TymeBank vs Standard Bank

Interest rates compared

Last updated 2nd February 2025 by Walter

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 February 2025.

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, 70 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 30% 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
Standard Bank
8.62%
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 Standard Bank, the best interest rate you can get is 8.62% for the 60-month fixed deposit. You will need a minimum deposit of R100,000 .

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

3 month fixed deposit interest rates compared

TymeBank vs Standard Bank

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 TymeBank1Standard Bank1 Winner 2
R10,000 for 18+
6.96%
6.83%
+
3
R10,000 for 55+
6.96%
7.33%
-
-9
R100,000 for 18+
6.96%
7.34%
-
-95
R100,000 for 55+
6.96%
7.34%
-
-95
R250,000 for 18+
6.96%
7.34%
-
-237
R250,000 for 55+
6.96%
7.34%
-
-237
R1,000,000 for 18+
6.96%
7.43%
-
-1,185
R1,000,000 for 55+
6.96%
7.43%
-
-1,185
R5,000,000 for 18+
6.96%
7.51%
-
-6,868
R5,000,000 for 55+
6.96%
7.51%
-
-6,868
  • 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.
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). Standard Bank's interest rate for the same terms is 7.51%. Over 3 months you will earn R6,868 less in interest at TymeBank compared Standard Bank.

6 month fixed deposit interest rates compared

TymeBank vs Standard Bank

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 TymeBank1Standard Bank1 Winner 2
R10,000 for 18+
7.87%
7.00%
+
45
R10,000 for 55+
7.87%
7.50%
+
19
R100,000 for 18+
7.87%
7.43%
+
226
R100,000 for 55+
7.87%
7.43%
+
226
R250,000 for 18+
7.87%
7.43%
+
566
R250,000 for 55+
7.87%
7.43%
+
566
R1,000,000 for 18+
7.87%
7.53%
+
1,732
R1,000,000 for 55+
7.87%
7.53%
+
1,732
R5,000,000 for 18+
7.87%
7.61%
+
6,735
R5,000,000 for 55+
7.87%
7.61%
+
6,735
  • 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.
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). Standard Bank's interest rate for the same terms is 7.61%. Over 6 months you will earn R6,735 more in interest at TymeBank compared Standard Bank.

1 year fixed deposit interest rates compared

TymeBank vs Standard Bank

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 TymeBank1Standard Bank1 Winner 2
R10,000 for 18+
8.65%
7.14%
+
162
R10,000 for 55+
8.65%
7.64%
+
109
R100,000 for 18+
8.65%
7.65%
+
1,080
R100,000 for 55+
8.65%
7.65%
+
1,080
R250,000 for 18+
8.65%
7.65%
+
2,700
R250,000 for 55+
8.65%
7.65%
+
2,700
R1,000,000 for 18+
8.65%
7.75%
+
9,700
R1,000,000 for 55+
8.65%
7.75%
+
9,700
R5,000,000 for 18+
8.65%
7.81%
+
45,000
R5,000,000 for 55+
8.65%
7.81%
+
45,000
  • 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.
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). Standard Bank's interest rate for the same terms is 7.81%. Over 12 months you will earn R45,000 more in interest at TymeBank compared Standard Bank.

How do TymeBank interest rates compare to other banks?