Zero monthly fees

 

Each month you get

• Instant access to your money with no notice period required

• Zero monthly fee and no minimum account balance requirements

• Free inter-account transfers using our digital banking channels

• Access to electronic payments

• Use the goal savings calculator to reach your savings goals

Interest rates

3.75%

2.75%

Transaction fees

R10

-

-

R49

-

-

R5

-

-

R19

-

-

R19

-

-

Free

Free

R165

R2.20

-

R165

R2.20

-

R165

R10

-

-

R15

-

-

R1.50

-

-

R1.50

-

-

Free

-

R165

R10 per SMS

-

-

R40

-

-

 

We reserve the right to vary any fee, cost or charge at any time and from time to time after giving reasonable notice.

 

Notes

1.  Self-service channels include Cellphone Banking, Online Banking, the Nedbank Money app and in-branch self-service kiosks.

2.  Send money quickly and securely to any South African cellphone.

3.  We charge a dishonouring fee when we can’t process a payment on your account because there is not enough money in the account.

4.  The No-funds Alert SMS will help you avoid this fee by letting you know that there is not enough money and giving you the opportunity to put money in your account. The SMS costs R10. For more information, please visit nedbank.co.za

 

 

Transparent fee structures

We use plain, simple language, because we’re committed to making our fee structures clear and easy to understand.

See fee terms

Bank digitally and save on fees

Bank whenever, wherever with our digital banking tools that are secure and cheaper than visiting a branch or ATM. Find the channel that fits your lifestyle.

Learn more

Ask our bank fees specialists

If you have any questions about fees, call the Nedbank Contact Centre where our fees specialists will help you.  

Call 0800 555 111.

Ombudsman for Banking Services

If you are not happy with our service and have followed our complaint’s procedure but are still not satisfied, you can contact the Ombudsman for Banking Services.

Call 0860 662 837

Visit obbsa.co.za