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Mzansi Account

A simple, safe and affordable bank account for all South Africans.

The Mzansi Account is a transactional account that is easy to use and simple to understand.

The product provides clients with the following:

  • A safe alternative to carrying cash
  • An affordable bank account that provides instant and convenient access to your money
  • The freedom to pay only for what you use
  • Earn interest on money in your account
  • Save money with no monthly maintenance fees and no additional (Saswitch) fees when drawing cash at other banks' ATMs.

Who is this account for?

Previously unbanked individuals who are 16 years old and above who meet the products account opening requirements. The account is suitable for individuals who require a straightforward transactional account with an uncomplicated fee structure.


  • No monthly account maintenance fees.
  • Free access to all self-service banking options (cellphone, internet, sms and telephone banking).
  • First cash deposit of every month free at any Nedbank branch or ATM.
  • Free unlimited cheque deposits.
  • One free balance enquiries at Nedbank branches.
  • One free statement enquiry per month at a Nedbank ATM.
  • One free statement per month at a Nedbank Self-service terminal.

    • This account offers you:

      • A Mzansi debit card, which you can use to buy goods at tillpoints and to draw cash from ATMs, Pick 'n Pay tillpoints and Post Office counters, making it safer than carrying cash around.
      • Free access to Personal Money Manager, an online budgeting tool for internet banking users that allows you to track your income, expenditure and fees on your account. (OPTIONAL)
      • The option to top up your airtime at a Nedbank ATM or via SMS.
      • The opportunity to earn extra money (interest) on the positive balance in your account

       We have compiled a list of quick links to
       help you find your way quicker.
      New Prices!

      Who can get it
      • Anyone over the age of 16 years.
      • South African citizens.

      Note: No minimum salary is required. Not available to trusts, companies or legal entities. 

      Click here to see the rates & fees pages on this account.
      Click here to go to Nedbank's Bank Fees Calculator and check if this account suits your banking needs.

      What you need to open this account
      Take the following with you when you apply:
      • Your green bar-coded SA identity document.
      • A minimum deposit of R20.

      How to apply
      Click here to apply online now.
      Alternatively visit your nearest Nedbank branch or call 0860 NEDBANK (633 2265).

      Want to know more?
      Talk to one of our bankers or call 0860 555 111.Pricing at 1 January 2010.
      E&OE (errors and omissions excepted).

      Nedbank Ltd Reg. No 1951/000009/06. Authorised financial services and registered credit provider (NCRCP16).

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