Absa vs Access Bank Plc

Interest rates compared

Last updated 1st April 2026 by Walter

Introduction

This fixed deposit comparison page compares Absa interest rates to Access Bank Plc interest rates. All the interest rates shown are sourced from the Absa and Access Bank Plc websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 1st April 2026.

How do Absa fixed deposit interest rates compare to Access Bank Plc ?

You are more likely to find better interest rates at Access Bank Plc than Absa. Specifically, 45 out of 100 interest rates are better at Absa than Access Bank Plc. This means you are more likely to find a better interest rate at Access Bank Plc 55% 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)

Absa
8.05%
best rate
Access Bank Plc
7.75%
best rate

The best interest rate you can get at Absa is 8.05% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 . Whilst at Access Bank Plc, the best interest rate you can get is 7.75% for the 60-month fixed deposit. You will need a minimum deposit of R0 .

But how do interest rates at Absa compare to Access Bank Plc across different terms and investment amounts?

1 month fixed deposit interest rates compared

Absa vs Access Bank Plc

This table shows Absa's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1 month fixed deposit.

Investment amount Absa1Access Bank Plc1 Winner 2
R10,000 for 18+
6.20%
6.40%
-
-2
R100,000 for 18+
6.30%
6.40%
-
-8
R250,000 for 18+
6.30%
6.40%
-
-21
R1,000,000 for 18+
6.35%
6.40%
-
-42
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Absa.
How to read this table?

You get a 6.35% interest rate at Absa for a R1,000,000 investment in a 1 month fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 6.40%. Over 1 months you will earn R42 less in interest at Absa compared Access Bank Plc.

2 month fixed deposit interest rates compared

Absa vs Access Bank Plc

This table shows Absa's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 2 month fixed deposit.

Investment amount Absa1Access Bank Plc1 Winner 2
R10,000 for 18+
5.90%
6.45%
-
-9
R100,000 for 18+
6.00%
6.45%
-
-75
R250,000 for 18+
6.00%
6.45%
-
-188
R1,000,000 for 18+
6.05%
6.45%
-
-670
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Absa.
How to read this table?

You get a 6.05% interest rate at Absa for a R1,000,000 investment in a 2 month fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 6.45%. Over 2 months you will earn R670 less in interest at Absa compared Access Bank Plc.

3 month fixed deposit interest rates compared

Absa vs Access Bank Plc

This table shows Absa's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 month fixed deposit.

Investment amount Absa1Access Bank Plc1 Winner 2
R10,000 for 18+
6.20%
6.80%
-
-15
R100,000 for 18+
6.25%
6.80%
-
-139
R250,000 for 18+
6.25%
6.80%
-
-347
R1,000,000 for 18+
6.35%
6.80%
-
-1,137
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Absa.
How to read this table?

You get a 6.35% interest rate at Absa for a R1,000,000 investment in a 3 month fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 6.80%. Over 3 months you will earn R1,137 less in interest at Absa compared Access Bank Plc.

6 month fixed deposit interest rates compared

Absa vs Access Bank Plc

This table shows Absa's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 6 month fixed deposit.

Investment amount Absa1Access Bank Plc1 Winner 2
R10,000 for 18+
6.80%
7.00%
-
-10
R100,000 for 18+
7.10%
7.00%
+
51
R250,000 for 18+
7.10%
7.00%
+
129
R1,000,000 for 18+
7.10%
7.00%
+
515
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Absa.
How to read this table?

You get a 7.1% interest rate at Absa for a R1,000,000 investment in a 6 month fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.00%. Over 6 months you will earn R515 more in interest at Absa compared Access Bank Plc.

9 month fixed deposit interest rates compared

Absa vs Access Bank Plc

This table shows Absa's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 9 month fixed deposit.

Investment amount Absa1Access Bank Plc1 Winner 2
R10,000 for 18+
6.65%
7.00%
-
-27
R100,000 for 18+
7.15%
7.00%
+
118
R250,000 for 18+
7.15%
7.00%
+
295
R1,000,000 for 18+
7.15%
7.00%
+
1,179
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Absa.
How to read this table?

You get a 7.15% interest rate at Absa for a R1,000,000 investment in a 9 month fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.00%. Over 9 months you will earn R1,179 more in interest at Absa compared Access Bank Plc.

1 year fixed deposit interest rates compared

Absa vs Access Bank Plc

This table shows Absa's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1 year fixed deposit.

Investment amount Absa1Access Bank Plc1 Winner 2
R10,000 for 18+
7.20%
7.25%
-
-5
R100,000 for 18+
7.30%
7.25%
+
53
R250,000 for 18+
7.30%
7.25%
+
134
R1,000,000 for 18+
7.30%
7.25%
+
534
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Absa.
How to read this table?

You get a 7.3% interest rate at Absa for a R1,000,000 investment in a 1 year fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.25%. Over 12 months you will earn R534 more in interest at Absa compared Access Bank Plc.

1.5 year fixed deposit interest rates compared

Absa vs Access Bank Plc

This table shows Absa's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1.5 year fixed deposit.

Investment amount Absa1Access Bank Plc1 Winner 2
R10,000 for 18+
7.30%
7.25%
+
8
R100,000 for 18+
7.50%
7.25%
+
416
R250,000 for 18+
7.50%
7.25%
+
1,040
R1,000,000 for 18+
7.60%
7.25%
+
5,830
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Absa.
How to read this table?

You get a 7.6% interest rate at Absa for a R1,000,000 investment in a 1.5 year fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.25%. Over 1.5 years you will earn R5,830 more in interest at Absa compared Access Bank Plc.

2 year fixed deposit interest rates compared

Absa vs Access Bank Plc

This table shows Absa's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 2 year fixed deposit.

Investment amount Absa1Access Bank Plc1 Winner 2
R10,000 for 18+
7.50%
7.50%
-
0
R100,000 for 18+
7.50%
7.50%
-
0
R250,000 for 18+
7.50%
7.50%
-
0
R1,000,000 for 18+
7.60%
7.50%
+
2,310
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Absa.
How to read this table?

You get a 7.6% interest rate at Absa for a R1,000,000 investment in a 2 year fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.50%. Over 2 years you will earn R2,310 more in interest at Absa compared Access Bank Plc.

3 year fixed deposit interest rates compared

Absa vs Access Bank Plc

This table shows Absa's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 3 year fixed deposit.

Investment amount Absa1Access Bank Plc1 Winner 2
R10,000 for 18+
7.50%
7.60%
-
-37
R100,000 for 18+
7.60%
7.60%
-
0
R250,000 for 18+
7.60%
7.60%
-
0
R1,000,000 for 18+
7.80%
7.60%
+
7,505
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Absa.
How to read this table?

You get a 7.8% interest rate at Absa for a R1,000,000 investment in a 3 year fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.60%. Over 3 years you will earn R7,505 more in interest at Absa compared Access Bank Plc.

5 year fixed deposit interest rates compared

Absa vs Access Bank Plc

This table shows Absa's and Access Bank Plc's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 5 year fixed deposit.

Investment amount Absa1Access Bank Plc1 Winner 2
R10,000 for 18+
7.70%
7.75%
-
-37
R100,000 for 18+
7.90%
7.75%
+
1,101
R250,000 for 18+
7.90%
7.75%
+
2,751
R1,000,000 for 18+
8.05%
7.75%
+
22,092
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above Access Bank Plc.
    A negative amount means that Access Bank Plc offers more than Absa.
How to read this table?

You get a 8.05% interest rate at Absa for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). Access Bank Plc's interest rate for the same terms is 7.75%. Over 5 years you will earn R22,092 more in interest at Absa compared Access Bank Plc.

How do Absa interest rates compare to other banks?