Nedbank MoneyTrader Review for March 2026

Last updated 1st March 2026 by Walter

Introduction

The Nedbank MoneyTrader 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 MoneyTrader 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 MoneyTrader compare to other banks.

The Nedbank MoneyTrader is a money market investment account offering highly competitive rates that are linked to money market conditions.

Nedbank MoneyTrader highlights

last updated 1st March 2026 by Walter

R50k
min deposit
6.70%
interest rate
PS. Did you know that Nedbank also offers the following

Nedbank MoneyTrader

This table shows Nedbank MoneyTrader's interest rates for a R100,000 investment in Nedbank MoneyTrader versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R100,000
6.70%
#6 out of 31
5.50%
+ R
1,198
  • 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 MoneyTrader.
How to read this table?

You get a 6.7% interest rate at Nedbank MoneyTrader for a R100,000 investment. The industry average for a savings account with a balance of R100,000 is 5.50%. Over one year you will earn R1,198 more in interest at Nedbank MoneyTrader compared to the average savings account.

Here are other similar savings accounts in South Africa which require a minimum deposit between R1 - R100,000