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Senior Account

A full service transactional account if you are 55 years and over. Maintain a N$10 000 investment account and you can enjoy significant fee reductions on your transactional account plus the convenience of free digital banking anytime, anywhere all for a monthly fee of N$55.00.
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A full service transactional account if you are 55 years and over. Maintain a N$10 000 investment account and you can enjoy significant fee reductions on your transactional account plus the convenience of free digital banking anytime, anywhere .

Income Criteria

N/A 

Account Opening Requirements

  • Residents who are 55 years of age and older
  • Namibian idenetity document or valid passport
  • KYC requirements and credit checks must be met (where applicable)

Benefits Included

  • Free POS swipes at all till points
  • Free own account transfers and account payments
  • Free mobile app and internet banking subscription
  • Free cellphone banking subcription (USSD *140*001#)
  • Low ATM withdrawal fees
  • Credit interest from a minimum balance of N$10 000
  • Gold Cheque Card that allows online purchases and PayToday transactions 
  • Debit Card that allows Cash Back transactions
  • Credit card, overdraft and personal loan (subject to approval)
  • Home and vehicle loans
Monthly Fees
ATM withdrawal FREE (Unlimited use)
Swipe transactions FREE (Unlimited use)
Mobile banking transactions FREE (Unlimited use)
Internet banking transactions FREE (Unlimited use)
Debit/Standing orders FREE (Unlimited use)
Credit interest 1% on positive balances larger than N$10,000
Investments Preferential interest rates on call, notice and term deposits
Internet subscription fee  Free 
Debit order internal & external  Free 
Standing order  Free 
POS swipe  Free 
Nedbank ATM withdrawal  N$8.50 
Other bank ATM withdrawal  N$17.50 
Cash deposit fee (Branch)  Free 
Cash withdrawal fee (Branch)  N$65.00 + 2.25% (Max N$1040.00) 
POS with Cash Back fee  N$3.50 

Additional Information
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These are transactional accounts for your day-to-day banking needs such as deposits, withdrawals, payments, etc.

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Nedbank Namibia

Nedbank Namibia Limited Reg No 73/04561.

Authorised financial institution and credit provider.

Not the page you are looking for?

These are transactional accounts for your day-to-day banking needs such as deposits, withdrawals, payments, etc.

Similar Pages

The Youth savings account is a Pay-As-You-Use account that accrues credit interest on positive balance maintained in the account. The Youth Account has a monthly service fee of N$11.50.

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Silver Account has a low monthly service fee of N$11.50 and comes with an mbedded funeral cover of N$2 500. This account is a Pay-As-You-Use account that allows clients to pay only for those transactions that they use.

Get unlimited swipe, ATM, mobile and internet banking transactions for an affordable, fixed monthly fee with the Nedbank Gold Account.

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