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User Ratings
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Overall Rating
Service Rating
% Recommended
81 % from 68 reviews
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Overall Rating
Service Rating
% Recommended
100 % from 6 reviews
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Overall Rating
Service Rating
% Recommended
100 % from 16 reviews
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Overall Rating
Service Rating
% Recommended
83 % from 6 reviews
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In-Package Fees
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Calculating Transactions in Package
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There are unlimited free transaction in the package. All transactions above marked "In Package" are included.
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All transactions billed on a pay-as-you-transact basis.
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All transactions billed on a pay-as-you-transact basis.
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All transactions billed on a pay-as-you-transact basis.
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Refund Limits
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Product Features
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Reward Programme Comments
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Overdraft Facility Comments
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Maximum of R500 Overdraft
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SMS Notifications
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Positive Interest
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Product Bundling Comments
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Switching Comments
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Other Features Comments
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Access to Nedbank's Client Select Service contact centre and email enquiries service
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Roadside Assitance with Petrol Card
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Roadside Assitance with Petrol Card
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Interest
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Best Expected Rate
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0.0%
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1.0%
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6.4%
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1.0%
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Best Expected Rate Comment
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0.0%
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0.0%
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0.0%
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0.0%
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Credit Interest
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0.00% Flat
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R0-R49999 = 0.40%
R50000-R74999 = 0.40%
R75000-R99999 = 0.40%
R100000 and up = 1.00%
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6.39% Flat
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R0-R49999 = 0.40%
R50000-R74999 = 0.40%
R75000-R99999 = 0.40%
R100000 and up = 1.00%
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Credit Interest Comments
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Rate Fluctuate daily - we use a monthly average
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Debit Interest
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13.0% Flat
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13.0% Flat
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0.0% Flat
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13.0% Flat
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Debit Interest Comments
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Varies from prime up (expect Prime + 4%)
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Varies from prime up (expect Prime + 4%)
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No overdraft
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Varies from prime up (expect Prime + 4%)
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Bank Charges
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Typical Monthly Bank Charges
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80.00
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129.33
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93.28
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21.61
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Typical Monthly Bank Fees
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80.00
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130.12
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105.90
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22.40
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Typical Monthly Interest Charges
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0.00
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-0.79
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-12.62
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-0.79
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Criteria
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Min Age
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Min Annual Salary (R)
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36000
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0
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0
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0
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Colour Status Level
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Entry
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Youth
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Entry
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Youth
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Other Criteria
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Age between 18-24 (Depending on age and income, may need consent from a legal guardian and / or support from a guarantor)
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Minors must be assisted by parent or legal guardian
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Full time Students between 18-24 (Depending on age and income, may need consent from a legal guardian and / or support from a guarantor)
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Min Balance
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200
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Max Balance
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Max Age
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Subscription Fees
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Membership Fees Comments
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You must maintain a minimum balance of R200.
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Basic Membership Fee
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R79.00 per month
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Free
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R26.50 per month
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R12.50 per month
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Petrol Card Fee
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Free
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Not applicable
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Not applicable
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Free
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Reward Programme Fee
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Free
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Not applicable
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Not applicable
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Not applicable
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Secondary Card Fee
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Free
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Not applicable
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R100.00 per card per year
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Not applicable
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Internet Banking Fee
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Free
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Free
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Free
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Free
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Card Replacement Fee
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R50.00
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R50.00
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R100.00
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R44.00
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Card Delivery Fee
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R127.00
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R127.00
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Free
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Free
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Min Monthly Service Fee
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Cheque Card Fee
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Free
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R105.00 per year
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Not applicable
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Free
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Debit Card Fee
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Free
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Free
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Free
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Free
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Overdraft Fee
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R5.50 up to R5000. R11 up to R10000. R16.50 for R10001 and over
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R12.00
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No overdraft
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No overdraft
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Enquiry Fees
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ATM Account Enquiry Fee
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Free
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R1.50 Per transaction
1 Free per month
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R3.00 Per transaction
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Free
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Branch Account Enquiry Fee
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Free
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R2.50 Per transaction
1 Free per month
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R5.00 Per transaction
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Free
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ATM Statement Enquiry Fee
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Free
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R3.90 Per transaction
1 Free per month
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R8.00 Per transaction
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Free
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Branch Statement Enquiry Fee
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R10.00 Per transaction
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R10.00 Per transaction
1 Free per month
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R8.00 Per transaction
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Free
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Account Enquiry Comments
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Transaction Fees
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Fuel Transaction Fee
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Free
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Not applicable
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Not applicable
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Free
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Branch Transfer Fee
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R12 Flat Fee
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R8.40 Flat Fee
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R15.00 Flat Fee (over the phone)
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R10 Flat Fee
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Electronic Transfer Fee
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Free
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R3.80 Flat Fee
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R3 Flat Fee
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Free
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Electronic Payment Fee
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Free
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R5.30 Flat Fee
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R3 Flat Fee
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Free
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Branch Payment Fee
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R12 Flat Fee (Same as Branch Transfer)
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R8.40 Flat Fee
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R15 Flat Fee (over the phone)
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R10 Flat Fee (Same as Branch Transfer)
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ATM Deposit Fee
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R14.00 PLUS R1.20 per R100 or part thereof.
1 Free per month
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R4.00 plus R1.25 per R100 or part thereof
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R4.00 plus 0.4% of value of transaction
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R1.05 per R100 or part thereof
1 Free per month
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Branch Deposit Fee
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R14.00 PLUS R1.20 per R100 or part thereof.
1 Free per month
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R4.00 plus R1.25 per R100 or part thereof
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R4.00 plus 0.4% of value of transaction
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R1.05 per R100 or part thereof
1 Free per month
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Cheque Deposit Fee
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Free
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Free
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R3.50 Flat Fee
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Free
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Prepaid Airtime Transaction Fee
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Free
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R1.00 Per transaction
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R3.00 Per transaction
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Free
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Own ATM Withdrawal Fee
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R3.50 PLUS R1.00 per R100
4 Free per month
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R3.50 PLUS R1.20 per R100 or part thereof
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R3.50 for the first R100 plus 0.90 per R100 thereafter
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Free
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Other ATM Withdrawal Fee
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R19.50 plus R1 per R100
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R9.50 plus R1.20 per R100 or part thereof
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R6 for the first R100 plus R1.00 per R100 thereafter (No branches so same as Saswitch)
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R8,00 plus R0,95 per R100
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Branch Withdrawal Fee
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R36 PLUS R1.20 per R100 or part thereof
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R25 PLUS R1.20 per R100 or part thereof
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R5 for the first R100 plus R0.90 per R100 thereafter (No branches so same as Saswitch)
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R1.15 per R100 or part thereof; min R17
1 Free per month
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International Withdrawal Fee
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R28 plus R1.20 per R100 or part thereof.
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R28.00 plus R1.20 per R100 or part thereof.
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R40 Flat Fee
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R23,25 plus R0,95 per R100 or part thereof.
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Cheque Service Fee
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R15 Flat Fee
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R5.70 for values from R1 to R499; R11.50 for values from R500 to R1 499; R18 for values of R1 500 or more (Owing to the complexity of this fee structure. the modelled fee varies slightly from the actual fee - email contactus@thinkmoney.co.za for more information
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No Cheques. Use electronic payment fee as substitute.(R3 Flat Fee)
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Free
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Stop Order Internal Fee
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Free
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R11.00 Flat Fee
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Free
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Free
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Stop Order External Fee
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Free
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R11.00 Flat Fee
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R6.00 Flat Fee
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Free
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Debit Order Internal Fee
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Free
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R6.00 Flat Fee
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Free
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Free
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Debit Order External Fee
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Free
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R9.00 Flat Fee
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R5.25 Flat Fee
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Free
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Point of Sale Withdrawal Fee
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R3.65 Flat fee
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R3.65 Flat fee
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R3.00
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R3.25 Flat fee
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Point of Sale Deposit Fee
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N/A
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N/A
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N/A
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R1.15 per R100 or part thereof
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Point of Sale Purchase Fee
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Free
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R3.65 Flat Fee
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R3 Flat Fee
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Free
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