Capitec fixed deposit South Africa: from R10,000, interest rate up to 10.25% per year, terms 3 to 60 months. Protected by the Deposit Insurance Scheme. Review on CreditDeals.
This button goes straight to the lender. There is no partner link here and we earn nothing from the click. The rating on this page is an editorial score.
## Accessing capital and interest from your savings plan This product pays you; you do not repay the bank. Rand returns flow back to your linked Capitec cheque or savings account either on the scheduled maturity date or when you trigger an early exit. ### Payout routes | Method | Timing | Mechanics | |---|---|---| | Scheduled maturity credit | Instant on maturity date | Principal plus accrued coupon posts automatically to your transactional account | | Early exit via app | About **1 business day** | You request withdrawal; an interest reduction applies for the broken period | ### Interest during the term If you selected monthly, quarterly, or annual distribution at opening, each coupon lands in the same transactional account on that rhythm. At-maturity payout keeps everything compounding inside the plan until the end date. ### What happens on maturity day Unless you enabled auto-renewal, the full balance including earned interest credits without manual action. You may instead reinvest at prevailing fixed-deposit rates, change the term length, or leave proceeds in your everyday account. ### Early exit mechanics The handset app displays the exact interest reduction and net rand amount before you confirm. Penalty severity rises with remaining term: breaking far ahead of maturity costs more coupon than exiting near the finish line. No separate cash penalty beyond the interest adjustment is quoted on the profile. ### Practical reminders Keep your transactional account active so maturity proceeds do not bounce. Download statements or the **SARS** tax certificate from the app if you need proof of interest received. For timing questions, contact **0860 10 20 43** during published call-centre hours.
On the maturity date, your full capital plus all earned interest is automatically credited to your linked Capitec transactional account.
You can withdraw before maturity via the Capitec app. An interest reduction penalty applies for the period of early withdrawal.
Opened a 12-month fixed deposit with Capitec at 9.75%. The Deposit Insurance Scheme protects my money. The app makes it easy to track interest accrual. Will definitely renew when it matures.
Capitec fixed deposit South Africa: from R10,000, interest rate up to 10.25% per year, terms 3 to 60 months. Protected by the Deposit Insurance Scheme. Review on CreditDeals.
This button goes straight to the lender. There is no partner link here and we earn nothing from the click. The rating on this page is an editorial score.
