How to Spend Your Nedbank Greenbacks Balance

Nedbank Greenbacks

As a Nedbank Greenbacks member, you can earn Nedbank Greenbacks on all your eligible* card spend, which you can then use to redeem for a variety of exciting rewards offered to you by Nedbank. In conjunction with your Nedbank Greenbacks card, you can also use your American Express Credit or Cheque Card, to earn some bonus points. 

To spend your points you can choose from flights on one of our airline partners, weekends away, electronic gadgets, shopping vouchers, cash on a prepaid card, car rental, donations to charity, investments in Nedgroup Investments unit trusts – and much more.

What are the benefits?

  • Spend your Greenbacks 24/7 on the online mall
  • Find out at any time how many Greenbacks points you have
  • Points never expire, as long as you keep using your card
  • Transfer your Greenbacks to another Greenbacks member (friend or family) for free

The Greenbacks Rewards Programme has a monthly linkage fee of R17, which is charged in arrears. The good news is that you can link up to ten credit or cheque cards to your account at no additional fee, and you will earn Greenbacks rewards on the accumulated spend on all your cards, that’s a lot of spending opportunities!

You can visit https://nedbankgreenbacks.nedsecure.co.za/ to find out what your balance is, and spend your Greenbacks on a variety of purchases. You can track your Greenbacks balance on your SHOP Card online at any Nedbank ATM. You will also receive your monthly points balance by SMS, as well as quarterly statements.

Eligible spend excludes cash withdrawals, casino chip purchases, fuel transactions, finance or other charges, fees or taxes levied by Nedbank or government, purchases of travellers cheques or other negotiable instruments, budget account instalments, balance transfers and interest thereon, insurance premiums and internet transfers/payments.

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