Read about the OptimumPlus account
If you’re over 55 and looking for a safe way to grow your savings, Nedbank’s OptimumPlus Fixed Deposit might be your perfect match. With guaranteed returns, flexible terms, and exclusive interest rates for seniors, it’s designed to give you peace of mind.
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Interest Rate
Interest rates vary based on balance and investment duration.
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Access to funds
A choice of terms ranging from 1 to 60 months.
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Opening Deposit
Minimum Deposit R5,000.
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Monthly Fees
Monthly fee is R0.00.
Tax Implications
You will receive a tax certificate IT3(b) annually, summarizing all earned interest. Submit this with your SARS income tax return (ITR12). No tax is automatically deducted from your investment, but your returns must be declared.
Read about the OptimumPlus account
If you’re over 55 and looking for a safe way to grow your savings, Nedbank’s OptimumPlus Fixed Deposit might be your perfect match. With guaranteed returns, flexible terms, and exclusive interest rates for seniors, it’s designed to give you peace of mind.
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.
