Nedbank 3 Month Fixed Deposit

Nedbank 3 Month Fixed Deposit

The interest rate for this fixed deposit account is for a term of 88 days or approx 3 months and is applicable to clients younger then 55 years of age with interest options including Monthly/ Quarterly/ Half yearly of the deposit. The balance required is R1000 or more.  Interest on expiry.


Compare Nedbank Deposit rates

Account NameRate
Nedbank 1 Year Fixed Deposit7.44%
Nedbank 6 Month Fixed Deposit6.84%

Features and benefits

  • A minimum investment amount of R5 000.
  • You can choose an investment period from 1 month to 60 months.
  • You earn a competitive, market-related, fixed interest rate.
  • Interest may be paid monthly, quarterly, half-yearly, annually or on maturity.
  • No additional deposits allowed.
  • Your capital and your interest rate are guaranteed – you will always get out more than what you put in.
  • No monthly fees and commissions.
  • Preferential rates apply if the account is opened and maintained exclusively on Money app or Online Banking.

* Interest rates offered are subject to confirmation when the funds are received by Nedbank.


What you need to apply?

  • Your valid South African barcoded ID, smart ID card or passport (for non-residents)
  • New clients will need:
  • Proof of residence; such as a utility bill, rental invoice or phone account that displays your name and physical address and is not older than 3 months.

Additional benefits

  • Link the account to an electronic banking profile. Which means all maintenance – can be done on your digital banking profile.
  • Nedbank Affinity programme – support a cause through our Affinities Programme at no cost to you. Nedbank will make a contribution to the affinity of your choice when you open an affinity-linked investment.