Instant credit. Tailored interest rates.

 

An overdraft offers you instant credit that is added to your bank account. Take care of emergencies or top up your monthly budget during those tight moments between paydays with up to R250,000, available whenever you need it.

 

See terms and conditions.

No need to open a separate account or get an extra card.

The extra money stays available in your bank account.

You’ll be charged interest on only the portion you use.

You can take out credit life insurance on your overdraft.

 

 

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How it works

If you already have a Nedbank account, you can apply for an overdraft on the Money app or Online Banking. You can also choose one when you open your account for the first time. Once your overdraft has been set up, you can increase or decrease its limit anytime on our digital banking channels.

Qualifying accounts

Cards

MiGoals Plus

For best-value banking with the option to add more benefits when you need them, open a MiGoals Plus Account.

R99 p/m

Cards

MiGoals

A super-affordable pay-as-you-use account.

R5 p/m

Cards

MiGoals Premium

Bank smarter with this full-package deal that offers you daily convenience, credit flexibility and top-tier lifestyle benefits.

R240 p/m

Get started and apply online

Get started

Other loan solutions

Personal loans

Loans from R2,000 up to R300,000. Get a personalised in

Find out more

Credit Cards

Spend on your credit card and get up to 55 days interes

Find out more

Download the Nedbank Money app

A secure and convenient way to manage your money, apply for accounts and loans, and even buy gift and prepaid vouchers.

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