Things to know before you apply for a Private Pay-as-you-use account

You need to be 18 years or older. Not available to trust, companies or legal entities

You need to live in South Africa and have a valid South African ID or a valid passport and work permit

No minimum income requirement. Recommended for individuals who earn at least R750,000 a year

All credit facilities are subject to credit and affordability checks

Documents you’ll need

Your valid South African ID or a valid passport and work permit
Your payslips or stamped bank statements for the past 3 months
Proof of residence like an electricity bill (not older than 3 months)

Refugees and asylum seekers can follow this guide when opening a Nedbank account

Ways to open your account

Use the Money app
Use Online Banking
Start online, complete in branch
Get a call back

 

New to Nedbank? Create your Nedbank ID on the Money app or on Online Banking before you apply.

Already a Nedbank customer? Log in and apply