Nedbank
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Nedbank Money Market Account
| 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 6.25% higher than the average 0%. Also it is -6.25 % lower than the highest rate Updated May, 2018
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 6.25% higher than the average 0%. Also it is -6.25 % lower than the highest rate Updated May, 2018
Type
Floating
Rate
6.25%
Currency
ZAR
Q: What is the money market requirements and interest rate at the moment
Q: what account,which back will give me the best returns on my money investment.
Q: Hi if we have 5 miljoen rand what will our rate and payout amount be? Kind regards
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.
Q: What are new interest rates on Nedbank Money Market?
Q: is this strickly for south Africans what of foreigners with valid work permits