Savings Account - Nedbank Dezign Savings Account

Nedbank Dezign Savings Account

 
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Nedbank Dezign Savings Account

The Nedbank Dezign Savings Account operates the same way as a NedSave Account which is…

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Nedbank Dezign Savings Account

The Nedbank Dezign Savings Account operates the same way as a NedSave Account which is a savings vehicle for pocket money, part time jobs, monetary gifts etc. The Nedbank Dezign Savings Account is designed for clients aged 18 to 24.

Nedbank Dezign Savings Account Features:

  • The Nedbank Dezign Savings Account is exempt from most transactional charges and account maintenance fees.
  • The Interest rates are generally higher than normal savings deposit accounts, particularly in the lower balance ranges.
  • A Maestro debit card can be used wherever you see the Maestro Logo as well as withdraw money at any ATM.
  • The Nedbank Dezign Savings Account can be linked to an affinity of your choice. Everytime a new account is opened, Nedbank makes a once-off contribution of R2,50 towards the Trust that you have chosen to support at no additional cost to you. You can choose from the following: The GreenSave account which is designed to appeal to clients who are committed to environmental conservation, The ActSave account which is designed to appeal to clients who are committed to developing and expanding South African arts & culture, The SportSave account which is designed to appeal to clients who want to make a contribution towards developing sport in South Africa or the Nelson Mandela Children’s Affinity which is designed to appeal to clients who want to make a contribution towards the Nelson Mandela Children’s Fund.

 

Nedbank contact details:

Address: 135 Rivonia Rd,
Sandown, Sandton, 2196

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

Account Details

Monthly Fee (R) 0.00
Minimum Opening Balance 30.00
Minimum Age 18-24
Best Interest 2.20%

Interest Rates

R50 - R1,000 1.40%
R1,000 - R10,000 1.40%
R10,000 - R50,000 1.40%
R50,000 - R100,000 1.40%
R100,000 - 1,000,000 2.20%

Deposits

Cheque Deposit Branch R10.00
Cheque Deposit ATM R10.00
Cash Deposit Branch R6.00+ R1.28/R100.00
Cash Deposit ATM R6.00+ R1.28/R100.00

Cash Withdrawals

Branch counter R6.00+ R1.28/R100.00
Own Bank ATM R6.00+ R1.28/R100.00
Other Bank ATM R10.00+ R1.28/R100.00
Overseas ATM R35.00+ R1.28/R100.00

Account Payments

ATM R4.00
Branch Counter R10.00

Debit Orders

Internal Debit Orders R4.00
External Debit Orders R14.00

Fund Transfer

ATM R0.00
Branch Counter R8.00

Balance Enquiries

ATM R0.00
At Other Bank ATM R4.00
Branch counter R5.00
Overseas ATM/POS R5.00

Statements

Branch 1 Free, R18.00 thereafter
ATM R0.00

Administration Fees

Bank cheque/marked cheque R20.00
Stop payments R44.00
Stop order R14.00
Special clearance R65.00

Added Benefits

A R30 minimum account opening deposit is required


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