55). Sasfin's interest rate for the same terms is 8.66%. Over 6 months you will earn R4,547 more in interest at TymeBank compared Sasfin.

1 year fixed deposit interest rates compared

TymeBank vs Sasfin

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

Investment amount TymeBank1Sasfin1 Winner 2
R100,000 for 18+
9.57%
9.50%
+
80
R100,000 for 55+
9.57%
9.50%
+
80
R250,000 for 18+
9.57%
9.50%
+
200
R250,000 for 55+
9.57%
9.50%
+
200
R1,000,000 for 18+
9.57%
9.50%
+
800
R1,000,000 for 55+
9.57%
9.50%
+
800
R5,000,000 for 18+
9.57%
9.50%
+
4,000
R5,000,000 for 55+
9.57%
9.50%
+
4,000
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at TymeBank over and above Sasfin.
    A negative amount means that Sasfin offers more than TymeBank.
How to read this table?

You get a 9.57% interest rate at TymeBank for a R5,000,000 investment in a 1 year fixed deposit (if you are older than 55). Sasfin's interest rate for the same terms is 9.50%. Over 12 months you will earn R4,000 more in interest at TymeBank compared Sasfin.

How do TymeBank interest rates compare to other banks?