Nedbank
4 followers

Type Floating
Rate 6.25%
Currency ZAR

Rate is applicable to the 'JustInvest' money market investment account product which requires a minimum deposit of R5000 with R500 deposits can be made any time. Interest is paid monthly and calculated daily. Withdrawals of R500 minimum are allow but overall balance of R5000 must be maintained. 24 notice to withdraw the funds.



The rate of 6.25% is 1.83% higher than the average 4.42%. Also it is 0.8 % lower than the highest rate 7.05 Updated May, 2018

on Nedbank's secure website

Rate is applicable to the 'JustInvest' money market investment account product which requires a minimum deposit of R5000 with R500 deposits can be made any time. Interest is paid monthly and calculated daily. Withdrawals of R500 minimum are allow but overall balance of R5000 must be maintained. 24 notice to withdraw the funds.



The rate of 6.25% is 1.83% higher than the average 4.42%. Also it is 0.8 % lower than the highest rate 7.05 Updated May, 2018

on Nedbank's secure website

Type Floating
Rate 6.25%
Currency ZAR

Compare Nedbank Saving rates

Account Name Rate
Nedbank Home Loan 10.00%
Nedbank Classic Credit Card 20.50%
Nedbank 6 Month Fixed Deposit 6.84%

Compare Saving rates in South Africa

Account Name Rate
FNB Money Maximiser Account 7.05%
Investec Prime Saver Savings Account 6.70%
FNB Savings Account 6.05%

Nedbank Discussion

  • Q: what account,which back will give me the best returns on my money investment.

    Reply william from Uitenhage, South Africa
  • Q: Hi if we have 5 miljoen rand what will our rate and payout amount be? Kind regards

    Reply Rina from Pretoria, South Africa
    • R: Hi Rina With R5 Million, depending on your objectives for the money, tax position and liquidity requirements, one can get a very attractive rate from Treasury Services of between 7.99 and 9.6%. Feel free to contact me if you would like to discuss further.

      Reply Alfred CFP
  • Q: What are new interest rates on Nedbank Money Market?

    Reply Indira from Durban, South Africa
  • Q: is this strickly for south Africans what of foreigners with valid work permits

    Reply Gugulethu from South Africa