Investment Accounts - Nedbank Step Up Deposit Investment Account

Nedbank Step Up Deposit Investment Account

 
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Nedbank Step Up Deposit Investment Account

The Nedbank Step Up Deposit Investment Account is a 36 month deposit with guaranteed quarterly…

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Nedbank Step Up Deposit Investment Account

The Nedbank Step Up Deposit Investment Account is a 36 month deposit with guaranteed quarterly  rate increments. You can invest from as little as R1 000. The account provides investors with the freedom to withdraw their money on the quarterly anniversary of the date of opening the account. The Nedbank Step Up Deposit Investment Account has no incurring penalties.

Nedbank Step Up Deposit Investment Account Features:

  • Benefit from a minimum of just R1 000.
  • 36 month deposit.
  • The Nedbank Step Up Deposit Investment Account offers competitive interest rates with guaranteed quarterly increments.
  • Interest rates are directly linked to prime.
  • You have the ability to withdraw funds on the quarterly anniversary of the account opening date without any incurring penalties.
  • Benefit from no fees.
  • You will receive capital security.
  • With this investment account, interest is calculated daily and paid quarterly.
  • Interest rates offered are subject to confirmation at the time of receipt of the funds by Nedbank.
  • Available to individuals and Small Business Services clients.

Nedbank cannot advise you on the tax implications when making your choice. They recommend that you seek independant advice from one of their financial planners or your tax consultant. So if you are looking for an investment account with guaranteed quarterly rate increments, this account is perfect for you.

 

Nedbank contact details:

Address: 135 Rivonia Rd,
Sandown, Sandton, 2196

Tel: 011 294 4444
Email: [email protected]
Website: www.nedbank.co.za

Account Details

Highest Interest Rate 6.15% - 7.25%
Min Investment Amount 1000.00
Investment Period 36 months

Interest Rates

R1,000 - R10,000 6.15% - 7.25%
R10,000 - R25,000 6.15% - 7.25%
R25,000 - R50,000 6.15% - 7.25%
R50,000 - R75,000 6.15% - 7.25%
Interest R75,000 - R100,000 6.15% - 7.25%
Interest R100,000 - R500,000 6.15% - 7.25%
R500,000 - R1,000,000 6.15% - 7.25%
R1,000,000 - R5,000,000 6.15% - 7.25%
R5,000,000 + 6.15% - 7.25%


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