The MiGoals Plus and MiGoals Premium account (referred to as 'transactional accounts').

Any client that takes up a Nedbank Personal Loan or MFC vehicle finance and a transactional account through one of our channels. You will also qualify if you already have a personal loan or MFC vehicle finance and take one of our qualifying transactional accounts as well as if you already have an inactive transactional account and take a new Nedbank Personal Loan or MFC vehicle finance (terms and conditions apply). 

For the duration of your linked personal loan or MFC vehicle finance. For example, if you have taken a new personal loan for 24 months, you will receive the R200 cashback for 24 months, if you meet the qualifying terms and conditions.

This offer is limited to one personal loan credit agreement. If you have multiple personal loan credit agreements with Nedbank, you can choose which personal loan credit agreement this offer will be applied to.

Qualifying terms and conditions:

• You must open a MiGoals Plus or Premium transactional account, after you have taken up a personal loan or MFC vehicle finance. You can apply for your  new transactional account on the Money app, Online Banking, digitally, at a Nedbank branch or through the Nedbank Contact Centre agent.
• You must pay your instalment for your loan via a debit order from your transactional account every month.
• You must deposit your main income into your MiGoals Plus or Premium account every month.​
• You must download and use the Money app or Online Banking at least once every month.

You must meet the qualifying terms and conditions set out above within 60 days from the date of opening your new MiGoals Plus or MiGoals Premium transactional account or if you already have a transactional account.

You will not receive the R200 if:

• you close your transactional account;
• you cancel your debit order;
• your debit order is returned unpaid for any reason;
• you do not switch your salary or do not make the monthly R5,000 deposit into your transactional account;
• you do not download and use the Money app or Online Banking once a month; or
• your loan is no longer in good standing, which means that the account must not be in arrears or default or be subject to any legal status or process that includes legal collections or recoveries.

If you settle your loan (personal or MFC vehicle finance) early and simultaneously take up another loan, you will continue to receive this offer, but only for the remaining period in terms of the first loan agreement. If you do not take up another loan agreement, this offer will be terminated immediately, without any notice given to you.

If you restructure your loan agreement and extend the term, you will receive the R200 for the original term only and not for the portion of the extended term.

This offer is available to clients that do not have a MiGoals Plus or MiGoals Premium transactional account and to clients that have an inactive MiGoals transactional account only. If you already have a MiGoals transactional account and are using the account, then you will not qualify for the offer.