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Savings Deposit Account

This account is available to clients 25-years and older and offers a secure, attractive method of saving funds at market-related rates, while at the same time allowing for immediate access to funds.

Features

Interest is earned on all positive balance
A Maestro/Visa Electron debit cards to use wherever the Maestro logo or Visa logo is displayed, as well as to withdraw cash at any ATM

This account is exempt from account maintenance fees for monthly balances of R5000 or more.

The ability to conduct banking via a range of digital banking channels.

Contribute - Support a cause that is important to you at no additional cost by applying for one of the following Savings Deposit Affinity accounts:
  • The GreenSave account is designed to appeal to clients who are committed to environmental conservation.
  • The ActSave account is designed to appeal to clients who are committed to developing and expanding South African arts & culture.
  • The SportSave account is designed to appeal to clients who want to make a contribution towards developing sport in South Africa
  • The Nelson Mandela Childrens Affinity is designed to appeal to clients who want to make a contribution towards the Nelson Mandela Childrens Fund.

Everytime a new account is opened, Nedbank makes a once-off contribution of R2,50 towards the Trust the client has chosen to support.

Thereafter, every quarter Nedbank makes a further contribution of 0,25% per annum of your average daily balance.

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

  • No minimum salary requirement.
  • A minimum amount of R50 is required to open your savings deposit account.
  • Minimum balance requirement of R30.











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

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