Introduction
We have reviewed our various account offerings and as a result will be discontinuing the Transactor Plus.
As you are a valued client, we want to ensure that you move to the most optimal account to suit your banking needs. The Nedbank Pay-as-you-use Account is the most ideal new account for you.
What's the difference between your old and new account? Find out below.
Product comparison table
Product Comparison Table Jan 2021 |
Unlocked.Me |
Nedbank Pay-as-you-use |
KeYona Plus |
KeYona Bundle |
Transaction Type |
|
|
|
|
Monthly maintenance fee |
Free |
Free |
115.00 |
R220.00 |
Cash withdrawal: point of sale device |
R2.00 |
R2.00 |
Free |
Free |
Cash withdrawal: Nedbank ATM |
R8.00 per R1000 |
R8.00 per R1000 |
4 Free then R2.20 per R100 |
Free |
Cash withdrawal: Other bank ATM |
R10.50 + R2.20 per R100 |
R10.50 + R2.20 per R100 |
R10.50 + R2.20 per R100 |
R10.50 + R2.20 per R100 |
Cash withdrawal: Nedbank branch |
R50.00 + R2.20 per R100 |
R50.00 + R2.20 per R100 |
R80.00 + R2.20 per R100 |
R80.00 + R2.20 per R100 |
Cash deposits: point of sale device |
R6.50 + R2.00 per R100 |
R6.50 + R2.00 per R100 |
R6.50 + R2.00 per R100 |
R6.50 + R2.00 per R100 |
Cash deposits: Nedbank Branch |
R50.00 + R2.00 per R100 |
R50.00 + R2.00 per R100 |
R80.00 + R2.00 per R100 |
R80.00 + R2.00 per R100 |
Cash deposits: Nedbank ATM |
R1.20 per R100 |
R1.20 per R100 |
Free |
Free |
Card swipes |
Free |
Free |
Free |
Free |
Electronic inter-account transfers |
Free |
Free |
Free |
Free |
Electronic 3rd party payment |
R2.20 |
R2.20 |
Free |
Free |
Balance enquiry (electronic and at a Nedbank ATM) |
Free |
Free |
Free |
Free |
What this means for you
- Your account number will remain unchanged.
- Your existing bank card will still work after you have moved to the new product. In some instances the new product will qualify you for a gold cheque card. Should you wish to change your card, please visit your nearest Nedbank branch.
- Any existing debit orders will be unaffected.
- You will save on your monthly maintenance fee if you migrate to the Nedbank Pay-as-you-use Account.
- If we have not received an instruction from you on the account you want to move to, you will be automatically moved to the Nedbank Pay-as-you-use Account as indicated on the SMS sent to you.
- The Nedbank Pay-as-you-use account comes with MyPockets, at no cost, to help you save and manage your money. Visit nedbank.co.za/mypocket for more information.
Remember to use digital channels such as online banking and the Money app to help you save on bank fees. Download the Money app today!
Need more info?
- Read more on the accounts we offer by clicking here.
- Call us on 0860 555 111.
- Visit your nearest branch today!