Where at all possible, continue to make regular payments on your debt, if
you are in the position to do so.

 

  • If you are experiencing cashfl ow diffi culties, as a result of Covid-19, you
    can get debt relief or help with monthly repayments. Call 0860 110 702
    (08:00 – 16:00, Monday to Friday) to discuss your options, such as payment
    holidays. We consider each case individually and will tailor a solution to suit
    you. Click here for more information.
  • Claim against your Credit Life cover to continue making loan payments of
    up to 12 months, if you have become unemployed or are unable to earn an
    income. Find out more here.
  • During the months of April to June 2020 we will be offering you a temporary
    rebate, equivalent to 100 bps or 1% interest rate reduction, on the
    utilisation of your overdraft facility. Click here for more details.
  • Get access to cash through a Nedbank Home Loan ReAdvance, or your
    NedRevolve facility if you have already repaid some of your bond.
    Find out more here    .
  • Pay no extra Saswitch fees when you withdraw cash from any bank’s
    ATM. Normal withdrawal fees still apply.
  • Pay no penalty fees for early withdrawal of up to R200 000,00 on your
    fixed-deposit account or notice investments. Find out more here.
  • Credit card minimum monthly payments are adjusted down to 2,5% to
    provide relief across all credit card products including Small Business
    Services credit.

     

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