FNB vs Fedgroup

Interest rates compared

Last updated 1st April 2026 by Walter

Introduction

This fixed deposit comparison page compares FNB interest rates to Fedgroup interest rates. All the interest rates shown are sourced from the FNB and Fedgroup 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 FNB fixed deposit interest rates compare to Fedgroup ?

You are more likely to find better interest rates at Fedgroup than FNB. Specifically, 0 out of 100 interest rates are better at FNB than Fedgroup. This means you are more likely to find a better interest rate at Fedgroup 100% 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)

FNB
7.20%
best rate
Fedgroup
8.65%
best rate

The best interest rate you can get at FNB is 7.2% for the 60-month fixed deposit. You will need a minimum deposit of R1,000,000 . Whilst at Fedgroup, the best interest rate you can get is 8.65% for the 60-month fixed deposit. You will need a minimum deposit of R1 .

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

5 year fixed deposit interest rates compared

FNB vs Fedgroup

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

Investment amount FNB1Fedgroup1 Winner 2
R10,000 for 18+
6.90%
8.65%
-
-1,281
R100,000 for 18+
6.90%
8.65%
-
-12,812
R250,000 for 18+
7.00%
8.65%
-
-30,273
R1,000,000 for 18+
7.20%
8.65%
-
-106,928
  • 1 nominal interest rate
  • 2 the amount of interest you will be able earn at FNB over and above Fedgroup.
    A negative amount means that Fedgroup offers more than FNB.
How to read this table?

You get a 7.2% interest rate at FNB for a R1,000,000 investment in a 5 year fixed deposit (if you are older than 18). Fedgroup's interest rate for the same terms is 8.65%. Over 5 years you will earn R106,928 less in interest at FNB compared Fedgroup.

How do FNB interest rates compare to other banks?