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Interest   Rates.






 
Rates effective from 23 July 2014. Rates are subject to confirmation on receipt of funds/renewal of the investment by Nedbank.

 

 Credit Card: Debit Interest Rates  
Credit Card: Debit Interest Rates  
Products   Interest Rate         
Nedbank Unembossed   22.65%  
Nedbank Dezign   22.65%   
Nedbank Garage   18.65%  
Nedbank Greenbacks Classic   18.90%  
Nedbank Greenbacks Gold   18.65%  
Nedbank Greenbacks Platinum   16.65%  
Nedbank Classic   18.90%  
Nedbank Gold   18.65%  
Nedbank Visa Platinum   16.65%  
Amex Blue Credit   17.90%  
Amex Gold Credit   17.65%  
Amex Platinum Charge   15.75%  
Amex Gold Charge   16.00%  
Amex Corporate and Business Charge Card   14.25%  
Nedbank Business Classic Credit   18.65%  
Nedbank Business Gold Credit   18.65%  
Small Business Credit Card   17.65%  
Nedbank Corporate Classic Credit   16.25%  
Nedbank Corporate Gold Credit   16.25%  
Nedbank Procurement   16.25%  
Nedbank Cash/Rewards Revolve Cards   17.65%  
SAA Voyager Classic   18.90%  
SAA Voyager Gold   18.65%  
SAA Voyager Premium   13.00%  
Go Banking Classic & Gold   22.65%  
Go Banking Unembossed   22.65%  
Amex Platinum Credit   13.00%  
 
 Nedbank MoneyTrader  
Money Market account linked to market conditions. Minimum R50 000..  
Balance   Nominal p.a.         
< R50 000   0.00%  
R50 000 - R99 999   5.75%  
R100 000 - R249 999   5.75%  
R250 000 - R499 999   5.75%  
R500 000 - R999 999   5.75%  
R1 million +   5.75%  
 
 Nedbank Green Savings Bonds  
18, 24, 36 or 60 month deposits, for clients less than 60 years of age.  
Balance   Period of Investment   Interest Monthly   Interest Half-yearly   Interest on Expiry  
R1 000 or more   18 months   6.76%   6.85%   7.09%  
   24 months   7.05%   7.15%   7.54%  
   36 months   7.29%   7.40%   8.12%  
   60 months   7.87%   8.00%   9.60%  
 
 Nedbank Seniors Green Bond  
18, 24, 36 or 60 month deposits, for clients 60 years and older  
Balance   Period of Investment   Interest Monthly   Interest Half-yearly   Interest on Expiry  
R1 000 or more   18 months   6.85%   6.94%   7.19%  
   24 months   7.15%   7.25%   7.66%  
   36 months   7.40%   7.51%   8.25%  
   60 months   8.00%   8.13%   9.79%  
 
 JustInvest  
Money market deposit account  
Balance   Nominal p.a.         
< R5 000   0.00%  
R5 000 - R9 999   4.25%  
R10 000 - R19 999   4.75%  
R20 000 - R49 999   5.25%  
R50 000 - R99 999   5.25%  
R100 000 - R249 999   5.35%  
R250 000 - R499 999   5.40%  
R500 000 +   5.50%  
 
 EasyAccess Deposit  
3, 6, 12 or 18 month deposit, with 50% access to your capital. Rates are quoted on a per annum basis. A balance of R2000 or more is required.  
Period of Investment   Interest Monthly   Interest Quarterly   Interest Half-yearly   Interest on Expiry  
3 months   5.50%   5.52%  
6 months   5.85%   5.87%   5.92%  
12 months   6.40%   6.43%   6.48%   6.59%  
18 months   6.60%   6.63%   6.69%   6.91%  
 
 StepUp Deposit   
Rates below are based on a scenario where Prime remains constant over the 36 month period of investment.
Any changes to Prime will be effective immediately and will impact the rates reflected below.   
   Prime   Prime Minus %   Prevailing Rate   Quarterly Increment  
Quarter 1    9.25%   3.35%   5.90%  
Quarter 2   9.25%   3.25%   6.00%   0.10%  
Quarter 3   9.25%   3.15%   6.10%   0.10%  
Quarter 4   9.25%   3.05%   6.20%   0.10%  
Quarter 5   9.25%   2.95%   6.30%   0.10%  
Quarter 6   9.25%   2.85%   6.40%   0.10%  
Quarter 7   9.25%   2.75%   6.50%   0.10%  
Quarter 8   9.25%   2.65%   6.60%   0.10%  
Quarter 9   9.25%   2.55%   6.70%   0.10%  
Quarter 10   9.25%   2.45%   6.80%   0.10%  
Quarter 11   9.25%   2.35%   6.90%   0.10%  
Quarter 12   9.25%   2.25%   7.00%   0.10%  
 
 Bonus Fixed Deposit  
3 - 12 month fixed term deposit with guaranteed interest rates and the potential to earn bonus interest.   
R1 000 or more   Monthly   Quarterly   Half-yearly   On expiry  
3 months   5.20%   5.22%  
6 months   5.50%   5.52%   5.56%  
12 months   5.90%   5.92%   5.97%   6.06%  
 
 Fixed Deposits (For clients younger than 55 years of age). Rates are quoted on a per annum basis.  
Balance   Period of investment    Interest Monthly/ Quarterly/ Half yearly   Interest Annually   Interest on expiry   
R1 000 and more.   1 month    -   -   5.10%  
   2 months    5.10%   -   5.11%  
   88 days    5.30%   -   5.32%  
   4 months    5.30%   -   5.33%  
   5 months    5.30%   -   5.34%  
   6 months    5.60%   -   5.66%  
   7 - 8 months    5.60%   -   5.67%  
   9 - 11 months   5.60%   -   5.71%  
   12 months    6.10%   -   6.27%  
   13 - 17 months    6.10%   6.16%   6.28%  
   18 months   5.00%   5.11%   5.18%  
   19 - 23 months    5.00%   5.11%   5.19%  
   24 - 35 months   5.00%   5.11%   5.24%  
   36 months   5.10%   5.22%   5.49%  
   37 - 59 months   5.10%   5.22%   5.51%  
   60 months   5.50%   5.64%   6.31%  
 
 OptimumPlus (Interest Monthly/Quarterly/Half-yearly)  
Fixed Deposit exclusive to clients 55 and older. Interest paid in arrear.  
Interest monthly   R1 000 - R9999   R10 000 - R99999   R100 000 - R249999   R250000+  
1 month   -   -   -   -  
2 months   5.10%   5.10%   5.10%   5.10%  
3 months   5.30%   5.30%   5.30%   5.30%  
4 months   5.30%   5.30%   5.30%   5.30%  
5 months   5.30%   5.30%   5.30%   5.30%  
6 months   5.50%   5.55%   5.60%   5.65%  
7 - 8 months   5.50%   5.55%   5.60%   5.65%  
9 - 11 months   5.50%   5.55%   5.60%   5.65%  
12 months   6.50%   6.55%   6.60%   6.65%  
13 - 17 months   6.50%   6.55%   6.60%   6.65%  
18 months   5.45%   5.50%   5.55%   5.60%  
19 - 23 months   5.45%   5.50%   5.55%   5.60%  
24 - 35 months   5.45%   5.50%   5.55%   5.60%  
36 months   5.55%   5.60%   5.65%   5.70%  
37 - 59 months   5.55%   5.60%   5.65%   5.70%  
60 months   5.95%   6.00%   6.05%   6.10%  
 
 OptimumPlus (Interest on Expiry)  
Fixed deposit exclusive to clients 55 and older. Interest paid in arrear.  
Interest on Expiry   R1 000 - R9999   R10 000 - R99999   R100 000 - R249999   R250000+  
1 month   5.10%   5.10%   5.10%   5.10%  
2 months   5.11%   5.11%   5.11%   5.11%  
88 days   5.32%   5.32%   5.32%   5.32%  
4 months   5.33%   5.33%   5.33%   5.33%  
5 months   5.34%   5.34%   5.34%   5.34%  
6 months   5.66%   5.71%   5.76%   5.81%  
7 - 8 months   5.67%   5.73%   5.78%   5.83%  
9 - 11 months   5.71%   5.77%   5.82%   5.87%  
12 months   6.69%   6.75%   6.80%   6.85%  
13 - 17 months   6.71%   6.76%   6.82%   6.87%  
18 months   5.66%   5.71%   5.77%   5.82%  
19 - 23 months   5.67%   5.73%   5.78%   5.84%  
24 - 35 months   5.74%   5.79%   5.85%   5.91%  
36 months   6.02%   6.08%   6.14%   6.20%  
37 - 59 months   6.03%   6.09%   6.15%   6.21%  
60 months   6.91%   6.97%   7.04%   7.11%  
 
 PrimeSelect  
Balance   Period of investment   Ratio to prime   Nominal pa     
R5 000 & more   88d - 8m   59%   5.45%  
   9m - 11m   61%   5.64%  
   12m - 35m   64%   5.92%  
   36 months +   65%   6.01%  
 
 Money Market Investment Account  
Balance Range   Nominal pa         
< R20 000    0.00%   
R20 000 - R49 999    3.40%  
R50 000 - R199 999    3.65%  
R200 000 - R499 999   3.65%  
R500 000 - R749 999   3.90%  
R750 000 +   4.20%  
 
 NedTerm  
Balance range   Nominal pa         
< R1 000   0.00%  
R1 000 - R9 999   2.75%  
R10 000 - R19 999   2.75%  
R20 000 - R49 999   2.85%  
R50 000 - R99 999   3.30%  
R100 000 +   3.50%  
 
 JustSave  
The JustSave Account offers all South Africans a secure, attractive method of saving funds at interest rates above the average Savings account rates  
Balance Range   Nominal pa         
< R50   0.00%  
R50 - R999   1.65%  
R1 000 - R9 999   2.15%  
R10 000 - R19 999   2.65%  
R20 000 - R99 999   2.95%  
R100 000 +   4.10%  
 
 Save4me  
Savings account exclusively for clients up to 18 years of age.  
Balance range   Nominal % p.a.         
< R50   0.00%  
R50 - R999   4.50%  
R1 000 - R9 999   4.50%  
R10 000 - R19 999   4.50%  
R20 000 - R99 999   4.50%  
R100 000 +   4.50%  
 
 Nedbank4me  
Savings account for clients up to 18 years of age.  
Balance range   Nominal % p.a.         
R0 - R9 999   2.65%  
R10 000 - R14 999   2.65%  
R15 000 - R24 999   2.65%  
R25 000 +   2.65%  
 
 Dezign Save   
A transactional account for clients aged between 19 and 24 years.  
Balance range   Nominal pa         
R0 - R9 999   0.80%  
R10 000 - R14 999   0.80%  
R15 000 - R24 999   0.80%  
R25 000 - R49 999   0.80%  
R50 000 - R74 999   0.80%  
R75 000 - R99 999   0.80%  
R100 000+   1.45%  
 
 Savings deposit accounts (including Optimum and Prime Club Accounts)  
Balance range   Nominal pa         
R0 - R499   0.20%     
R500 - R999   0.25%  
R1 000 - R4 999   0.25%  
R5 000 - R9 999   0.25%  
R10 000 - R14 999   0.30%  
R15 000 - R24 999   0.40%  
R25 000 - R49 999   0.40%  
R50 000 - R74 999   0.40%  
R75 000 - R99 999   0.60%  
R100 000+   1.45%  
 
 Nedbank Club Account  
Balance range   Nominal pa         
R1 000 - R4 999   1.55%  
R5 000 - R9 999   1.55%  
R10 000 - R14 999   1.95%  
R15 000 - R24 999   2.15%  
R25 000 - R39 999   2.15%  
R40 000 - R49 999   2.25%  
R50 000 - R74 999   2.95%  
R75 000 - R99 999   3.20%  
R100 000+   3.70%  
 
 Credit Card: Credit Interest Rates  
Applicable to American Express® Gold credit and Blue credit.  
Balance   Interest rate         
 
 Credit Card: Credit Interest Rates  
Applicable to SAA Voyager, Classic and Gold  
Balance   Interest Rate         
R0 - R49 999.99   0.25%  
R0 - R49 999.99   0.25%  
R50 000+   0.50%  
R50 000 +   0.50%  
 
 Credit Card: Credit Interest Rates  
Applicable to Nedbank Visa/MasterCard (Consumer and Corporate)  
Balance   Interest rate         
R0 000 - R49 999.99   0.25%  
R50 000 +   0.50%  
 
 Credit Card: Credit Interest Rates  
Applicable to American Express® Personal, Gold, Platinum, Business and Corporate Charge cards  
Balance   Interest rates         
R0 - R49 999.99   0.25%  
R50 000 - R999 999.99   1.75%  
R1m +   3.25%  
 
 Credit Card: Credit Interest Rates  
Applicable to SAA Voyager Classic  
Balance   Interest Rate         
R0 - R49 999.99   0.25%  
R50 000+   0.50%  
 
 Credit Card: Credit Interest Rates   
Applicable to Go-Banking  
Balance   Interest Rate         
0 - 14 999.99   0.25%  
15 000 - 49 999.99   0.25%  
50 000 +   0.50%  
 
 Credit Card: Credit Interest Rates  
Applicable to SAA Voyager Premium.  
Balance   Interest Rate         
R0 - R49 999.99   0.25%  
R50 000 - R999 999.99   0.50%  
R1m+   1.00%  







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

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