TymeBank Fixed Deposit Review for March 2025

Last updated 2nd March 2025 by Walter

Introduction

This page summarises all the fixed deposits offered by TymeBank. All the rates shown are sourced from the TymeBank website - tymebank.co.za. All rates shown on this page have been converted to nominal and effective annual rates! This allows you to compare rates across all banks. Yippee!

The TymeBank fixed deposit interest calculator, allows you to calculate how much interest you will earn for your age, investment amount and term.

TymeBank fixed deposits highlights

last updated 2nd March 2025 by Walter

R1
min deposit
8.65%
best rate

Here are TymeBank's best fixed deposit rates

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 .

Here are TymeBank's five best fixed deposit interest rates:

# Min deposit Term Nominal
1 R1 12 months 8.65%
2 R1 6 months 7.87%
3 R1 3 months 6.96%
P
only individuals older than 55 qualify

TymeBank 3 month fixed deposit

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

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+6.96% 7.42%
-
-12
R10,000 for 55+6.96% 7.41%
-
-11
R100,000 for 18+6.96% 7.47%
-
-129
R100,000 for 55+6.96% 7.47%
-
-129
R250,000 for 18+6.96% 7.47%
-
-320
R250,000 for 55+6.96% 7.52%
-
-353
R1,000,000 for 18+6.96% 7.54%
-
-1,457
R1,000,000 for 55+6.96% 7.59%
-
-1,584
R5,000,000 for 18+6.96% 7.56%
-
-7,508
R5,000,000 for 55+6.96% 7.58%
-
-7,746
How to read this table?

You get a 6.96% interest rate at TymeBank for a R10,000 investment in a 3 month fixed deposit (if you are older than 18). The industry average is 7.42%. Over 3 months you will earn R12 less in interest at TymeBank compared to the average bank.

TymeBank 6 month fixed deposit

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

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+7.87% 7.70%
+
8
R10,000 for 55+7.87% 7.66%
+
11
R100,000 for 18+7.87% 7.79%
+
41
R100,000 for 55+7.87% 7.73%
+
73
R250,000 for 18+7.87% 7.82%
+
69
R250,000 for 55+7.87% 7.77%
+
129
R1,000,000 for 18+7.87% 7.86%
+
53
R1,000,000 for 55+7.87% 7.84%
+
148
R5,000,000 for 18+7.87% 7.85%
+
376
R5,000,000 for 55+7.87% 7.84%
+
897
How to read this table?

You get a 7.87% interest rate at TymeBank for a R10,000 investment in a 6 month fixed deposit (if you are older than 18). The industry average is 7.70%. Over 6 months you will earn R8 more in interest at TymeBank compared to the average bank.

TymeBank 1 year fixed deposit

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

Investment amount Nominal Industry average1 Earnings vs average2
R10,000 for 18+8.65% 8.00%
+
70
R10,000 for 55+8.65% 8.03%
+
66
R100,000 for 18+8.65% 8.09%
+
598
R100,000 for 55+8.65% 8.09%
+
595
R250,000 for 18+8.65% 8.12%
+
1,421
R250,000 for 55+8.65% 8.14%
+
1,360
R1,000,000 for 18+8.65% 8.17%
+
5,225
R1,000,000 for 55+8.65% 8.21%
+
4,713
R5,000,000 for 18+8.65% 8.15%
+
26,800
R5,000,000 for 55+8.65% 8.20%
+
24,077
How to read this table?

You get a 8.65% interest rate at TymeBank for a R10,000 investment in a 1 year fixed deposit (if you are older than 18). The industry average is 8.00%. Over 12 months you will earn R70 more in interest at TymeBank compared to the average bank.