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Bank

Accounts

Bank your way with low fees and extra benefits.

Credit cards

Enjoy 55 days’ interest free credit and other benefits.

Digital banking

Bank on any device, from anywhere at anytime.

Switch to Nedbank

Move your salary and debit orders over easily.

Fraud awareness

Protect yourself against the latest schemes and scams.

Forex

For all your travel, international payments, and foreign currency investment needs.

Greenbacks

More rewards at every level as you spend and invest.
Back
Save & Invest

Accounts

Great interest rates and easy access to your money.

Investment services

Local and international wealth management solutions.

Share trading

All-in-one online trading or broker assistance.
Back
Borrow

Personal loans

Affordable loans and interest rates from R2k to R300k.

Home loans

Buy or build your home with up to 109% financing to cover bond and transfer costs.

Student loans

Nedbank offers full or part-time loans to students.

Overdrafts

Instant access to credit when you need it.

Vehicle finance

Easily apply for MFC vehicle finance in 5 steps.

Solar finance

Secure an affordable energy solution when in need.

Debt assistance

Debt management support when you need it the most.
Back
Insure

Life cover

Secure your family’s future with up to R2million.

Funeral cover

Cover for you and your family in the event of death.

Short term insurance

Car, building, house contents, valuables and more.

Credit Life

Bond, credit card, overdraft, loan and car repayments.

Travel insurance

Global travel insurance with 24-hr emergency assist.

Business cover

We have cover for small, medium or large businesses.

Secure investments

Guaranteed income and growth plans for future income.
Back
Plan

Financial planning

Achieve your financial goals with expert planning.

Estate, wills & trust services

We’ll help manage your assets, debts and estate planning.

Nedbank Private Wealth

Banking experience with customised solutions and rates.

Speak to a financial adviser

Our experts are ready to assist when you need them.
Back
Learn

Blog

Let our experts guide you on any financial matter.
Back
Contact us

Talk to us

We’re here to answer questions and resolve queries.

Find us

Find your nearest branch, ATM and currency exchange.
Back
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  • Consolidate all your debts into a simple loan | Nedbank
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  • Flexible payment plans for loans and credit | Nedbank
  • Understanding how repo rate works | Nedbank
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Children under the age of 16. 

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 select the document 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.

Alternatively, email your documents to digitalsupport@nedbank.co.za.

You can email your documents to digitalsupport@nedbank.co.za.

Your child will enjoy the following benefits:

  • Free SMS alerts in real time.
  • Zero monthly maintenance fees.
  • Free card swipes.
  • Free interaccount transfers and balance enquiries on digital channels.
  • Access to Penny Power financial education content.

 

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

The courier will arrange delivery of your child’s card. This will take between 3 to 5 business days. You can also arrange to pick up the card at a branch 

 

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

Kids Digital Banking puts safe and convenient banking in the hands of all children under the age of 16 by giving them access to the Money app where they can perform a limited set of transactions under the guidance of their parents.

By introducing digital banking from an early age, parents can teach their children about smart money choices, and empower them to build on their financial literacy for a brighter future.

Your child will be able to perform the following transactions with Kids Digital Banking:

  • Check their account balances

  • Buy prepaid data and airtime for cellphone numbers that have been loaded by their parents

  • Pay approved recipients that have been loaded by their parents 

  • Buy electricity for meter numbers that have been loaded by their parents

  • Track their spend and manage their budgets through My Smart Money

Only the parent whom the child’s account is linked to can initiate registration for Kids Digital Banking on the Money app.

The parent will need to register their child for digital banking using their own Money app

To qualify for Kids Digital Banking, your child must be under the age of 16, have a MiGoals4Kids Account, and have a smartphone of their own.  

To register your child for Kinds Digital Banking, you will need to have access to the Money app on your smartphone as well as a MiGoals4Kids Account of your own.

Children who use the Money app’s Kids Digital Banking feature will not be able to perform the following functions:

  • Add a beneficiary for payment

  • Add a cellphone number to buy prepaid data and airtime for

  • Make once-off payments

  • Buy lottery tickets or any other gambling products

  • Buy vouchers (this feature will be available in future releases)

  • Apply for credit

The parent has administrative rights to do the following:

  • Initiate the registration process from their Money app profile.

  • Toggle between their and their child’s profiles on the Money app. 

Once the parent has opened their child's profile, they will be able to do the following:

  • Add beneficiaries for payments on their child's profile.

  • Add cellphone numbers that can be loaded with prepaid data and airtime on their child's profile.

  • Add electricity meter numbers that can be loaded with prepaid electricity.

  • Deregister their child's profile from Kids Digital Banking.

 

To load beneficiaries on your child’s MiGoals4Kids Account, a parent will first need to switch from their own profile on their own Money app to their child’s profile.

Once loaded, the registered child will be able to make payments and buy prepaid data, airtime and electricity only for cellphone numbers and electricity meter numbers that have been loaded to their profile by their parent.