Things to know before you apply for a Private Young One account

You need to be between the ages of 18 and 29. 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. However, this bundle is subject to the approval of a R2,000 minimum credit facility

Minimum 4 year degree or 3 years plus Honours (NQF level 8 equivalent)

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

Open your account now quick and easy

Apply online

Download Money app

Use Online Banking

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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