Nedbank JustInvest Investment Account
The Nedbank JustInvest Investment Account is ideal to deposit your funds into after the sale of unit trusts, shares, and property whilst making an investment decision. The investment account is a money market investment account which offers great competitive interest rates and short term accessibility. You can benefit by having access to your funds within a minimum of 24 hours. The account can be used to build up funds for your child’s education, or even that dream holiday.
Nedbank JustInvest Investment Account Features:
- There is a minimum deposit of R5 000.
- Additional deposits of R500 or more can be made at any time.
- It offers extremely competitive interest rates which are paid, and are tiered according to your balance.
- A minimum of just 24 hours notice is required to withdraw funds, except where the following day is a Sunday or public holiday.
- Interest rate increases and decreases are applied immediately.
- Free weekly or monthly stop-orders are available, but only from a Nedbank cheque or savings account. Minimum stop-order is R500.
- The interest is calculated daily, and paid or capitalised monthly.
- Partial withdrawals (minimum R500) are permitted, provided the minimum deposit of R5 000 is maintained.
- All cheques deposited are subject to a clearance period of 7 business days.
- Nedbank reserves the right to charge a fee for cash deposits exceeding R5 000 in any calendar month. The first four cash deposits in a calendar month, collectively not exceeding R5 000, will be free.
Nedbank contact details:
Address: 135 Rivonia Rd,
Sandown, Sandton, 2196
Tel: 011 294 4444
Email: [email protected]
|Highest Interest Rate
|Min Investment Amount
|R1,000 - R10,000
|R10,000 - R25,000
||6.0% - 6.50%
|R25,000 - R50,000
|R50,000 - R75,000
|Interest R75,000 - R100,000
|Interest R100,000 - R500,000
||6.60% - 6.65%
|R500,000 - R1,000,000
|R1,000,000 - R5,000,000
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