Nedbank JustSave Review for March 2026
Introduction
The Nedbank JustSave is a savings account offered by Nedbank. Unlike notice or fixed deposits, savings accounts allow quick and easy access to your money.
This page summarises interest rates offered by Nedbank JustSave and compares them to South Africa's savings account industry average. So you can get a good idea how the interest rates offered by Nedbank JustSave compare to other banks.
Nedbank JustSave is an immediate-access savings account with tiered rates.
Nedbank JustSave highlights
last updated 1st March 2026 by Walter
- The Nedbank Platinum Invest offers interest rates 6.75% and accepts investments from R1
- The Nedbank Tax-free Savings Account offers interest rates 6.75% and accepts investments from R1
- The Nedbank MoneyTrader offers interest rates 6.70% and accepts investments from R50,000
Nedbank JustSave
This table shows Nedbank JustSave's interest rates for a R10,000, R20,000, R100,000, R1,000,000 and R5,000,000 investment in Nedbank JustSave versus the industry average.
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R10,000 | 4.25% #16 out of 24 | 4.83% | - R 58 |
| R20,000 | 4.25% #17 out of 25 | 4.88% | - R 125 |
| R100,000 | 5.75% #18 out of 31 | 5.50% | + R 248 |
| R1,000,000 | 5.75% #18 out of 28 | 5.45% | + R 2,964 |
| R5,000,000 | 5.75% #18 out of 28 | 5.49% | + R 12,768 |
- 1 industry average refers to the average interest rate across all other savings accounts for the given investment amount
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than Nedbank JustSave.
| Investment amount | Nominal | Industry average1 | Earnings vs average2 |
|---|---|---|---|
| R10,000 for 0+ | 4.25% | 4.83% | - -58 |
| R20,000 for 0+ | 4.25% | 4.88% | - -125 |
| R100,000 for 0+ | 5.75% | 5.50% | + 248 |
| R1,000,000 for 0+ | 5.75% | 5.45% | + 2,964 |
| R5,000,000 for 0+ | 5.75% | 5.49% | + 12,768 |
- 1 industry average refers to the average interest rate across all other banks
- 2 the amount of interest you will be able earn over and above the average.
A negative amount means that the average savings account in South africa will give you more than Nedbank JustSave.
You get a 5.75% interest rate at Nedbank JustSave for a R5,000,000 investment. The industry average for a savings account with a balance of R5,000,000 is 5.49%. Over one year you will earn R12,768 more in interest at Nedbank JustSave compared to the average savings account.
Here are other similar savings accounts in South Africa which require a minimum deposit between R0 - R250,000
| Account | Min Deposit | Rate |
|---|---|---|
| Access Bank Savings | R1 | 6.00% |
| Access Bank Call | R1 | 6.00% |
| African Bank Savings Pocket | R1 | 5.50% |
| BankZero Savings | R1 | 6.25% |
| Bidvest Bank Call Account | R1,000 | 6.15% |
| Capitec Savings | R0 | 5.75% |
| FNB Savings Account | R1 | 6.00% |
| Investec MoneyFund Tracker | R250,000 | 6.27% |
| Investec Call Deposits | R100,000 | 6.15% |
| Standard Bank SaveUp | R0 | 6.30% |
| Standard Bank MoneyMarket Call Account | R20,000 | 5.55% |
| TymeBank GoalSave | R1 | 6.00% |