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What you get
Unlimited withdrawals and deposits
The higher your savings, the more interest you’ll earn
Funeral cover option for members between the ages of 18 and 65
Growth
Your savings are secure and earnings are guaranteed.
You'll earn more interest as your money grows.
You may earn interest between 3.75 - 5.50% monthly.
Rates and fees
Zero account maintenance fees.
Free stop orders from your Nedbank account.
Free deposits at Nedbank ATMs
Teller cash deposit fees will apply.
Access
You’ll have instant access to your money when you need it.
The minimum amount you can withdraw is R100.
Flexibility
You can make additional deposits directly from your Nedbank or other bank account.
Convenience and Control
View and retrieve statements from your account directly on the Money app.
Security
You’ll need a minimum of three signatories to open the account.
At least two of your signatories must be present when doing certain transactions.
Rewards and affinities
Clients who have taken up funeral cover and make a minimum deposit of R1,000 into their account every month from January to October qualify for certain rewards at the end of the year.
Nedbank + Group Savings Account: A winning combo
Members who have a Nedbank MiGoals account can enjoy the following everyday-banking benefits:
- Maintenance fees at R7 p/m
- Unlimited free card swipes
- Value-added data, airtime and other prepaid purchases (charged per transaction).
- Access to the Money app, Online or Cellphone Banking at any time of day.
- Free 3-month bank statements
- Greenbacks Rewards membership at R32 p/m
Open a Group Savings Account
Get startedOther accounts you may like
32Day Notice
Enjoy above-average interest rates that get higher as your money grows. A great way to invest your personal or small-business funds.
Zero
5.70–7.05 %
R250
32 days
JustSave
A day-to-day savings account with competitive interest rates and immediate access to your funds. Designed to complement your everyday transactional-banking account.
Zero
5.75 – 7.00 %
R0
Immediate
Tax-free Savings
Save your money and enjoy the proceeds tax-free. No strings attached, no pain, all gains.
