What you earn on your
Money Market Account
Balance |
Nominal rate p/a* |
|---|---|
0% |
|
4.00% |
|
4.35% |
|
4.45% |
|
4.75% |
|
5.25% |
What you earn on your
GoBanking Account
Balance |
Nominal rate p/a* |
|---|---|
1.45% |
|
1.50% |
|
3.05% |
|
4.50% |
|
4.50% |
|
5.05% |
|
5.15% |
|
5.30% |
|
5.40% |
|
5.50% |
What you earn on your
Optimum Savings Deposit
Balance |
Nominal rate p/a* |
|---|---|
0.32% |
|
0.37% |
|
0.37% |
|
0.37% |
|
1.60% |
|
1.75% |
|
1.75% |
|
1.75% |
|
1.75% |
|
2.75% |
What you earn on your
Nedbank4me (NedSave and CA)
Balance |
Nominal rate p/a* |
|---|---|
3.25% |
|
3.25% |
|
3.25% |
|
3.25% |
|
3.25% |
|
3.25% |
|
3.25% |
What you earn on your
N5000 Bank Account for individuals
Balance |
Nominal rate p/a* |
|---|---|
0.00% |
|
1.75% |
|
1.75% |
|
1.75% |
|
2.00% |
|
2.00% |
|
3.75% |
|
3.75% |
What you earn on your
Savings Deposit Account
Balance |
Nominal rate p/a* |
|---|---|
0.32% |
|
0.38% |
|
0.38% |
|
1.50% |
|
1.60% |
|
1.75% |
|
1.75% |
|
1.75% |
|
1.75% |
|
2.75% |
What you earn on your
Optimum Bank Account
Balance |
Nominal rate p/a* |
|---|---|
0.00% |
|
0.00% |
|
0.00% |
|
0.35% |
|
1.85% |
|
1.75% |
|
1.75% |
|
1.75% |
|
1.75% |
|
2.75% |
Your credit card interest rates
Last published on 21 November 2025 in line with the South African repo rate.
Nedbank Credit cards
Product |
Interest rate |
|---|---|
20.75% |
|
From 18.90% to 20.75% |
|
20.75% |
Nedbank Greenbacks Credit cards
Product |
Interest rate |
|---|---|
20.75% |
|
From 18.90% to 20.75% |
Amex Credit cards
Product |
Interest rate |
|---|---|
From 20.15% to 20.75% |
|
From 19.90% to 20.75% |
|
From 15.25% to 20.75% |
|
18.50% |
SAA Voyager Credit card
Product |
Interest rate |
|---|---|
20.75% |
Go Banking Credit cards
Product |
Interest rate |
|---|---|
20.75% |
|
20.75% |
|
20.75% |
|
20.75% |
* Nominal rate per annum : This is the annualised interest rate that you will earn daily and is capitalised monthly. This rate does not take into account the compounding interest effect.
Annual Effective Interest rate : Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn.
Transparent rate and fee structures
We use plain, simple language, because we’re committed to making our rate and fee structures clear and easy to understand. The 2026 pricing guide for discontinued accounts can be found here.
You can also find a guide on fee terms used here.
Bank digitally and save on fees
Bank whenever, wherever with our digital banking tools that are secure and cheaper than visiting a branch or ATM. Find the channel that fits your lifestyle.
Ask our bank fees specialists
If you have any questions about fees, call the Nedbank Contact Centre where our fees specialists will help you.
Call 0860 555 111
Ombudsman for Banking Services
If you are not happy with our service and have followed our complaint’s procedure but are still not satisfied, you can contact the Ombudsman for Banking Services.
Call 0860 662 837
Visit obbsa.co.za
Income tax
During tax season, SARS requires you to submit an income tax return (ITR12). We will provide a tax certificate IT3(b) and/or IT3(s) for your investment account for each tax year, on or before the end of June to enable you to complete your tax return.
An IT3(b) will give you a summary of any interest and dividend, both local and foreign, that you would have earned by having money invested.
Should you have a Tax-Free Savings Account with us, you will also receive IT3(s). This certificate will give you a summary of all the details about your Tax-Free Savings account such as interest and dividends.
You will need these certificates for when you complete your Tax Return.
We will provide one free tax certificate each year.