Nedbank Interest Rate Review for March 2026

Last updated 1st March 2026 by Walter
8.05%
best rate
8
products
3
account types

Introduction

This page gives you an overview of Nedbank interest rates for March 2026. Nedbank offers:

  • Savings accounts. Saving accounts give you quick and easy access to your money.
  • Notice accounts. You will need to give Nedbank notice before you get access to your money. Interest rates typically higher than your savings account.
  • Fixed deposits. The interest rate for a fixed deposit investment does not fluctuate and is instead fixed throughout your investment period.

The main difference between these three options is ease of access to your money. Savings accounts will provide you with near instant access, but in return you get a lower rate of interest. Notice accounts will provide better interest rates, but you will need to give Nedbank notice before getting access to your money. Fixed deposits generally pay the best interest, but you commit your money for a fixed term. In case you do need to withdraw, you can still get access before your term is over but will have to pay a penalty.

Nedbank interest rate overview

Here is a table of interest rates available at Nedbank. It shows the type of account, deposit and interest rate you can get.

Name Deposit Nominal rate
Savings
Nedbank Platinum Invest R0 - 1m 5 - 6.75%
Nedbank Tax-free Savings Account R0 - 250k 5 - 6.75%
Nedbank MoneyTrader R0 - 50k 0 - 6.7%
Nedbank JustSave R0 - 100k 4.25 - 5.75%
Notice accounts
Nedbank 32 Day Notice R0 - 500k 5.45% - 7.3%
Fixed deposits
Nedbank Electronic OptimumPlus R1k - 1m 6.35% - 8.05%
Nedbank Platinum Fixed Deposit R1k - 250k 6.35% - 8.05%
Nedbank Electronic Fixed Deposit R1k - 1m 6.25% - 7.55%

Savings accounts

Nedbank offers four types of savings accounts.

Min deposit R0. Highest rate of 6.75% for balances over R1,000,000.

Min deposit R0. Highest rate of 6.75% for balances over R250,000.

Min deposit R0. Highest rate of 6.7% for balances over R50,000.

Nedbank JustSave 4.25% - 5.75%

Min deposit R0. Highest rate of 5.75% for balances over R100,000.

Remember the primary benefit of a savings account is easy and quick access to your money.

Notice accounts

Nedbank offers one types of notice accounts.

Nedbank 32 Day Notice 5.45% - 7.3%

Pays interest from 5.45% up to 7.3% for balances over R500,000.

Notice accounts pay better interest rates than savings, however, you will need to give notice to the bank before you get access to your money.

Fixed deposits

Nedbank offers three fixed deposit products.

Min deposit R1,000. Up to 8.05% for deposits over R1,000,000.

Min deposit R1,000. Up to 8.05% for deposits over R250,000.

Min deposit R1,000. Up to 7.55% for deposits over R1,000,000.

Fixed deposits typically pay better rates than savings and notice accounts. Your rate is fixed throughout the term.
PS. Check out my Nedbank fixed deposit review or the Nedbank fixed deposit calculator to find out how much interest you can earn compared to other banks.