Go to http://www.nedbank.co.za
Nedbank Interest Rates
Nedbank Limited or abbreviated Nedbank is a major bank in South Africa and is a subsidiary of the bank holding company Nedbank Group Limited, a JSE listed South African provider of banking, insurance, asset management and wealth management services. Its history dates back to the 1800s through various subsequent mergers and acquisitions which led to the present day company structure.
Nedbank provides banking products and services such as retail banking, private banking, business banking and corporation banking. It delivers these services through its distribution channels such as internet banking, telephone banking and mobile banking as well traditional physical ATMs and branch locations nationwide.
As at 2011 it had 59 branch locations across South Africa within regions such as Tshwane & North , Gauteng , Eastern Cape, Western Cape, Freestate & Vaal and Kwazulu Natal.
Its investment and savings products for its retail customers include savings accounts, fixed deposit accounts, savings bonds, money market investment accounts and notice deposit accounts.
|3 Month||6 Month||1 Year|
|Company||Account Name||Currency||Update||APY||Savings Account Details|
|Nedbank Money Market Account||ZAR||Aug, 2013||4.75%||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.from R5 000 0.00% from R5 000 to R9 999 3.50% from R10 000 to R19 999 4.00% from R20 000 to R49 999 4.50% from R50 000 to R99 999 4.50% from R100 000 to R249 999 4.60% from R250 000 to R499 999 4.65% from R500 000 and higher 4.75%|
|Company||Account Name||Term||Currency||Update||APY||Fixed Deposit Account Details|
|Nedbank 1 Year Fixed Deposit||1 year||ZAR||Nov, 2013||5.11%||The interest rates is applicable for clients younger then 55 years of age and interest options include Monthly/ Quarterly/ Half yearly of the deposit. The balance required is R1000 minimum. Paid Per annum basis.|
|Nedbank 6 Month Fixed Deposit||6 month||ZAR||Nov, 2013||4.95%||For this account the interest rates applies to Nedbank clients younger then 55 years of age and the period of investment is six months. The interest rate options include Monthly/ Quarterly/ Half yearly with the balance required R1000 or over. Interest on expiry.|
|Nedbank 3 Month Fixed Deposit||3 month||ZAR||Nov, 2013||4.62%||The interest rate for this fixed deposit account is for a term of 88 days or approx 3 months and is applicable to clients younger then 55 years of age with interest options including Monthly/ Quarterly/ Half yearly of the deposit. The balance required is R1000 or more. Interest on expiry.|