Capitec Savings Review for March 2026
Introduction
The Capitec Savings is a savings account offered by Capitec. Unlike notice or fixed deposits, savings accounts allow quick and easy access to your money.
This page summarises interest rates offered by Capitec Savings and compares them to South Africa's savings account industry average. So you can get a good idea how the interest rates offered by Capitec Savings compare to other banks.
Capitec Savings highlights
last updated 1st March 2026 by Walter
Capitec Savings
This table shows Capitec Savings's interest rates for a R10,000, R20,000, R100,000, R1,000,000 and R5,000,000 investment in Capitec Savings versus the industry average.
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R10,000 | 2.00% #21 out of 24 | 4.83% | - R 283 |
| R20,000 | 2.00% #22 out of 25 | 4.88% | - R 575 |
| R100,000 | 4.25% #24 out of 31 | 5.50% | - R 1,252 |
| R1,000,000 | 5.75% #18 out of 28 | 5.45% | + R 2,964 |
| R5,000,000 | 5.75% #18 out of 28 | 5.49% | + R 12,768 |
- 1 industry average refers to the average interest rate across all other savings accounts for the given investment amount
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than Capitec Savings.
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R10,000 for 0+ | 2.00% | 4.83% | - -283 |
| R20,000 for 0+ | 2.00% | 4.88% | - -575 |
| R100,000 for 0+ | 4.25% | 5.50% | - -1,252 |
| R1,000,000 for 0+ | 5.75% | 5.45% | + 2,964 |
| R5,000,000 for 0+ | 5.75% | 5.49% | + 12,768 |
- 1 industry average refers to the average interest rate across all other banks
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than Capitec Savings.
You get a 5.75% interest rate at Capitec Savings for a R5,000,000 investment. The industry average for a savings account with a balance of R5,000,000 is 5.49%. Over one year you will earn R12,768 more in interest at Capitec Savings compared to the average savings account.
Here are other similar savings accounts in South Africa which require a minimum deposit between R0 - R250,000
| Account | Min Deposit | Rate |
|---|---|---|
| Access Bank Savings | R1 | 6.00% |
| Access Bank Call | R1 | 6.00% |
| African Bank Savings Pocket | R1 | 5.50% |
| BankZero Savings | R1 | 6.25% |
| Bidvest Bank Call Account | R1,000 | 6.15% |
| FNB Savings Account | R1 | 6.00% |
| Investec MoneyFund Tracker | R250,000 | 6.27% |
| Investec Call Deposits | R100,000 | 6.15% |
| Nedbank JustSave | R1 | 5.75% |
| Standard Bank SaveUp | R0 | 6.30% |
| Standard Bank MoneyMarket Call Account | R20,000 | 5.55% |
| TymeBank GoalSave | R1 | 6.00% |