What you get
A savings account for groups of 3 or more, with no maximum limit on members
Free cash and cheque deposits
Two free monthly withdrawals
Competitive monthly interest rates
To apply for this account
You must be a member of a group, society or stokvel
Your group must have at least 3 members
Documents you'll need
Save better, together
The Nedbank Club Savings Account helps groups save towards shared goals while earning interest on their combined savings. The more you save, the more you earn. It’s available to clubs and groups across the country, with support to distribute dividends in a way that works best for your members.
Other investments you might like
Fixed Deposit
Put your money away for a fixed term of your choice and earn a higher interest rate, paid out at the end of your term.
Zero
3.15-4.95 %
E1,000
End of term
Notice Deposit
Earn a competitive interest rate while your money is invested, and when you’re ready, simply give notice and plan the payout date that suits you.
Zero
2.05-3.15 %
E5,000
24 hours
Ngeyakho Savings Account
The Ngeyakho Savings Account is a simple, card‑based account for everyday transactional convenience for people earning E1,500 or less, including pensioners.
Zero
2.10 %
E1,500
Immediate
Ready to invest?
Get startedAlternatively, visit any Nedbank branch or call +268 2408 1000 and speak to a sales consultant.



