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Same great value, more for your money

At Nedbank we’re committed to offering great value banking through the principles of affordability, simplicity and transparency.

  • Affordable because we’ve, once again, kept the average of our annual pricing changes for transactional products below inflation to bring you a broad range of products that are competitively priced.
  • We’re also constantly working on simplifying our products and pricing tables to bring you effortless banking solutions that are easy to understand.
  • Transparent in that we actively promote education around our products, services and fees, while we supply you with the tools to help you get more for your money.

As South Africa’s green bank, we’ve also geared our pricing to encourage paperless banking not only to highlight cost-effective and innovative ways of banking, but to minimise our impact on the environment.

Putting you in charge of your money

While we are always looking at ways to bring you affordable banking that could help save you money, it is important that you choose the account that is right for you. Make sure you understand your banking behaviour, as by making small changes, you can pay a lot less on bank fees.

Typical monthly bank charges

The graph below shows that Nedbank is still the most competitive on a typical pay-as-you-use (PAYU) basis. This excludes Smallbusiness Services and Private Bank accounts.

Graph

The graph is based on the following transactional basket and includes monthly maintenance and internet banking subscription fees:

Graph


 

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