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Diamond Savings Account
The account that shows more interest, the more you save
If you’ve noticed how quickly your salary vanishes – if you despair over being able to accumulate enough funds to do the things you really want to do, buy the things you dream of - then Nedbank’s Diamond Savings account is for YOU.
The high-return savings account helps you make the most out of your money. This ensures that you have enough saved for a rainy day, a trip overseas, a new lounge suite, or for those straightforward occasional cash transactions.
A Nedbank Savings account is the solution
- when you want to accumulate funds over the short or medium term – for a specific goal. If you want to have access to your cash in case of emergency
- if you’re a student – just setting out on your career – or perhaps a married woman returning to work and needing instant access to your cash without hassle or restrictions
And here’s how to make the most of it
Decide how much of your income you need to put aside each month in order to achieve your personal target. Then make sure you put it into your savings account before you allocate the rest of your salary to other expenses. Because if you save only what’s left over, you may end up saving nothing at all.
The simple, straightforward way to manage your money
Your financial situation might not be complex enough to justify a cheque account, in which case you can use a Nedbank savings account for your everyday money management – and earn interest rates on every dollar you save!
As your savings grow – your interest rate goes up
You can open an account with N$300 and maintain it with as little as N$50 on your Nedbank savings account. Interest is calculated on your daily balance and credited monthly to your account. Interest rates are market-related and therefore fluctuate, but – because it’s a Nedbank account – you can be sure they will always be competitive. Also, the interest rate rises steadily as your savings increase. Consult any Nedbank branch for the latest interest rate to see how much you can expect to earn on your savings.
Your account is accessible
As a personal saver, you may deposit and withdraw as much or as little as you like – as frequently as you wish, even after hours.You can deposit and withdraw your money with your ATM card via any Nedbank ATM during office hours, after hours and over weekends. Or you can carry out transactions at any Nedbank branch throughout the country.
We help you keep track of what goes in and out
You’ll receive a statement detailing your transactions. With your Nedbank Card you can also draw a statement at any of our automatic teller machines or self - service terminals (SSTs).
Open a Diamond Savings account today at your local Nedbank branch. This way you will be able to afford the things you really want – while saving for a rainy day.
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