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Read about the Club account

Saving money as a group can be a powerful way to reach collective financial goals. Whether you’re part of a society, sports team, church, or informal community group, the Nedbank Club Savings Account offers the perfect mix of flexibility, security, and growth.

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Club

Last updated: May 31, 2025
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Interest Rate

Interest rates from 4.25% to 6.00% p/a.

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Access to funds

Instant access to funds.

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Opening Deposit

Opening deposit from as little as R100.

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Monthly Fees

Zero monthly account fees.

Tax Implications

Nedbank will issue an IT3(b) and/or IT3(s) certificate for interest earned. These certificates are needed to complete your annual income tax return (ITR12). You receive one free tax certificate each year. Additional certificates may incur a fee as listed in Nedbank’s pricing guide.

Read about the Club account

Saving money as a group can be a powerful way to reach collective financial goals. Whether you’re part of a society, sports team, church, or informal community group, the Nedbank Club Savings Account offers the perfect mix of flexibility, security, and growth.

Read More

What you need to apply

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South African Citizens

  1. Opening deposit of R30
  2. Your South African ID
  3. Proof of residence
    (not older than three months)
public

Non-South African Citizens

  1. Opening deposit of R30
  2. Valid Passport
  3. Proof of residence
    (not older than three months)
  4. Work/Resident permit
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Ways to apply

You can apply now on Buti.co.za, or alternatively, visit the bank’s website to apply through their platforms.

Savings Calculator



Interest Earned: R0.00

Total Savings: R0.00

What you need to apply

badge

South African Citizens

  1. Opening deposit of R30
  2. Your South African ID
  3. Proof of residence
    (not older than three months)
public

Non-South African Citizens

  1. Opening deposit of R30
  2. Valid Passport
  3. Proof of residence
    (not older than three months)
  4. Work/Resident permit
how_to_reg

Ways to apply

You can apply now on Buti.co.za, or alternatively, visit the bank’s website to apply through their platforms.