Nedbank Rewards

Nedbank Rewards

Greenbacks Rewards is easy to understand and easy to use. You earn Greenbacks every time you swipe your linked Greenbacks card on eligible spend.

Choose how you spend your rewards, your rewards are automatically loaded onto your FREE SHOP Card which you can use at over 100 000 stores, withdraw as cash from any ATM and even use it overseas…The Choice is yours.


In addition to spending your Greenbacks your way, you can also go online at nedbankgreenbacks.co.za to spend your Greenbacks on anything you like from travel to shopping.

Important Notice

From 1 January 2017  there will be a change to the Greenbacks earn rate  on Nedbank Cheque cards.

The change is shown in the table below.Earn rate comparison table




Card Type Greenbacks (GB) earn rate per card type  Consumer and Small Business Services CardsMaximum eligible spend Rand value per month per card to earn GreenbacksCorporate CardsMaximum eligible spend Rand value per month per card to earn Greenbacks 
Nedbank credit cardR10 = 2 GB R10 000 R50 000 
Nedbank cheque cardR10 = 1 GB R5 000 R10 000 
Greenbacks American Express cardsR10 = 4 GB Unlimited Unlimited 

The best way to earn rewards Faster is with your Nedbank Greenbacks American Express Card/s

You can earn rewards faster when you swipe your Nedbank Greenbacks American Express Card, and unlimited Greenbacks on all eligible spend.

Your Nedbank Greenbacks American Express Card/s is accepted at over 100 000 stores nationally.

Hundreds of thousands of clients have chosen to earn rewards faster using their Nedbank Greenbacks American Express Card/s, why shouldn’t you?Greenbacks linkage fees from 1 April 2018


Fee Consumer and Small Business Services CorporateCardholder accrues points CorporateCompany accrues points  
Monthly  linkage feeR20,18 
Annual  linkage feeR242,11 R443,86