Instant credit. Tailored interest rates.


An overdraft offers you instant credit that is added to your bank account. Take care of emergencies or top up your monthly budget during those tight moments between paydays with up to R250,000, available whenever you need it.


See terms and conditions.

No need to open a separate account or get an extra card.

The extra money stays available in your bank account.

You’ll be charged interest on only the portion you use.

You can take out credit life insurance on your overdraft.



Alt Text

How it works

If you already have a Nedbank account, you can apply for an overdraft on the Money app or Online Banking. You can also choose one when you open your account for the first time. Once your overdraft has been set up, you can increase or decrease its limit anytime on our digital banking channels.

Qualifying accounts

Savvy Bundle Paltinum card
Savvy Bundle Platinum
Cheque account

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

Monthly fee tooltip text
R220 p/m
Savvy gold plus banner
Savvy Plus Gold
Cheque account

Save on fees. Get this money-smart account that takes care of your basic banking needs with the option to add more benefits when you need them.

Monthly fee tooltip text
R115 p/m
Pay as you use banner
Cheque account

Pay only for what you use and nothing more with a Nedbank Pay-as-you-use account.

Monthly fee tooltip text

Get started and apply online

Get started

Other loan solutions

Personal loans

Loans from R2,000 up to R300,000. Get a personalised in

Find out more
Credit Cards

Spend on your credit card and get up to 55 days interes

Find out more

Learn more about loans

When loan consolidation makes sense

Are you drowning in a sea of debit orders each month that leaves you stressed and disoriented? You’re not alone.

3 ways to reap the benefits of record-low repo rates

The SARB cut the repo rate to 3,50% in 2020, the lowest it’s been since 1973.

Calculate the total cost of your loan

A personal loan sounds like a great way to buy today what you can only afford tomorrow. After all, why save until next year for that dishwasher, if you can buy it on special today?

Help and support

Download the Nedbank Money app

A secure and convenient way to manage your money, apply for accounts and loans, and even buy gift and prepaid vouchers.

Learn more
apple google huwaei

Scan the code to download the app