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Nedbank Pay-as-you-use

That freedom to bank the way you like for how much you want just got way better! Why?

 

Because if you’ve loved your Nedbank PAYU account, we’re pretty sure you’re about to be obsessed with this brand new one that’s taken its place.

 

But, good things do take time. So, before we switch you over, here's all the info you mighy still need on your older account right here... 

Download pricing guide

Why switch to MiGoals?

  • You'll get a brand new debit card (with a really cool name that reminds you to be about your money. All the time).
  • You'll get all the benefits you're used to - and more. On an account that offers you simpler more affordable pricing, and better discounts and rewards.

 

Actually, the question here should be why not switch to MiGoals? 

 

 

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Switch it up

Upgrading you to a MiGoals account will be super easy. There are no costs involved. And once done, you'll continue to pay only for what you use on your new bank account.

 

Just sit back, and we'll take care of all the admin for you as well as get you your new card by the end of this year, if not first thing in 2024.

 

No extra charges. A whole bunch of new benefits... we can't wait to switch you up!

Out with the old, in with the new

Simpler more affordable transaction fees... Even lower monthly maintenance fees on the paid-accounts. Get ready to make better money moves with MiGoals. Check out the full range:

Cards

MiGoals

A super-affordable pay-as-you-use account.

R5 p/m

Learn more
Cards

MiGoals Plus

For best-value banking with the option to add more benefits when you need them, open a MiGoals Plus Account.

R99 p/m

Learn more
Cards

MiGoals Premium

Bank smarter with this full-package deal that offers you daily convenience, credit flexibility, and top-tier lifestyle benefits. Anyone 16 years or older can apply.

R240 p/m

Learn more

Find out more about switching to MiGoals

The MiGoals product suite includes the following transactional accounts:

  • MiGoals Account
  • MiGoals Plus Account
  • MiGoals Premium Account

These accounts will replace the following transactional accounts:

  • Nedbank Pay-as-use Account (PAYU) = MiGoals Account
  • Savvy Plus and Optimum = MiGoals Plus Account
  • Savvy Bundle = MiGoals Premium Account

 

 

MiGoals 

  • No monthly maintenance fee.
  • An everyday, no-frills, and cost-effective pay-as-you-use account.
  • Limited free transactions.
  • Value-added services like an overdraft facility and credit card at an additional monthly service fee.

South African residents or foreign nationals who are 16 years or older.

The MiGoals product range is easy to understand and offers simplified pricing structures.

You can open a MiGoals or MiGoals Plus account on the Money app, Online Banking or directly from this website.

For now, MiGoals Premium is available at branches and on Online Banking only. It will be available on the Money app very soon. 

If we don’t have your details on record, we’ll ask you to submit certain documents, like your identity document or proof of income. Depending on your application method, documents can be submitted at branch, by email or uploaded through the Money app or Online Banking channel. 

(You can upload documents in PDF, .doc, PNG, or JPEG format - up to 10 MB per file and up to 20 MB for multiple files).(You can upload documents in PDF, .doc, PNG, or JPEG format - up to 10 MB per file and up to 20 MB for multiple files).

We will automatically move your account to one of the MiGoals accounts towards the end of 2023 or beginning of 2024 (depending on the product you have).

Yes, but the discount of R60 applies only to MiGoals Plus and MiGoals Premium.

Greenbacks are paid into your Greenbacks account. You can redeem these for transactional banking fees, or as cash that is deposited into your savings or investment account. 

Your earned Greenbacks are paid into your Greenbacks account a few days after you have earned them, which is usually in the same month. 

Yes. Greenbacks packages as well as earn rates and limits stay the same for MiGoals. 

Yes. Greenbacks packages as well as earn rates and limits stay the same for MiGoals. 

An extra R55 per month. 

Only MiGoals clients on the Greenbacks Card Swiper package will receive American Express Cards. 

You must be on the Greenbacks Card Swiper package to receive American Express Cards for your MiGoals account. 

MiGoals clients will be charged a flat fee of R10 for instant payments, regardless of the amount. 

You will be charged a flat fee of R10 for instant payments, regardless of the amount that you pay. 

For MiGoals Premium clients banking needs:

MiGoals clients who select the premium bank account will have access to Bidvest airport lounges. 

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Goodbye, Savvy Plus.

Pretty soon we'll be swopping out your Savvy Plus account for the brand new, MiGoals Plus. 

 

Expect more benefits, more rewards... and all the very best-value banking at a lower fee. 

 

We look forward to making smarter money-moves with you. For now, you can find all the info you need on your older account right here... 

Download pricing guide

Why switch to MiGoals?

Save on banking fees and enjoy better benefits on a MiGoals Plus account. 

  • Now only R99 a month, or R49.50 if you're over 55
  • Make free ATM cash withdrawals of up to R3,000
  • Make free ATM cash deposits of up to R3,000
  • Plus, unlimited cash withdrawals from participating stores
Check out MiGoals Plus
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Switch it up

Upgrading your Savvy account to the new Migoals Plus will be super easy...plus, there are no extra charges. 

 

All Savvy Plus clients will automatically be moved to MiGoals Plus in 2024, but if you want to get ahead: simply look out for the detail we'll send on ways to switch your account this year already. 

 

Out with the old, in with the new

Simpler more affordable transaction fees... Even lower monthly maintenance fees on the paid-accounts. Get ready to make better money moves with MiGoals. Check out the full range:

Cards

MiGoals

A super-affordable pay-as-you-use account.

R5 p/m

Learn more
Cards

MiGoals Plus

For best-value banking with the option to add more benefits when you need them, open a MiGoals Plus Account.

R99 p/m

Learn more
Cards

MiGoals Premium

Bank smarter with this full-package deal that offers you daily convenience, credit flexibility, and top-tier lifestyle benefits. Anyone 16 years or older can apply.

R240 p/m

Learn more

Find out more about switching to MiGoals Plus

The MiGoals product suite includes the following transactional accounts:

  • MiGoals Account
  • MiGoals Plus Account
  • MiGoals Premium Account

These accounts will replace the following transactional accounts:

  • Nedbank Pay-as-use Account (PAYU) = MiGoals Account
  • Savvy Plus and Optimum = MiGoals Plus Account
  • Savvy Bundle = MiGoals Premium Account

 

 

  • A monthly maintenance fee of R99 (R49.50 for clients 55 years or older).
  • Most electronic transactions are included in the fee. 
  • Free monthly cash withdrawals (up to R3,000) and cash deposits (up to R3,000) at a Nedbank ATM. 
  • Value-added service like an overdraft facility and credit card at an additional monthly service fee. 

South African residents or foreign nationals who are 16 years or older.

The MiGoals product range is easy to understand and offers simplified pricing structures.

You can open a MiGoals or MiGoals Plus account on the Money app, Online Banking or directly from this website.

For now, MiGoals Premium is available at branches and on Online Banking only. It will be available on the Money app very soon. 

If we don’t have your details on record, we’ll ask you to submit certain documents, like your identity document or proof of income. Depending on your application method, documents can be submitted at branch, by email or uploaded through the Money app or Online Banking channel. 

(You can upload documents in PDF, .doc, PNG, or JPEG format - up to 10 MB per file and up to 20 MB for multiple files).(You can upload documents in PDF, .doc, PNG, or JPEG format - up to 10 MB per file and up to 20 MB for multiple files).

No, only MiGoals Plus offers a 50% discount for clients over 55. 

We will automatically move your account to one of the MiGoals accounts towards the end of 2023 or beginning of 2024 (depending on the product you have).

Yes, but the discount of R60 applies only to MiGoals Plus and MiGoals Premium.

If you are over 55 and have already received a 50% discount on the monthly maintenance fee, you will not qualify for the spousal discount offered as a Family Banking benefit. 

Greenbacks are paid into your Greenbacks account. You can redeem these for transactional banking fees, or as cash that is deposited into your savings or investment account. 

Your earned Greenbacks are paid into your Greenbacks account a few days after you have earned them, which is usually in the same month. 

Yes. Greenbacks packages as well as earn rates and limits stay the same for MiGoals. 

Yes. Greenbacks packages as well as earn rates and limits stay the same for MiGoals. 

No. The only criteria to receive the 50% discount is that clients must be 55 years or older.

An extra R55 per month. 

Only MiGoals clients on the Greenbacks Card Swiper package will receive American Express Cards. 

You must be on the Greenbacks Card Swiper package to receive American Express Cards for your MiGoals account. 

MiGoals clients will be charged a flat fee of R10 for instant payments, regardless of the amount. 

You will be charged a flat fee of R10 for instant payments, regardless of the amount that you pay. 

A round-the-clock helpdesk for MiGoals Premium clients. 

  • Tel:+27 (0)86 055 5782
  • Email: lifestylebanking@nedbank.co.za

MiGoals clients who select the premium bank account will have access to Bidvest airport lounges. 

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We've bumped up your Savvy Bundle

Good news! We've bumped up your Savvy Bundle to a simplified, more rewarding MiGoals Premium banking solution. 

 

Enjoy added convenience, flexible credit solutions, and first-rate travel perks. All for one fixed monthly fee.

 

You banking experience is about to get so much better! But before we switch you over, you can find your old pricing guide right here.

Download pricing guide

The full package

Bank smarter with MiGoals Premium, a full-package deal that offers you daily banking convenience, flexible credit solutions and great travel benefits at a fixed monthly fee.

For only R240 p/m you get to link both a credit card and overdraft facility to your transactional account (at your discretion) and much more. Learn more about this premium banking solution here. 

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What to expect

Switching you from Savvy Bundle to the new Migoals Premium will be smooth and easy. And there's no extra charge involved.

 

Once we're all done, we'll deliver your brand new cards to you, and make sure that all your money, debit orders and profile settings remain exactly as you prefer. 

 

Savvy Bundle clients will automatically be moved to a MiGoals Premium account in 2024. But if you like, simply look out for the detail we'll send on ways to switch your account this year already.

Out with the old, in with the new

Simpler more affordable transaction fees... Even lower monthly maintenance fees on the paid-accounts. Get ready to make better money moves with MiGoals. Check out the full range:

Cards

MiGoals

A super-affordable pay-as-you-use account.

R5 p/m

Learn more
Cards

MiGoals Plus

For best-value banking with the option to add more benefits when you need them, open a MiGoals Plus Account.

R99 p/m

Learn more
Cards

MiGoals Premium

Bank smarter with this full-package deal that offers you daily convenience, credit flexibility, and top-tier lifestyle benefits. Anyone 16 years or older can apply.

R240 p/m

Learn more

Find out more about switching to MiGoals Premium

The MiGoals product suite includes the following transactional accounts:

  • MiGoals Account
  • MiGoals Plus Account
  • MiGoals Premium Account

These accounts will replace the following transactional accounts:

  • Nedbank Pay-as-use Account (PAYU) = MiGoals Account
  • Savvy Plus and Optimum = MiGoals Plus Account
  • Savvy Bundle = MiGoals Premium Account

 

 

MiGoals 

  • No monthly maintenance fee.
  • An everyday, no-frills, and cost-effective pay-as-you-use account.
  • Limited free transactions.
  • Value-added services like an overdraft facility and credit card at an additional monthly service fee.
  • A monthly maintenance fee of R99 (R49.50 for clients 55 years or older).
  • Most electronic transactions are included in the fee. 
  • Free monthly cash withdrawals (up to R3,000) and cash deposits (up to R3,000) at a Nedbank ATM. 
  • Value-added service like an overdraft facility and credit card at an additional monthly service fee. 
  • A monthly maintenance fee of R240. 
  • A bundle that includes a transactional account, an optional overdraft facility, and a credit card for one single monthly maintenance fee.
  • Most electronic transactions are included in the fee. 
  • Free monthly cash withdrawals (up to R5,000) and cash deposits (up to R5,000) at a Nedbank ATM.

The MiGoals product range is easy to understand and offers simplified pricing structures.

South African residents or foreign nationals who are 16 years or older.

You can open a MiGoals or MiGoals Plus account on the Money app, Online Banking or directly from this website.

For now, MiGoals Premium is available at branches and on Online Banking only. It will be available on the Money app very soon. 

If we don’t have your details on record, we’ll ask you to submit certain documents, like your identity document or proof of income. Depending on your application method, documents can be submitted at branch, by email or uploaded through the Money app or Online Banking channel. 

(You can upload documents in PDF, .doc, PNG, or JPEG format - up to 10 MB per file and up to 20 MB for multiple files).(You can upload documents in PDF, .doc, PNG, or JPEG format - up to 10 MB per file and up to 20 MB for multiple files).

If your application for a credit card or an overdraft facility, in terms of MiGoals Premium, has been declined, you can still take up the MiGoals premium transactional account or apply for the MiGoals Plus account.

The overdraft facility is optional. However, if you do not want the overdraft facility, you will still pay the full monthly maintenance fee of R240. No minimum mandatory overdraft amount applies.  

No, only MiGoals Plus offers a 50% discount for clients over 55. 

We will automatically move your account to one of the MiGoals accounts towards the end of 2023 or beginning of 2024 (depending on the product you have).

Yes, but the discount of R60 applies only to MiGoals Plus and MiGoals Premium.

If you are over 55 and have already received a 50% discount on the monthly maintenance fee, you will not qualify for the spousal discount offered as a Family Banking benefit. 

Greenbacks are paid into your Greenbacks account. You can redeem these for transactional banking fees, or as cash that is deposited into your savings or investment account. 

Your earned Greenbacks are paid into your Greenbacks account a few days after you have earned them, which is usually in the same month. 

Yes. Greenbacks packages as well as earn rates and limits stay the same for MiGoals. 

Yes. Greenbacks packages as well as earn rates and limits stay the same for MiGoals. 

No. The only criteria to receive the 50% discount is that clients must be 55 years or older.

An extra R55 per month. 

Only MiGoals clients on the Greenbacks Card Swiper package will receive American Express Cards. 

You must be on the Greenbacks Card Swiper package to receive American Express Cards for your MiGoals account. 

MiGoals clients will be charged a flat fee of R10 for instant payments, regardless of the amount. 

You will be charged a flat fee of R10 for instant payments, regardless of the amount that you pay. 

A round-the-clock helpdesk for MiGoals Premium clients. 

  • Tel:+27 (0)86 055 5782
  • Email: lifestylebanking@nedbank.co.za

MiGoals clients who select the premium bank account will have access to Bidvest airport lounges. 

nedbank4me

Can't find Nedbank4Me?

That’s because we’ve refreshed your child’s favourite youth account with something way better.

 

Get set to amplify their Penny Power with even better banking benefits and more control of their account from their very own banking app. 

 

For now, you can still find all the information about your child’s Nedbank4Me account right here.

Download pricing guide

A refreshed experience

If you already have a Nedbank4Me Account for your child, then MiGoals4Kids is a fantastic choice. 

 

Made for children under the age of 16, you'll still get to enjoy zero monthly maintenance fees plus a range of great discounts and rewards.

 

The MiGoals4Kids Account comes with parent-supervised access to the Money app through our secure and easy to use Kids Digital Banking feature.

See MiGoals4Kids

Switch to MiGoals

Upgrading your child to MiGoals4Kids is absolutely free and you'll continue to pay only for what you use with your new account.

 

When it’s time, we’ll get in touch and take care of all the admin, including arranging a brand-new card that you can collect or have delivered to your door.

The best accounts for our future money experts

Gift your child a MiGoals4Kids Account with even more discounts and rewards.

Cards

MiGoals4Kids

Secure your child's penny power from early on with the bank account that will have them making smart money choices for life.

See more

An account tailored to children under the age of 16 years, with zero monthly maintenance fees and even better banking benefits and rewards.

Through Kids Digital Banking on their MiGoals4Kids Account, children can do all this:

  • Check their balances.
  • Buy prepaid data and airtime for cellphone numbers that their parents or guardians have loaded on their profile.
  • Pay approved recipients that their parents or guardians have loaded on their profile. 
  • Buy electricity for meter numbers that their parents or guardians have loaded on their profile. 
  • Track their spend and manage their budgets through My Smart Money.

Parents or guardians will need to register their child for digital banking using their own Money app.

Your child’s existing Nedbank4Me Account is now the MiGoals4Kids Account.

Children under the age of 16.

No, this account has zero monthly maintenance fees.

You will need your child’s abridged or unabridged birth certificate.

You can upload it when you apply for the account. Select Browse  and then choose the document from where you have saved it. On the Money app you can take a screenshot of the birth certificate and upload it. See the detailed how-to steps. You can also email the certificate to digitalsupport@nedbank.co.za.

You can email the certificate to digitalsupport@nedbank.co.za

  1. Zero monthly maintenance fees
  2. Free card purchases
  3. Great discounts and rewards
  4. 50% off at selected Nu Metro cinemas (unlimited tickets)
  5. Access to Penny Power financial education content

Yes. The account will be activated as soon as your application has been approved.

The courier will arrange delivery of your child’s card. This may take up to 5 business days. You can also arrange to pick up the card at a branch.

Parents or guardians can now link their child’s account to the Money app for limited transactions through Kids Digital Banking.

You will be charged a flat fee of R10 for instant payments, regardless of the amount that you pay.

Yes, you will continue to ear Greenbacks on the new MiGoals4Kids Account.