Nedbank is rated among the top banking and financial institutions in South Africa. Established in 1888, this bank now employs over 28,000 employees with market capitalisation standing at R89.6 billion.The many years of existence and experience has given Nedbank the necessary insight that youth is the future of banking in South Africa. This insight is what led to the introduction of the Nedbank 4Me account.
This product offering is designed for children below the age of 18 years. It is Nedbanks belief that a culture of good financial management and saving should be inculcated in young people at a tender age.This account is therefore a transactional account and its offered in three kinds.These are Nedbank4me account for those between the ages of 0 to 15 years, Dezign student account for those between the ages of 16 to 18 and Save4me account which is a savings account with a 24 hours notice period.
Some of the features and benefits of this account include no monthly maintenance fee, a VISA debit card is offered which allows for cash withdraws at any ATM and two free cash withdraws from any Nedbank ATM per month, interest rates offered are generally higher than those of normal savings accounts and there is free access to Nedbank App suite.
Nedbank can be contacted on 0860555111.