- As the ideal product to deposit your funds into after the sales of shares, unit trusts or property, whilst waiting to make an investment decision.
- As an effective means to build up funds, for your children's education or for that special holiday.
- To gain access to cash in any emergency.
You will need a minimum deposit of R10 000 to open an account. All deposits into the Park-It investment account (both the opening and subsequent deposits) are fixed for the first 14 days; thereafter the funds are available by giving 24 hours notice.
The good news is that when the interest rate increases, you benefit immediately, however if the rate decreases, this is only applied after the 14 days.
See how the Park-It investment account can work for you and clients:
- Guaranteed capital.
- Great interest rates. Interest rates are tiered, so the higher your balance, the better your rate.
- No fees.
- Interest rate increases apply immediately, while rate decreases are only effective after the 14 days.
- Minimum initial deposit is R10 000.
- Additional deposits can be made at any time for a minimum of R1 000.
- Monthly stop orders can be arranged from a Nedbank savings or current account (free of charge).
- Free monthly statement.
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| Locate Your Nearest Branch |
| Contact Information |
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To open your Park-It Investment account visit your nearest Nedbank Branch.
Or for more information call 0860 555 111
Tiered rates and condition apply.
Available to individual and Small Business clients only.
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