Green Edge benefit cashback
Promotion terms and conditions
1. The promoter
Nedbank Limited, registration number 1951/000009/06 (we, us, our), runs this promotion. We reserve the right to make it available to qualifying clients only.
2. Promotion period
The promotion starts on 17 November 2025 and will run until we withdraw it (promotion period).
3. Who can and cannot participate in the promotion
3.1 A participant (you, your) must:
3.1.1 be a natural person;
3.1.2 be 18 or older;
3.1.3 have a valid South African ID; and
3.1.4 reside in South Africa.
3.2 The following people may not participate in the promotion:
3.2.1 Our employees (including temporary and contract employees), associated companies, agents, contractors, and sponsors.
3.2.2 People who are taking out further loans, readvances, endorsements, or applying to restructure their home loan, people who are switching loans (loans from other financial institutions), people who are taking up our renewable-energy finance offering, and people who are buying vacant land, Nedbank-owned property, or property through Nedbank-assisted Sales.
4. The offer
If you take up our home loan offer, meet the qualifying criteria, and comply with all the terms and conditions, you could get a cashback reward to spend as you want. We will provide the details to you in your quote.
5. How to qualify for the offer
5.1 To qualify for the offer, the following applies:
5.1.1 The property must be a residential property in a new development that meets recognised green‑building standards and are approved by us.
5.1.2 The property must be purchased directly from the developer.
5.1.3 The total loan amount you take up must be between R500 000 and R7.5 million.
5.1.4 The home loan term must be longer than 240 months (20 years).
5.1.5 You must pay your monthly home loan instalment by debit order, and your debit order must be in place before the money can be paid out.
6. When you do not qualify for the offer
You will not qualify for the offer if you choose to retain the Green Edge benefit interest rate discount on your home loan. You can receive only 1 Green Edge benefit at a time.
7. How the offer is given out
7.1 If you qualify for the offer, the following applies:
7.1.1 You will receive the offer only after we have verified and confirmed your details, including your compliance with these terms and conditions.
7.1.2 You will receive the offer on your quote, and you will have an option to accept the offer. If you do not accept the offer, the Green Edge benefit interest rate discount will apply.
7.1.3 Once the property has been registered in your name at the deeds office and your first instalment has been paid, we will pay the cashback amount into the account used for the home loan debit order. No other account details will be accepted.
7.1.4 We will not be responsible for any technical failures affecting your participation in the promotion or if your entry has been left out from participation.
7.1.5 If a dispute arises, our decision will be final and binding on all aspects of the promotion, and we will not discuss the matter further.
7.1.6 All costs or expenses relating to the offer that have not been mentioned here are excluded.
7..1.7 We will not be responsible for any delays in your taking up the offer.
7.1.8 We will not be responsible for any additional conditions that third parties impose.
7.1.9 We will give the offer directly to you and not to anyone else.
7.1.10 We will not be liable for delays or failure to deliver any part of the offer resulting from acts beyond our reasonable control. We will let you know as soon as reasonably possible if the offer is affected in this way.
7.1.11 We reserve the right to replace the offer at any time with another of similar commercial value.
8. General
8.1 If you choose to close your account before completing the agreed cashback term, a pro-rated portion of the cashback you received will be included in your settlement amount.
8.2 All information about this promotion, including information that is published on any promotional material, is part of these terms and conditions.
8.3 By participating in the promotion, you agree to be bound by these terms and conditions.
8.4 These terms and conditions are available on our website at nedbank.co.za throughout the promotion period.
8.5 We may ask you to consent in writing to endorsing, promoting, and advertising any of our services, without payment. If you decline our request, you will still receive the offer.
8.6 By entering and participating in this promotion, you acknowledge that your personal information needed for the promotion will be shared with us and our agents, but only to the extent necessary for this promotion. Your personal information will be used in line with South African consumer and data protection laws.
8.7 We may extend, shorten, or cancel the promotion immediately and without notifying you if it is permitted by law, if we must do so by law, or for reasons beyond our control. If this happens, you will give up any rights that you may have in terms of this promotion, and you will have no recourse against us or our agents, contractors, or sponsors as a result of the extension, shortening or cancellation.
8.8 We or our directors, employees, agents, or suppliers will not be responsible for any direct or indirect loss or damage resulting from your participation in the promotion, or for any accident, injury, harm, costs, or death that you or any other person who participates in the offer sustains at any point during the fulfilment of the offer.
9. More information
For more information about the promotion, call us on 0800 555 111.