Read about the Platinum Invest account
If you’re looking to get more out of your money in the short term without sacrificing access or flexibility, Nedbank’s Platinum Invest might be the perfect fit. With rates climbing as high as 8.30% for the first three months, it’s a smart move for individuals, small businesses, and private wealth clients.
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Interest Rate
Earn interest daily with monthly capitalization.
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Access to funds
Withdrawals require a minimum of 24 hours’ notice.
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Opening Deposit
Minimum opening deposit R500.
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Monthly Fees
No monthly fees or commissions.
Tax Implications
You will receive an IT3(b) certificate annually summarizing interest and dividend income. If you hold a Tax-Free Savings Account, you will also get an IT3(s) certificate. These documents are required for completing your annual tax return with SARS. One free tax certificate is provided per year; additional certificates are charged per the pricing guide.
Read about the Platinum Invest account
If you’re looking to get more out of your money in the short term without sacrificing access or flexibility, Nedbank’s Platinum Invest might be the perfect fit. With rates climbing as high as 8.30% for the first three months, it’s a smart move for individuals, small businesses, and private wealth clients.
Read More
What you need to apply
- Opening deposit of R30
- Your South African ID
- Proof of residence
(not older than three months)
- Opening deposit of R30
- Valid Passport
- Proof of residence
(not older than three months)
- Work/Resident permit
You can apply now on Buti.co.za, or alternatively, visit the bank’s website to apply through their platforms.
