Absa vs FNB

Interest rates compared

Last updated 3rd August 2025 by Walter

Introduction

This fixed deposit comparison page compares Absa interest rates to FNB interest rates. All the interest rates shown are sourced from the Absa and FNB websites, respectively. All rates shown on this page have been converted to nominal rates! This allows for a fair comparison. Rates last updated 4th August 2025.

How do Absa fixed deposit interest rates compare to FNB ?

You are more likely to find better interest rates at Absa than FNB. Specifically, 97 out of 100 interest rates are better at Absa than FNB. This means you are more likely to find a better interest rate at FNB 3% 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
8.30%
best rate
FNB
8.15%
best rate

The best interest rate you can get at Absa is 8.3% for the 60-month fixed deposit. You will need a minimum deposit of R1,000 and be over the age of 55. Whilst at FNB, the best interest rate you can get is 8.15% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 and be over the age of 55.

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

3 month fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
7.30%
6.50%
+
20
R10,000 for 18+
7.30%
6.50%
+
20
R10,000 for 55+
7.45%
6.65%
+
20
R10,000 for 55+
7.45%
6.65%
+
20
R100,000 for 18+
7.30%
6.50%
+
202
R100,000 for 18+
7.30%
6.50%
+
202
R100,000 for 55+
7.45%
6.65%
+
202
R100,000 for 55+
7.45%
6.65%
+
202
R250,000 for 18+
7.30%
6.60%
+
445
R250,000 for 18+
7.30%
6.60%
+
445
R250,000 for 55+
7.45%
6.75%
+
445
R250,000 for 55+
7.45%
6.75%
+
445
R1,000,000 for 18+
7.30%
6.80%
+
1,257
R1,000,000 for 18+
7.30%
6.80%
+
1,257
R1,000,000 for 55+
7.45%
6.95%
+
1,256
R1,000,000 for 55+
7.45%
6.95%
+
1,256
R5,000,000 for 18+
7.30%
6.80%
+
6,285
R5,000,000 for 18+
7.30%
6.80%
+
6,285
R5,000,000 for 55+
7.45%
6.95%
+
6,278
R5,000,000 for 55+
7.45%
6.95%
+
6,278
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 7.45% interest rate at Absa for a R5,000,000 investment in a 3 month fixed deposit (if you are older than 55). FNB's interest rate for the same terms is 6.95%. Over 3 months you will earn R6,278 more in interest at Absa compared FNB.

6 month fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
7.65%
6.90%
+
39
R10,000 for 18+
7.65%
6.90%
+
39
R10,000 for 55+
7.70%
6.90%
+
41
R10,000 for 55+
7.70%
6.90%
+
41
R100,000 for 18+
7.65%
6.90%
+
386
R100,000 for 18+
7.65%
6.90%
+
386
R100,000 for 55+
7.70%
6.90%
+
415
R100,000 for 55+
7.70%
6.90%
+
415
R250,000 for 18+
7.65%
7.00%
+
832
R250,000 for 18+
7.65%
7.00%
+
832
R250,000 for 55+
7.70%
7.00%
+
904
R250,000 for 55+
7.70%
7.00%
+
904
R1,000,000 for 18+
7.65%
7.20%
+
2,313
R1,000,000 for 18+
7.65%
7.20%
+
2,313
R1,000,000 for 55+
7.70%
7.20%
+
2,602
R1,000,000 for 55+
7.70%
7.20%
+
2,602
R5,000,000 for 18+
7.65%
7.20%
+
11,564
R5,000,000 for 18+
7.65%
7.20%
+
11,564
R5,000,000 for 55+
7.70%
7.20%
+
13,008
R5,000,000 for 55+
7.70%
7.20%
+
13,008
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 7.7% interest rate at Absa for a R5,000,000 investment in a 6 month fixed deposit (if you are older than 55). FNB's interest rate for the same terms is 7.20%. Over 6 months you will earn R13,008 more in interest at Absa compared FNB.

1 year fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
7.55%
7.20%
+
38
R10,000 for 18+
7.55%
7.20%
+
38
R10,000 for 55+
7.60%
7.35%
+
27
R10,000 for 55+
7.60%
7.35%
+
27
R100,000 for 18+
7.55%
7.20%
+
380
R100,000 for 18+
7.55%
7.20%
+
380
R100,000 for 55+
7.60%
7.35%
+
270
R100,000 for 55+
7.60%
7.35%
+
270
R250,000 for 18+
7.55%
7.30%
+
675
R250,000 for 18+
7.55%
7.30%
+
675
R250,000 for 55+
7.60%
7.45%
+
400
R250,000 for 55+
7.60%
7.45%
+
400
R1,000,000 for 18+
7.55%
7.50%
+
600
R1,000,000 for 18+
7.55%
7.50%
+
600
R1,000,000 for 55+
7.60%
7.65%
-
-500
R1,000,000 for 55+
7.60%
7.65%
-
-500
R5,000,000 for 18+
7.55%
7.50%
+
3,000
R5,000,000 for 18+
7.55%
7.50%
+
3,000
R5,000,000 for 55+
7.60%
7.65%
-
-2,500
R5,000,000 for 55+
7.60%
7.65%
-
-2,500
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 7.6% interest rate at Absa for a R5,000,000 investment in a 1 year fixed deposit (if you are older than 55). FNB's interest rate for the same terms is 7.65%. Over 12 months you will earn R2,500 less in interest at Absa compared FNB.

2 year fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
7.55%
7.15%
+
93
R10,000 for 18+
7.55%
7.15%
+
93
R10,000 for 55+
7.60%
7.20%
+
93
R10,000 for 55+
7.60%
7.20%
+
93
R100,000 for 18+
7.55%
7.15%
+
925
R100,000 for 18+
7.55%
7.15%
+
925
R100,000 for 55+
7.60%
7.20%
+
926
R100,000 for 55+
7.60%
7.20%
+
926
R250,000 for 18+
7.55%
7.25%
+
1,723
R250,000 for 18+
7.55%
7.25%
+
1,723
R250,000 for 55+
7.60%
7.30%
+
1,723
R250,000 for 55+
7.60%
7.30%
+
1,723
R1,000,000 for 18+
7.55%
7.45%
+
2,371
R1,000,000 for 18+
7.55%
7.45%
+
2,371
R1,000,000 for 55+
7.60%
7.55%
+
1,078
R1,000,000 for 55+
7.60%
7.55%
+
1,078
R5,000,000 for 18+
7.55%
7.45%
+
11,854
R5,000,000 for 18+
7.55%
7.45%
+
11,854
R5,000,000 for 55+
7.60%
7.55%
+
5,392
R5,000,000 for 55+
7.60%
7.55%
+
5,392
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 7.6% interest rate at Absa for a R5,000,000 investment in a 2 year fixed deposit (if you are older than 55). FNB's interest rate for the same terms is 7.55%. Over 2 years you will earn R5,392 more in interest at Absa compared FNB.

3 year fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
7.75%
7.15%
+
223
R10,000 for 18+
7.75%
7.15%
+
223
R10,000 for 55+
7.95%
7.20%
+
283
R10,000 for 55+
7.95%
7.20%
+
283
R100,000 for 18+
7.75%
7.15%
+
2,227
R100,000 for 18+
7.75%
7.15%
+
2,227
R100,000 for 55+
7.95%
7.20%
+
2,826
R100,000 for 55+
7.95%
7.20%
+
2,826
R250,000 for 18+
7.75%
7.25%
+
4,616
R250,000 for 18+
7.75%
7.25%
+
4,616
R250,000 for 55+
7.95%
7.30%
+
6,112
R250,000 for 55+
7.95%
7.30%
+
6,112
R1,000,000 for 18+
7.75%
7.45%
+
11,171
R1,000,000 for 18+
7.75%
7.45%
+
11,171
R1,000,000 for 55+
7.95%
7.55%
+
15,056
R1,000,000 for 55+
7.95%
7.55%
+
15,056
R5,000,000 for 18+
7.75%
7.45%
+
55,853
R5,000,000 for 18+
7.75%
7.45%
+
55,853
R5,000,000 for 55+
7.95%
7.55%
+
75,282
R5,000,000 for 55+
7.95%
7.55%
+
75,282
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 7.95% interest rate at Absa for a R5,000,000 investment in a 3 year fixed deposit (if you are older than 55). FNB's interest rate for the same terms is 7.55%. Over 3 years you will earn R75,282 more in interest at Absa compared FNB.

5 year fixed deposit interest rates compared

Absa vs FNB

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

Investment amount Absa1FNB1 Winner 2
R10,000 for 18+
8.25%
7.80%
+
337
R10,000 for 18+
8.25%
7.80%
+
337
R10,000 for 55+
8.30%
7.80%
+
372
R10,000 for 55+
8.30%
7.80%
+
372
R100,000 for 18+
8.25%
7.80%
+
3,374
R100,000 for 18+
8.25%
7.80%
+
3,374
R100,000 for 55+
8.30%
7.80%
+
3,721
R100,000 for 55+
8.30%
7.80%
+
3,721
R250,000 for 18+
8.25%
7.90%
+
6,554
R250,000 for 18+
8.25%
7.90%
+
6,554
R250,000 for 55+
8.30%
7.90%
+
7,423
R250,000 for 55+
8.30%
7.90%
+
7,423
R1,000,000 for 18+
8.25%
8.10%
+
11,083
R1,000,000 for 18+
8.25%
8.10%
+
11,083
R1,000,000 for 55+
8.30%
8.15%
+
11,103
R1,000,000 for 55+
8.30%
8.15%
+
11,103
R5,000,000 for 18+
8.25%
8.10%
+
55,414
R5,000,000 for 18+
8.25%
8.10%
+
55,414
R5,000,000 for 55+
8.30%
8.15%
+
55,516
R5,000,000 for 55+
8.30%
8.15%
+
55,516
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at Absa over and above FNB.
    A negative amount means that FNB offers more than Absa.
How to read this table?

You get a 8.3% interest rate at Absa for a R5,000,000 investment in a 5 year fixed deposit (if you are older than 55). FNB's interest rate for the same terms is 8.15%. Over 5 years you will earn R55,516 more in interest at Absa compared FNB.

How do Absa interest rates compare to other banks?