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What you get
Enjoy guaranteed returns at a fixed interest rate
Make up to 2 withdrawals with no impact on your interest rate
The higher your balance, the more interest you’ll earn
Growth
Your capital and earnings are guaranteed.
You can earn anything between 5.90% and 7.25% monthly.
The bigger your account balance, the higher your returns.
Rates and fees
Zero monthly fees.
No commissions charged.
Access
You can access your funds within a minimum of 24 hours.
You can make up to two withdrawals of R1,000 or more with no impact on your interest rate.
Your withdrawals may not exceed 50% of the original investment amount.
Flexibility
You can choose to have your interest paid out monthly, every 3, 6 months, or on maturity.
At the end of your term you’ll be able to reinvest your funds on the app or Online Banking.
Convenience and Control
Security
Free SMS alerts on all transactions.
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
MoneyTrader
Earn interest at a rate of up to 8,25% for the first three months if you open, switch to or reinvest your money in a MoneyTrader Account. Offer ends 31 December 2024. T&Cs apply.
Zero
7.80 – 8.25 %
R50,000
Min 24 hours
Tax-free Fixed Deposit
Invest from as little as R1,000 and pay zero tax on what you earn. Guaranteed.
Zero
8.05 – 8.89 %
R1,000
End of term
PrimeSelect
Get all the benefits of a fixed term deposit, with the option to withdraw from or add to your account whenever you choose to.
