TymeBank
vs
Standard Bank
Interest rates compared
Introduction
This fixed deposit comparison page compares TymeBank interest rates to Standard Bank interest rates. All the interest rates shown are sourced from the TymeBank and Standard Bank 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 Standard Bank ?
You are more likely to find better interest rates at TymeBank than Standard Bank. Specifically, 100 out of 100 interest rates are better at TymeBank than Standard Bank. This means you are more likely to find a better interest rate at Standard 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)
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 Standard Bank, the best interest rate you can get is 8.49% for the 60-month fixed deposit. You will need a minimum deposit of R10,000 and be over the age of 55.
But how do interest rates at TymeBank compare to Standard Bank across different terms and investment amounts?
3 month fixed deposit interest rates compared
This table shows TymeBank's and Standard 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 | TymeBank1 | Standard Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 7.94% | 7.09% | + 22 |
| R10,000 for 55+ | 7.94% | 7.59% | + 9 |
| R100,000 for 18+ | 7.94% | 7.65% | + 75 |
| R100,000 for 55+ | 7.94% | 7.65% | + 75 |
| R250,000 for 18+ | 7.94% | 7.65% | + 189 |
| R250,000 for 55+ | 7.94% | 7.65% | + 189 |
| R1,000,000 for 18+ | 7.94% | 7.74% | + 519 |
| R1,000,000 for 55+ | 7.94% | 7.74% | + 519 |
| R5,000,000 for 18+ | 7.94% | 7.81% | + 1,650 |
| R5,000,000 for 55+ | 7.94% | 7.81% | + 1,650 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at TymeBank over and above Standard Bank.
A negative amount means that Standard Bank offers more than TymeBank.
You get a 7.94% interest rate at TymeBank for a R5,000,000 investment in a 3 month fixed deposit (if you are older than 55). Standard Bank's interest rate for the same terms is 7.81%. Over 3 months you will earn R1,650 more in interest at TymeBank compared Standard Bank.
6 month fixed deposit interest rates compared
This table shows TymeBank's and Standard 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 | TymeBank1 | Standard Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 8.83% | 7.48% | + 70 |
| R10,000 for 55+ | 8.83% | 7.98% | + 44 |
| R100,000 for 18+ | 8.83% | 7.98% | + 441 |
| R100,000 for 55+ | 8.83% | 7.98% | + 441 |
| R250,000 for 18+ | 8.83% | 7.98% | + 1,103 |
| R250,000 for 55+ | 8.83% | 7.98% | + 1,103 |
| R1,000,000 for 18+ | 8.83% | 8.08% | + 3,883 |
| R1,000,000 for 55+ | 8.83% | 8.08% | + 3,883 |
| R5,000,000 for 18+ | 8.83% | 8.15% | + 17,734 |
| R5,000,000 for 55+ | 8.83% | 8.15% | + 17,734 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at TymeBank over and above Standard Bank.
A negative amount means that Standard Bank offers more than TymeBank.
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). Standard Bank's interest rate for the same terms is 8.15%. Over 6 months you will earn R17,734 more in interest at TymeBank compared Standard Bank.
1 year fixed deposit interest rates compared
This table shows TymeBank's and Standard 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 | TymeBank1 | Standard Bank1 | Winner 2 |
|---|---|---|---|
| R10,000 for 18+ | 9.57% | 7.49% | + 225 |
| R10,000 for 55+ | 9.57% | 7.99% | + 171 |
| R100,000 for 18+ | 9.57% | 7.95% | + 1,750 |
| R100,000 for 55+ | 9.57% | 7.95% | + 1,750 |
| R250,000 for 18+ | 9.57% | 7.95% | + 4,375 |
| R250,000 for 55+ | 9.57% | 7.95% | + 4,375 |
| R1,000,000 for 18+ | 9.57% | 8.06% | + 16,400 |
| R1,000,000 for 55+ | 9.57% | 8.06% | + 16,400 |
| R5,000,000 for 18+ | 9.57% | 8.12% | + 78,500 |
| R5,000,000 for 55+ | 9.57% | 8.12% | + 78,500 |
- 1 nominal interest rate
- 2 the amount of interest you will be able earn at TymeBank over and above Standard Bank.
A negative amount means that Standard Bank offers more than TymeBank.
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). Standard Bank's interest rate for the same terms is 8.12%. Over 12 months you will earn R78,500 more in interest at TymeBank compared Standard Bank.
- TymeBank vs Absa interest rates compared
- TymeBank vs Access Bank Plc interest rates compared
- TymeBank vs African Bank interest rates compared
- TymeBank vs Bidvest interest rates compared
- TymeBank vs Capitec interest rates compared
- TymeBank vs Discovery interest rates compared
- TymeBank vs FNB interest rates compared
- TymeBank vs Fedgroup interest rates compared
- TymeBank vs Investec interest rates compared
- TymeBank vs Nedbank interest rates compared
- TymeBank vs SA Retail Bonds interest rates compared
- TymeBank vs Sasfin interest rates compared
- TymeBank vs Standard Bank interest rates compared