Fixed Deposit Account

Invest your money in a Fixed Deposit Account for a specific period of your choice and enjoy guaranteed returns. Apply online for an Electronic Fixed Deposit Account to get exclusive interest rates.

Zero

6.85–10.62

%

R1,000

End of term

What you get

Guaranteed capital at a fixed interest rate.

Choose a fixed investment term of 1 to 60 months.

Exclusive interest rates on Electronic Fixed Deposit Account.

Growth

Your capital is guaranteed.

You can earn anything between 6.20-8.05% monthly.

The higher your account balance, the more interest you’ll earn.

Rates and fees

Zero monthly fees.

No commissions charged.

Free stop orders from your Nedbank account.

Cash deposit fees may apply.

Access

The minimum amount for a withdrawal is R100.

You must give a 32-day notice to access your funds.

Flexibility

Additional deposits may be made from your Nedbank or any other transactional account.

You can choose to have your interest paid out monthly or add it to your investment for even better earnings.

Convenience and Control

Open your account easily online or on the Money app.

Track or manage your account any time on our digital banking channels.

For 24/7 digital banking assistance, chat to Enbi

Security

Free SMS alerts on all transactions.

Accept or reject withdrawals from your phone in real time.

Rewards and affinities

Redeem your Greenbacks as extra deposits into your investment account.

To move up a level and earn even more Greenbacks, simply increase your savings by R3,000 over 3 months, or maintain a balance of R100,000 across your savings portfolio.

You can also choose to donate your Greenbacks to support a Nedbank Affinity of your choice.

See frequently asked questions on Investment Products.

Ready to start investing?

Get started

Other accounts you may like

Electronic 32Day Notice

Open online and benefit from a higher interest rate with an electronic 32Day Notice investment account that gives you a secure way to manage and grow your money.

Zero

5.70–7.55 %

R250

32 days

Electronic OptimumPlus

Over 55? Secure your money with a once-off investment that's guaranteed to grow. Exclusive online interest rates!

Zero

6.35–10.25 %

R1,000

End of term

Platinum Fixed Deposit

Enjoy the returns of a fixed deposit account with easy access to your money when you need it.

Zero

6.35–10.25 %

R1,000

End of term

 See our product comparisons and disclosures here.

Not sure which product would be best for you? Let us help.

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