Nedbank
2 followers

Type Floating
Rate 6.75%
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.

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% 



The rate of 6.75% is 1.93% higher than the average 4.82%. Also it is 0.37 % lower than the highest rate. Updated Oct, 2017

on Nedbank's secure website

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.

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% 



The rate of 6.75% is 1.93% higher than the average 4.82%. Also it is 0.37 % lower than the highest rate . Updated Oct, 2017

on Nedbank's secure website

Type Floating
Rate 6.75%
Currency ZAR

Compare Nedbank Saving rates

Account Name Rate
Nedbank JustSave Savings Account 5.10%

Compare Saving rates in South Africa

Account Name Rate
African Bank 7 Day Notice Account 7.12%
FNB Money Maximiser Account 7.10%
Investec Prime Saver Savings Account 6.96%

Nedbank Discussion

  • Q: Hi if we have 5 miljoen rand what will our rate and payout amount be? Kind regards

    Reply Rina from Pretoria, South Africa
  • Q: What are new interest rates on Nedbank Money Market?

    Reply Indira from Durban, South Africa
  • Q: is this strickly for south Africans what of foreigners with valid work permits

    Reply Gugulethu from South Africa