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
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?
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See our product comparisons and disclosures here.