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What you get
A fixed term of your choice between 1 and 60 months
Higher returns, depending on the size of your investment
Available online or on the Money app at a special interest rate
Growth
Your capital and earnings are guaranteed.
You can earn anything between 7.40% and 9.15% monthly.
If you choose to have your interest paid at maturity, you'll stand to earn up to 11.54%.
The bigger your investment, the higher your returns.
Rates and fees
Zero monthly fees.
No commissions charged.
Access
This account is exclusive to clients aged 55 years and older.
Once invested, your money becomes available at the end of your selected term.
No additional deposits or withdrawals may be made.
This account is available for use on our digital banking channels only and offers even more competitive interest rates.
Flexibility
You can choose to have your interest paid out monthly, every 3, 6 or 12 months, or on maturity.
Convenience and Control
Security
Free SMS alerts on all transactions.
For added security, you can accept or reject withdrawals from your phone in real time.
Affinity contributions
As an added benefit, you can choose a Nedbank affinity to support at no cost to you.
Ready to invest?
Get startedOther accounts you may like
Electronic 32Day Notice
Apply 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
6.45 – 8.30 %
R250
32 days
Electronic Fixed Deposit
Invest a lump sum over a fixed term of your choice and enjoy great gains. Available on our digital banking channels only.
Zero
7.10–10.62 %
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
7.70–11.54 %
R100,000
End of term
See our product comparisons and disclosures here.
