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Bank

Accounts

Bank your way with low fees and extra benefits.

Credit cards

Enjoy 55 days’ interest free credit and other benefits.

Greenbacks

More rewards at every level as you spend and invest.

Digital banking

Bank on any device, from anywhere at anytime.

Switch to Nedbank

Move your salary and debit orders over easily.

Fraud awareness

Protect yourself against the latest schemes and scams.

Forex

For all your travel, international payments, and foreign currency investment needs.
Back
Save & Invest

Accounts

Great interest rates and easy access to your money.

Investment services

Local and international wealth management solutions.

Share trading

All-in-one online trading or broker assistance.
Back
Borrow

Personal loans

Affordable loans and interest rates from R2k to R300k.

Home loans

Buy or build your home with up to 109% financing to cover bond and transfer costs.

Student loans

Nedbank offers full or part-time loans to students.

Overdrafts

Instant access to credit when you need it.

Vehicle finance

Easily apply for MFC vehicle finance in 5 steps.

Solar finance

Secure an affordable energy solution when in need.

Debt assistance

Debt management support when you need it the most.
Back
Insure

Life cover

Secure your family’s future with up to R2million.

Funeral cover

Cover for you and your family in the event of death.

Short term insurance

Car, building, house contents, valuables and more.

Credit Life

Bond, credit card, overdraft, loan and car repayments.

Travel insurance

Global travel insurance with 24-hr emergency assist.

Business cover

We have cover for small, medium or large businesses.

Secure investments

Guaranteed income and growth plans for future income.
Back
Plan

Financial planning

Achieve your financial goals with expert planning.

Estate, wills & trust services

We’ll help manage your assets, debts and estate planning.

Nedbank Private Wealth

Banking experience with customised solutions and rates.

Speak to a financial adviser

Our experts are ready to assist when you need them.
Back
Learn

Blog

Let our experts guide you on any financial matter.
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A dormant bank account is one where no client-initiated credit or debit transactions are made for a period, normally 180 days but subject to your account type.

 

 

We will place a hold on your account, which means you won't be able to use it to pay for goods or services or withdraw funds.  
 
Fees will continue to be charged on your account until it is closed.

If your account balance is less than R50 000, you can quickly and easily reactivate your account on the Money App by following the steps:

  • Select your inactive account from the dashboard.
  • Tap Activate.
  • If your account has a negative balance, you will need to deposit money into the account to make the balance R0. 
  • Then tap Confirm to activate your account.
  • You will then see a message on the app and receive an SMS on your registered cellphone number to confirm that your account has been reactivated successfully.

Or call the Nedbank contact centre on 0800 555 111.

 

If your account balance exceeds R50 000 you would need to visit your nearest branch with your ID document.

Once your account has been dormant for 2 years, we will automatically close your account. If you had a positive balance in your account, these funds will be moved to unclaimed balances, and you can claim these at any time.

Find out how to claim unclaimed funds.