2021 PRICING - Nedbank

[Pages:56]2021 PRICING

All fees quoted include VAT and are effective from

1 January 2021 to 31 December 2021

Nedbank Ltd Reg No 1951/000009/06. Authorised financial services and registered credit provider in terms of the National Credit Act (NCRCP16).

All fees quoted are VAT inclusive and are effective from 1 January 2021 to 31 December 2021

CONTENTS

Everyday banking

? MobiMoney ? Nedbank Pay-as-you-use ? Savvy Plus ? Savvy Bundle

Youth

? Nedbank4me Account ? Unlocked.Me

Seniors

? Optimum

Credit cards Personal loans Home loans Savings and investments

? My Pocket ? Investment fees ? N-5000 Account ? Money Market Investment Account

Foreign exchange

WELCOME TO OUR HANDY PRICING BROCHURE FOR 2021.

Nedbank is committed to making its fee structures simple, transparent and easy to understand. Check whether you still have the right account for your individual needs. You can call us on 0860 555 111 (office hours), where consultants will answer all your questions about fees.

It costs less to use online

TIP and mobile channels like the Nedbank Money app

All fees quoted are VAT inclusive and are effective from 1 January 2021 to 31 December 2021

CONTENTS

Everyday banking

? MobiMoney ? Nedbank Pay-as-you-use ? Savvy Plus ? Savvy Bundle

Youth

? Nedbank4me Account ? Unlocked.Me

Seniors

? Optimum

Credit cards

Personal loans

Home loans

Savings and investments

? My Pocket ? Investment fees ? N-5000 Account ? Money Market

Investment Account

Foreign exchange

MOBIMONEY

Everyday banking / MobiMoney

Some of the cool things you can do using MobiMoney Account:

? Send and receive money. ? Buy airtime and electricity. ? Deposit up to R4 000 for free. ? Pay DSTV account.

Who qualifies?

? Individuals over the age of 16 with a valid South African identity document.

Other great benefits:

? Zero monthly maintenance fee. ? No documents required. ? No need to carry cash.

What you need to apply?

? A cellphone. ? Your name and surname. ? Your valid South African identity number.

Fee per transaction Buy prepaid airtime Buy prepaid electricity Send from one MobiMoney Account to another MobiMoney Account Deposit at a Nedbank ATM

Withdraw from a Nedbank ATM

Send money from a MobiMoney Account to any cellphone (Pay to your cellphone number) Pay bank defined beneficiary (e.g DSTV, Foschini)

Free Free Free Deposit up to R4 000 for free each month, thereafter R5,00 per R100 First withdrawal for free each month, thereafter R10,00 per withdrawal R10,00

R5,00

Transaction limits Maximum funds held in Wallet Withdrawal daily limit Payment daily limit Prepaid electricity daily limit Prepaid airtime / data daily limit Cellphone or MobiMoney daily limit

Anytime - R24 000 R4 000 R4 000 R1 000 R1 000 R2 500

HOME

All fees quoted are VAT inclusive and are effective from 1 January 2021 to 31 December 2021

CONTENTS

Everyday banking

? MobiMoney ? Nedbank Pay-as-you-use ? Savvy Plus ? Savvy Bundle

Youth

? Nedbank4me Account ? Unlocked.Me

Seniors

? Optimum

Credit cards

Personal loans

Home loans

Savings and investments

? My Pocket ? Investment fees ? N-5000 Account ? Money Market

Investment Account

Foreign exchange

NEDBANK PAY-AS-YOU-USE ACCOUNT

Everyday banking / Nedbank Pay-as-you-use

Each month you get:

? free gold cheque card;

No monthly maintenance fees

? free card swipes;

? free internal debit and stop orders; and

? free interaccount transfers and balance enquiries at self-service(2) channels.

Account maintenance fee

Transaction fees Choose a cheaper channel, save on bank fees

Nedbank Online Banking / Money app /SMS Banking (2.4)

Cash deposits

Nedbank ATM

-

Participating retailers point-of-sale devices(1) -

ATM /Card

R1,20 per R100 R6,50 + R2,00 per R100

R0,00(3) per month Branch

R50,00 + R2,00 per R100 -

Cash withdrawals

Participating retailers point-of-sale device(1) -

Nedbank ATM

-

ATM of another bank

ATM of an international bank(5)

-

R2,00 R8,00 per R1 000 or part thereof R10,50 + R2,20 per R100 R55,00 + R2,20 per R100

R50,00 + R2,20 per R100

-

HOME

All fees quoted are VAT inclusive and are effective from 1 January 2021 to 31 December 2021

CONTENTS

Everyday banking

? MobiMoney ? Nedbank Pay-as-you-use ? Savvy Plus ? Savvy Bundle

Youth

? Nedbank4me Account ? Unlocked.Me

Seniors

? Optimum

Credit cards

Personal loans

Home loans

Savings and investments

? My Pocket ? Investment fees ? N-5000 Account ? Money Market

Investment Account

Foreign exchange

NEDBANK PAY-AS-YOU-USE ACCOUNT

Everyday banking / Nedbank Pay-as-you-use

Transaction fees Choose a cheaper channel, save on bank fees

Payments and transfers Transfer between your own Nedbank accounts To a third party bank account Instant-payment up to R2 000 Instant-payment over R2 000 Pay to cellphone number(6): - R1 to R1 000 - R1 000 to R2 500 Debit order (internal) Debit order (external) Stop order Stop-payment instruction

Nedbank Online Banking / ATM /Card Money app /SMS Banking (2.4)

Free

R2,20 R10,00 R49,00

R10,00 R14,00 Free R5,50 Free R5,00

Free

-

-

Purchases and top-ups

Debit or cheque card swipe

-

Garage card transaction

-

Prepaid top-up (data, airtime and electricity) R1,50 Nedbank ATM

Prepaid top-up at ATM of another bank

-

LOTTO purchase

R2,70

Free R4,30 R1,50

R8,50

Branch

R99,90

R150,00 -

R65,00

-

-

Notification fees

eNote SMS notifications

R0,50 per SMS

-

-

Third-party payment notifications on Nedbank Online Banking/Nedbank Money app

- SMS

R1,15

-

-

- Email

R1,15

-

-

- Fax

R15,00

-

-

No-funds Alert(10)

R10,00 per SMS

-

-

HOME

All fees quoted are VAT inclusive and are effective from 1 January 2021 to 31 December 2021

CONTENTS

Everyday banking

? MobiMoney ? Nedbank Pay-as-you-use ? Savvy Plus ? Savvy Bundle

Youth

? Nedbank4me Account ? Unlocked.Me

Seniors

? Optimum

Credit cards

Personal loans

Home loans

Savings and investments

? My Pocket ? Investment fees ? N-5000 Account ? Money Market

Investment Account

Foreign exchange

NEDBANK PAY-AS-YOU-USE ACCOUNT

Everyday banking / Nedbank Pay-as-you-use

Transaction fees Choose a cheaper channel, save on bank fees

Balance enquiries Nedbank ATM of another bank International Bank's ATM

Nedbank Online Banking / ATM /Card Money app /SMS Banking (2.4)

Free Free

Free R8,50 R9,00

Branch

R15,00 -

Transaction lists Nedbank

Free

R8,50

R30,00

Statements Per month

Per month older than three months Current month (bank-certified)(7) Three months (bank-certified) Posted Tax certificates excluding current year

Free

R10,00 -

One free per billing cycle, thereafter R8,50 -

R30,00 -

R30,00

R30,00 R30,00 R30,00

Declined transaction fees due to insufficient money Nedbank ATM Point-of-sale device ATM of another Bank Dishonoured debit order(9) Honouring fee per item

Free R90,00

Free

-

R8,60

-

R8,60

-

-

-

-

-

Disputed debit order fee Nedbank ATM

R5,00

-

R30,00

HOME

All fees quoted are VAT inclusive and are effective from 1 January 2021 to 31 December 2021

CONTENTS

Everyday banking

? MobiMoney ? Nedbank Pay-as-you-use ? Savvy Plus ? Savvy Bundle

Youth

? Nedbank4me Account ? Unlocked.Me

Seniors

? Optimum

Credit cards

Personal loans

Home loans

Savings and investments

? My Pocket ? Investment fees ? N-5000 Account ? Money Market

Investment Account

Foreign exchange

NEDBANK PAY-AS-YOU-USE ACCOUNT

Everyday banking / Nedbank Pay-as-you-use

Transaction fees

Other service charges Overdraft facility fee(8) Visa/Mastercard debit card service fee Card replacement fee Request for copy of transaction voucher: - Local - International

R49,00 Free R145,00

R150,00 per voucher R150,00 per voucher

Notes

1 This fee applies at all stores where the cash-at-tillpoint service is offered.

2 Self-service channels include Nedbank ATMs, SMS Banking, Online Banking and the Nedbank Money app.

3 An additional monthly fee of R48,00 is applicable to non-resident clients.

4 Excludes rates charged by network providers.

5 An international currency conversion fee of 2% (based on the rand value of the transaction) applies to all transactions done outside South Africa. For example, if you swipe your card overseas for the rand equivalent of R500, the fee will be R10,00.

6 Send money quickly and securely to any South African cellphone.

7 A billing cycle runs from the third-last business day of the month to the fourth-last business day of the following month. Your transaction list will show the fees for all transactions that you did in the previous billing cycle. In other words, you are billed one month in arrear.

8 Facility fees, while prescribed by the National Credit Act, may differ for internal banking segments.

9 A dishonouring fee is charged when we can't process a payment on your account because there is not enough money in the account.

10 The No-funds Alert SMS will help you to avoid this fee, by letting you know that there is not enough money and giving you the opportunity to put money in your account. Cost for SMS will be charged at R10,00. For more information please visit nedbank.co.za

HOME

All fees quoted are VAT inclusive and are effective from 1 January 2021 to 31 December 2021

CONTENTS

Everyday banking

? MobiMoney ? Nedbank Pay-as-you-use ? Savvy Plus ? Savvy Bundle

Youth

? Nedbank4me Account ? Unlocked.Me

Seniors

? Optimum

Credit cards

Personal loans

Home loans

Savings and investments

? My Pocket ? Investment fees ? N-5000 Account ? Money Market

Investment Account

Foreign exchange

SAVVY PLUS ACCOUNT

Everyday banking / Savvy Plus account

Each month you get:

R115,00

per month

? a Nedbank Gold Cheque card;

? unlimited free card swipes;

? unlimited free eNote SMS notifications;

? unlimited free cash withdrawals at Participating retailers point-of-sale devices(1);

? Four Nedbank ATM withdrawals;

? unlimited free cash deposits at Nedbank ATMs; and

? unlimited free debit and stop orders and interaccounts transfers

Account maintenance fee Out-of-bundle pay-as-you-use fees Choose a cheaper channel, save on bank fees

Cash deposits Nedbank ATM

Participating retailers point-of-sale devices(1)

Nedbank Online Banking /

ATM /Card

Money app /SMS Banking(2.4)

R115,00(3) per month Branch

-

Free

R80,00 + R2,00 per

R100

-

R6,50 + R2,00 per -

R100

HOME

All fees quoted are VAT inclusive and are effective from 1 January 2021 to 31 December 2021

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