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

What you get

Credit interest on your positive account balances

A Visa debit card for ATM withdrawals and payments online and on point-of-sale devices

Funeral cover to the value of E2,000 if your account is active

24/7 access to your account on the Money app and Online Banking

The benefit of paying only for the transactions you make

To apply for this account

You must be 18 years or older

You must be earning a gross monthly income of E1,500 or less

You'll need to have an opening deposit of at least E20 which must also be maintained monthly

Documents you'll need

A valid ID or passport
Latest payslip or proof of income
Supporting documents if you are a pensioner

Save as you bank

The Ngeyakho Savings Account offers an easy entry into everyday banking. It is a card‑based account that lets you manage your money, receive income, and do daily transactions with ease.

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 started

Alternatively, visit any Nedbank branch or call +268 2408 1000 and speak to a sales consultant.