Prime Club Current Account
Account description
The Prime Club Current Account is for those who are 70 years and over and ready to reap the rewards. Get a host of free transactions while you maintain a balance of R10 000 or more in a Nedbank fixed deposit, notice deposit or JustSave Account. Because you’ve earned the right to pay less and earn more.
Fee structure:
| Transaction | Fee amount for balances of R10 000 or more in a Nedbank fixed-deposit or notice deposit or JustSave Account |
| Annual service fees | |
| Classic cheque card | R130,00. |
| Monthly fees | |
| Monthly maintenance | Free. |
| Overdraft facility |
R5,50 for limits of
R1 to R5,000. R11,00 for limits of R5,001 to R10,000. R16,50 for limits of R10,001 or more. |
| Self-service banking subscription 1 | Free. |
| Deposits | |
| Cash (over the counter/at Nedbank ATM) | R0,58 per R100 or part thereof. |
| Cheque (over the counter/at Nedbank ATM) | Free. |
| Cash withdrawals | |
| Over the counter | Four free per month, thereafter R21,00 plus R1,10 per R100 or part thereof. |
| Nedbank ATM | R1,00 per R100 or part thereof. |
| Another bank's ATM | R5,50 plus R1,00 per R100 or part thereof. |
| Tillpoint - cash only | R3,65. |
| Tillpoint - cash with purchase | R3,65. |
| Account payments and purchases | |
| Cheque payment | Free. |
| Bank's own cheque | R40,00. |
| Electronic interaccount transfer 2 | Free. |
| Electronic account payment 2 | Free. |
| Stop order processing | Free. |
| Debit order - internal | Free. |
| Debit order - external | Free. |
| Cheque card purchases | Free. |
| Balance enquiries | |
| Over the counter | First free per month, thereafter R2,20. |
| Nedbank ATM | Free. |
| Another bank's ATM | R3,60. |
| Nedbank self-service terminal | Free. |
| Statement enquiries | |
| Over the counter | First free per month, thereafter R8,80. |
| Nedbank ATM | Free. |
| Nedbank self-service terminal | First free per month, thereafter R3,30. |
| Internet banking - statement up to five years | Free. |
| Other fees | |
| Dishonoured payment | R80,00 per item. |
| Honouring | R80,00 per item. |
| Stop-payment instruction | R33,00. |
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Notes
- Includes NetBank internet banking and cellphone banking (WAP). Cellphone banking (SMS), telephone banking: self-service and telephone banking: agent-assisted are free.
- Includes transfers and payments from self-service terminals, NetBank internet banking, cellphone banking (WAP), cellphone banking (SMS) and telephone banking: self-service.
