Nedbank Group  |  About Us  |  Newsletter   |  Terms and Conditions  |  Rates  |  Fees

Internet Banking  |  Apply Online  |  Branches    Contact Us
What is Nedbank Greenbacks

Greenbacks is the rewards programme from Nedbank that simply rewards you every time you spend – the more you swipe, the more we give back. As a member you earn Greenbacks for all eligible* spend, whether it's on your cheque or credit card.

In return, we'll present you with vast and exciting special offers and rewards for you to choose from.

What's more, there are times when we'd rather double your rewards, so spend as you normally would, but use your American Express® Cheque or Credit Card – and earn twice as many Greenbacks!

* Eligible spend means all spend, excluding cash withdrawals, casino chip purchases, fuel purchases, finance or other card charges, fees or taxes levied by us or the government, purchases of travellers cheques or other negotiable instruments, garage card transactions, budget account instalments and interest thereon, insurance premiums and internet transfers or payments from your account.


You've collected Greenbacks, now it's time to spend them. Take a break, spoil yourself, drink champagne, uplift someone, invest in the future – the choice is yours!


Earn one Greenback for every R5 eligible spend* on your linked Nedbank Credit or Cheque Card. Use your Nedbank Greenbacks American Express®
Credit Card or your American Express Cheque Card and earn rewards at twice the speed for the same spend! You also pay one monthly fee for both cards!

You can start spending your Greenbacks as soon as you can afford one of the rewards, or you can take time and save up for something big – it's all up to you. And remember, as long as you use your card, there's no time limit on your Greenbacks – they'll never expire, so you can take all the time you need to save for that big one.

Want to join Greenbacks?



Cheque card:

Linked to your current account, costs less than cheques, pay for almost anything, no cash to carry, and automatic travel insurance. Easy.

Credit card:

A Nedbank Greenbacks American Express® credit card that earns you two Nedbank Greenbacks for every R5 of eligible* spend on your card.


Nedbank Limited Reg No 1951/000009/06, VAT Reg No 4320116074, 135 Rivonia Road, Sandown, Sandton, 2196, South Africa. We subscribe to the Code of Banking Practice of The Banking Association South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services. We are an authorised financial services provider. We are a registered credit provider in terms of the National Credit Act (NCR Reg No NCRCP16).

Home : Legal Requirements : Glossary