What are Capitec savings interest rates?

Capitec savings interest rates vary depending on the savings product, balance tier and investment term. The page provides current rates for the Main Account, Access Anytime Savings, Notice Deposit, Fixed-Term Savings and Tax-Free Savings.

Do Capitec savings accounts charge monthly fees?

Capitec savings plans do not charge monthly fees. The page shows one monthly administration fee of R7.50 for the Main Account.

What is the difference between nominal and effective interest rates?

The nominal rate refers to interest paid without reinvesting the monthly interest, while the effective rate is higher because it reflects interest earned on reinvested interest over time.

Which Capitec savings products are listed on the rates and fees page?

The rates and fees page includes the Main Account, Access Anytime Savings Plan, Notice Deposit Account, Fixed-Term Savings Plan and Tax-Free Savings Plan.

Do fixed-term and tax-free savings plans charge an early access fee?

Yes. The Tax-Free Savings Plan page states that a fee of R300 applies for early access to your money. Early access conditions may also apply to other term-based savings products.

When were these savings rates last updated?

The savings interest rates and fees shown on this page are effective from 03 February 2026.

Our savings interest rates

We’ve made saving easy with our highly competitive interest rates, and quick access to your savings plans on our app.

The savings interest rates and fees below are effective as of 29 May 2026.

Rates and fees

One monthly administration fee

R7.50

Main account

Amount (R)	R0 - R24 999		R25 000 - R99 999		R100 000 - R249 999		R250 000 +
	Nominal	Effective	Nominal	Effective	Nominal	Effective	Nominal	Effective
Interest rate (%)	2.00%	2.02%	2.00%	2.02%	2.00%	2.02%	2.00%	2.02%

R0 - R24 999
	Nominal	Effective
Interest rate (%)	2.00%	2.02%
R25 000 - R99 999
	Nominal	Effective
Interest rate (%)	2.00%	2.02%
R100 000 - R249 999
	Nominal	Effective
Interest rate (%)	2.00%	2.02%
R250 000 +
	Nominal	Effective
Interest rate (%)	2.00%	2.02%

All interest rates quoted are nominal annual compounded monthly (NACM) rates.

Access anytime savings plan

Amount (R)	R0 - R24 999		R25 000 - R99 999		R100 000 - R249 999		R250 000 +
	Nominal	Effective	Nominal	Effective	Nominal	Effective	Nominal	Effective
Interest rate (%)	2.00%	2.02%	3.00%	3.04%	4.50%	4.59%	6.00%	6.17%

R0 - R24 999
	Nominal	Effective
Interest rate (%)	2.00%	2.02%
R25 000 - R99 999
	Nominal	Effective
Interest rate (%)	3.00%	3.04%
R100 000 - R249 999
	Nominal	Effective
Interest rate (%)	4.50%	4.59%
R250 000 +
	Nominal	Effective
Interest rate (%)	6.00%	6.17%

All interest rates quoted are nominal annual compounded monthly (NACM) rates.

Notice deposit account

Amount (R)	R0 - R24 999		R25 000 - R99 999		R100 000 - R249 999		R250 000 - R999 999		R1 million +
	Nominal	Effective	Nominal	Effective	Nominal	Effective	Nominal	Effective	Nominal	Effective
7-day notice interest rate (%)	4.00%	4.07%	6.10%	6.27%	6.20%	6.38%	6.40%	6.59%	6.50%	6.70%
32-day notice interest rate (%)	6.20%	6.38%	6.65%	6.86%	6.80%	7.02%	6.95%	7.18%	7.00%	7.23%

Amount (R)	R0 - R24 999		R25 000 - R99 999		R100 000 - R249 999		R250 000 - R999 999		R1 million +
	Nominal	Effective	Nominal	Effective	Nominal	Effective	Nominal	Effective	Nominal	Effective
7-day notice interest rate (%)	4.00%	4.07%	6.10%	6.27%	6.20%	6.38%	6.40%	6.59%	6.50%	6.70%
32-day notice interest rate (%)	6.20%	6.38%	6.65%	6.86%	6.80%	7.02%	6.95%	7.18%	7.00%	7.23%

R0 - R24 999
	Nominal	Effective
7-day notice interest rate (%)	4.00%	4.07%
32-day notice interest rate (%)	6.20%	6.38%
R25 000 - R99 999
	Nominal	Effective
7-day notice interest rate (%)	6.10%	6.27%
32-day notice interest rate (%)	6.65%	6.86%
R100 000 - R249 999
	Nominal	Effective
7-day notice interest rate (%)	6.20%	6.38%
32-day notice interest rate (%)	6.80%	7.02%
R250 000 - R999 999
	Nominal	Effective
7-day notice interest rate (%)	6.40%	6.59%
32-day notice interest rate (%)	6.95%	7.18%
R1 million +
	Nominal	Effective
7-day notice interest rate (%)	6.50%	6.70%
32-day notice interest rate (%)	7.00%	7.23%

Fixed-term savings plan (single deposit option)

The nominal rate is when the interest from your fixed deposit account is paid out every month, and not reinvested. The effective rate is higher because you earn interest on the interest that is reinvested in your fixed deposit account.

Fixed-term savings plan (multiple deposits option)

The nominal rate is when the interest from your fixed deposit account is paid out every month, and not reinvested. The effective rate is higher because you earn interest on the interest that is reinvested in your fixed deposit account.

Tax-free savings plan

Open an Account