Tax-free Savings Account

Save your money and enjoy the proceeds tax-free. No strings attached, no pain, all gains.

Zero

2.00 – 3.75

%

R500

Min 24 hours

What you get

Earn higher interest rates as your money grows

Access your money within a minimum of 24 hours

Save up to R36,000 a year and R500,000 over a lifetime, tax free

Growth

Your capital and earnings are guaranteed.

You can earn anything between 2.00% and 3.75%.

The bigger your account balance, the higher your returns.

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 you can withdraw is R50.

You’ll need to give a minimum of 24 hours’ notice for each withdrawal that you make.

Flexibility

You can make additional deposits of R100 or more at any time.

Your deposits may be paid directly from your Nedbank or other transactional account.

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

We offer 24/7 support from our Live Chat or tollfree call centre.

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 started

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