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Read about the EasyAccess Deposit account

Looking for a savings product that offers both fixed returns and the flexibility to access your funds? The Nedbank EasyAccess Deposit is your perfect match. Invest a lump sum of R25,000 or more for 12 months and enjoy guaranteed interest rates up to 8.03%.

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EasyAccess Deposit

Last updated: May 28, 2025
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Interest Rate

Interest rate: 6.50% – 7.75% nominal p.a.

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Access to funds

Access: Up to 2 withdrawals (R1,000+), not exceeding 50% of original investment.

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Opening Deposit

Minimum opening deposit R25,000.

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Monthly Fees

Monthly fee is R0.00.

Tax Implications

During tax season, SARS requires you to submit an income tax return (ITR12). Nedbank will provide tax certificates (IT3(b) and/or IT3(s)) annually to help you declare interest and dividend income. The EasyAccess Deposit is not a tax-free product, so earnings will be taxable according to SARS rules.

Read about the EasyAccess Deposit account

Looking for a savings product that offers both fixed returns and the flexibility to access your funds? The Nedbank EasyAccess Deposit is your perfect match. Invest a lump sum of R25,000 or more for 12 months and enjoy guaranteed interest rates up to 8.03%.

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)
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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.

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.