Just like other big banks in South Africa, Nedbank has a system that supports the country’s education through assisting tertiary students with loans through a financial service called the Nedbank Dezign Student Credit Card.
This facility is offered in form of a current account and provides a range of benefits and free transactions for a fixed amount of R18 per month.
Who should apply for this account?
Are you a full-time student aged between the ages of 16 and 26? If so, you are the right candidate for this account. The account was designed in such a way that it is affordable for students hence its reasonable cost and offers a range of free transactions.
Upon applying for an account, students will get a Nedbank Dezign Student Debit Card which they can use to swipe at till points when purchasing, as well as withdrawing cash from ATMs. Last but not least, the account offers free access to Personal Money Manager, an online budgeting financial facility for internet banking users which enables clients to track their income, expenditure and fees on their accounts.
The Nedbank Dezign Student Credit Card comes with quite a number of benefits and features. Holders of the account get the following for one fixed monthly fee:
-
Free cash withdrawals at Nedbank ATMs
-
Free unlimited electronic interaccount transfers
-
Free unlimited electronic account payments
-
Free debit and stop orders
-
Free Visa Maestro debit card purchases
-
Free balance enquiries through Nedbank, ATMs and self service channels
-
Free statetement enquiries through Nedbank, ATMs and internet banking and self service terminals (SSTs)
-
Self service banking subscription (banking via the internet, phone, Nedbank ATMs and SSTs).
Nedbank can be contacted on 0860555111.