Your financial goals are unique. With time, these goals can change as new priorities arise. Achieving your financial goals alone is difficult. Thankfully there are several financial options available to help you fulfil your goals. At Nedbank, we understand your individuality and that you have financial goals that are unique to you. Here’s how to invest money at Nedbank.

If you are ready to make in investment, we suggest that you read up on all your available options. This way, you can be sure that when you make an investment with us, you make an informed decision and your unique financial goals are achieved.

Types of investments

Depending on your financial goals, you can open an investment account in either:

  • Short term investments
  • Medium to long-term investments

How to make the right choice

Deciding on the type of investment account to open will largely depend on how much money you want to invest, and how quickly you need to access it.

Open an investment account that is either short-term or medium/long term at Nedbank

Nedbank Short-term investments

Nedbank Electronic 32Day Notice Account

An exclusive online account that offers short-term flexibility and competitive interest rates. The investment is open to both individuals and Small Business Services clients.

  • Invest in R250 or more.
  • Give 32 days’ notice to make withdrawals.
  • Make a minimum withdrawal of R100.
  • Choose between a monthly interest pay out or capitalization of the interest.
  • Free monthly/weekly stop orders from your Nedbank current/savings account.

Nedbank 32Day Notice Account

An investment that allows you to save funds securely that is offered to individuals and Small Business Services clients.

  • Invest R250 or more.
  • Give 32 days’ notice to make withdrawals.
  • This is a tiered investment. So, the higher your balance, the higher will be your rate of interest.
  • Choose between a monthly interest payout or capitalization of the interest.
  • Free monthly/weekly stop orders from your Nedbank current/savings account.
  • Link your account to your electronic banking profile and ensure your account is maintained via digital channels.

Nedbank MoneyTrader

This investment is a money-market investment account that is linked to money market conditions. It offers great interest rates – however, you must remember that the interest rates are linked to the current money market conditions. The current rate of interest will apply to your account no matter what the balance in your account.

  • Invest R50 000 or more.
  • Give only a 24-hour notice to access funds.
  • Withdraw anywhere from R5 000 or above as long as you maintain a balance of R50 000.
  • Fees may be applicable to cash deposits.
  • Maintain the latest interest rate no matter what your bank balance.
  • Enjoy free monthly stop orders from your current/savings account.
  • Interests are calculated on a daily basis and can be paid out or capitalized on a monthly basis.

JustInvest

An investment account that lets to keep your options open.

  • Invest R500 or more.
  • Give only a 24-hour notice to access funds.
  • Interests are calculated on a daily basis and can be paid out or capitalized on a monthly basis.
  • Enjoy free monthly stop orders from your current/savings account.
  • Withdraw R100 or more as long as you maintain a balance of R500.
  • Make additional deposits of R100 or more any time.
  • This is a tiered investment. So, the higher your balance, the higher will be your rate of interest.

Nedbank medium/long-term investments

Electronic Fixed Deposit

Invest in this account from anywhere between a month to 60 months and get great returns on your investment.

  • Invest R1 000 or more.
  • Choose a term that suits you – anywhere from 1 month to 60 months.
  • Preferential rates of interest will apply as the account is opened/maintained only through a Nedbank digital banking profile.
  • Available to any Nedbank client who has a Nedbank digital banking profile.
  • Both the capital and the interest rate are guaranteed and you can be sure you will always get more than you invest.

Nedbank Tax Free Deposit Account

This is a 12-month fixed deposit scheme.

  • Invest R$ 1 000.00 or more.
  • Get competitive fixed interest rates.
  • Both the capital and the interest rate are guaranteed.

Fixed Deposit

  • Invest in R25 000 or more.
  • Choose a term that suits you – anywhere from 1 month to 60 months.
  • Choose to get monthly, quarterly, half-yearly, annual interest paid out, or interest paid out on maturity.
  • Both the capital and the interest rate are guaranteed.

Electronic OptimumPlus

An investment plan for anyone aged 55 or above and with a digital banking profile.

  • Invest in R1000 or more.
  • Choose a term that suits you – anywhere from 1 month to 60 months.

OptimumPlus

An investment plan for anyone aged 55 or above.

  • Invest in R25 000 or more.
  • Choose a term that suits you – anywhere from 1 month to 60 months.
  • Choose to get monthly, quarterly, half-yearly, annual interest paid out, or interest paid out on maturity.

EasyAccess Deposit

A 12-month fixed deposit that allows you access to 50% of your capital amount.

  • Invest in R25 000 or more.
  • Invest for a period of 12 months.
  • Withdraw up to 2 times with a minimum of R 1 000 each time.
  • Choose to get monthly, quarterly, half-yearly, annual interest paid out, or interest paid out on maturity.

PrimeSelect

An investment that allows you to make 5 additional deposits and 5 withdrawals.

  • Invest in R5 000 or more.
  • Earn a rate of interest that is a percentage of the prime interest rate.
  • Earn interest daily.
  • Choose to get monthly, quarterly, half-yearly, annual interest paid out, or interest paid out on maturity.
  • Choose an investment period from 88 days to 60 months.
  • Make up to 5 additional deposits of R 1 000 or more but not more than 50% of the original capital.
  • Make up to 5 withdrawals that total up to not more than 50% of the original capital.

Choosing the right investment account to open can be a tough choice. Which is why we at Nedbank encourage you to get in touch with us. Let us help you make the smartest choice and ensure your financial needs and goals are met when you open an investment account.