Youth Savings Account

For secure online purchases, free card swipes at any store, and easy digital banking from your phone or computer, get a Youth Savings account.

Zero

  • Enjoy 2 free cash withdrawals at any Nedbank Lesotho ATM

  • Make 1 free cash deposit at the branch or ATM every month

  • Earn credit interest on the money you have saved in your bank account every month

 

It's the bank account you deserve

 

Save money and set yourself up for success with an affordable bank account that rewards you with cashback as you bank. Earn credit interest on your positive account balance every month. It's our way of helping you stretch your money as you spend and save.

There is no minimum opening amount required.

Digital ways to bank

We know that money doesn't sleep. That's why we've got you covered with 24/7 access to your account. Enjoy safe and secure ways to bank anytime, from anywhere on the Nedbank Money app, Online Banking or cellphone banking service.

We also offer quick and easy ways to send and receive money when queuing at a shop or branch is not an option for you.

Ready to apply for a Youth Savings Account?

Get in touch

To open a Youth Savings Account

You must be a Lesotho resident

You must be 16 years or younger, or be the parent of a child who is

You must provide proof of income of the parent or legal guardian who is making the application on behalf of the child.

No minimum income is required for a youth account

Documents you'll need

A valid Lesotho passport or identity document
A parental consent form and birth certificate, or a letter from the Master of High Court if the child is an orphan
Proof of residence
Proof of income

Ways to open a Youth Savings Account

Apply online

Apply online

Leave us a message and we'll get in touch to complete your application.

Get in touch
Visit a branch

Visit a branch

For in-person assistance, visit your nearest Nedbank branch and our friendly employees will help you open your account easily.

Find a branch
Give us a call

Give us a call

Call our call centre and we'll help you open your bank account.

Contact us