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Back
Bank

Accounts

Bank how and when you choose to, with the low fees or extra benefits you want.

Credit cards

Shop online or instore and earn rewards for it, with up to 55 days interest-free credit.

Digital banking

Enjoy anytime-anywhere banking from your computer, cellphone or tablet.

Switch to Nedbank

See the quick and paperless way to switch your salary or debit orders.

Fraud awareness

Protect yourself against the latest schemes and scams.

Forex

Buy foreign banknotes, transfer funds or shop globally with a travel card.

Rewards

Manage your money like a pro and get rewarded. Epic deals, discounts and more.
Back
Save & Invest

Accounts

Great interest rates, with great flexibility and access to your money when you need it.

Investment services

Access the best in local and international wealth management solutions.

Share trading

Everything you need to trade online, or with the help of an experienced broker.
Back
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Personal loans

Personalised interest rates for affordable loans from R2,000 to R300,000.

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Loan up to 100% of the property value or up to 105% if you are a first-time home buyer.

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Unlock your potential with a full- or part-time student loan from Nedbank.

Overdrafts

Add an overdraft to your account for instant access to credit when you need it.

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Planning on buying a car? Easily apply for MFC vehicle finance in 5 steps.

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Secure affordable renewable energy while helping South Africa shift to green energy.
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Up to R2 million life cover to take care of your family when you no longer can.

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Choose a plan for yourself, family or build your own cover to suit your needs.

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Get cover for your car, building, house contents, valuables and more.

Credit Life

Cover your bond, credit card, overdraft, loan and car repayments.

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International travel insurance with free 24-hr emergency assistance.

Is your business covered?

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Choose a plan for yourself, family or build your own cover to suit your needs.
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Take the right steps to achieve your financial goals with expert financial planning.

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Plan for everything you own and owe, so your estate is in order when you’re gone.

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Get the private wealth banking experience with customised solutions and rates.

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An overdraft is a revolving credit facility, limited to between R500 and R250,000 and conveniently linked to your current account, giving you access to extra money when you need it.

An overdraft is an ongoing credit facility with no fixed repayment terms. A personal loan has a fixed term and a specific repayment amount that you must pay every month during the term. A personal loan is typically intended for a specific purpose, while an overdraft is usually for unforeseen expenses.

An overdraft is linked to your transactional (savings or current) account, so you don’t need to open another account. The extra money is available when your account balance reaches zero and the money is available whether you use it or not. 

No. You only have to pay interest on the overdraft amount that you have used.

You can apply for an increase on your overdraft facility using the Money app or Online Banking, or you can visit a branch. 

You can apply for an overdraft if you have a Nedbank transactional (current or savings) account, and your salary is paid into this account. You can also choose to add an overdraft when applying for a qualifying Nedbank account on the Money app or Online Banking.

An overdraft is there if you need access to money to pay for unplanned expenses. 

If you miss any of your repayments, you will have to pay extra charges, collection costs and interest.