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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.

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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.

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

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Back
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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.

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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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Secure affordable renewable energy while helping South Africa shift to green energy.
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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.

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

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Is your business covered?

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Need to resume your application?
Need to resume your application? Apply

Nedbank Moneytrader account promotion

Terms and conditions 

 

1. Promoter

Nedbank Limited, registration number 1951/000009/06 (we, us, our), runs this promotion. We reserve the right to make it available to certain clients only.

 

2. Promotion period

The promotion starts on 1 December 2022 and ends on 31 January 2024 (promotion period).

 

3. Participants

3.1 A participant (you, your) must:

3.1.1 be 18 years or older; and

3.1.2 have a valid South African identity document; or

3.1.3 be a juristic person.

 

4. Offer

You can earn a preferential nominal interest rate of up to 8,25% on a Nedbank MoneyTrader Account for three months.

 

5. How to qualify

5.1 To qualify for the offer you must do the following during the promotion period:

5.1.1 Open a Nedbank MoneyTrader Account and pay at least R50 000 into this account.

OR

5.1.2 Convert your existing Nedbank 24-hour notice deposit account (excluding Nedbank Tax-free Savings Accounts) to or reinvest your maturing Nedbank investment into a Nedbank MoneyTrader Account. The conversion or reinvestment must be a minimum of R50 000 into your Nedbank MoneyTrader Account.

 

6. How it works

If you qualify for the offer, the following will apply:

6.1 You will receive the offer only after we have verified and confirmed your details, including your compliance with these terms and conditions.

6.2 The preferential nominal interest rate will apply for three months from the date you pay the money into your Nedbank MoneyTrader Account.

6.3 After three months, the standard interest rate will apply.

6.4 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.

6.5 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.

6.6 We reserve the right to replace the offer at any time with another of similar commercial value.

 

7. General

7.1 All information about this promotion, including information that is published on any promotional material, is part of these terms and conditions.

7.2 By participating in the promotion, you agree to be bound by these terms and conditions.

7.3 These terms and conditions are available on our website at nedbank.co.za throughout the promotion period.

7.4 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.

7.5 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 only in line with South African consumer and data protection laws.

7.6 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.

7.7 We or our directors, employees, agents or suppliers will not be responsible for any direct or indirect loss, damage or costs resulting from your participation in the promotion.

 

8. More information

For more information about the promotion, call the Nedbank Contact Centre on 0800 555 111.