For kids under the age of 19 years
A bank that cares for your kids is for keeps. Nedbank wants to cater solutions for everyone, any age, anywhere in South Africa. It is honestly a good thing to open an account for your teenagers and even for those younger than 13 years.
Teach your child how to manage their money at a younger age and so it can be something they obtain growing up. Open a Nedbank 4me Account today for your child, and has no monthly fees, and it comes with a debit card.
Nedbank admittedly stated that the account’s interest rates are higher than of a normal savings account, which is great – and for your convenience, you will be able to access your account for free using Internet Banking, Nedbank Mobile Banking App as well as Cellphone banking.
One of the most incredible features of the Nedbank 4Me Account is that, just for using your debit card, Nedbank will donate to a charity of your choice at no cost to you.
How to Apply
Apply for a Nedbank 4Me Account, you have to be under the age of 19, or rather be up to the age of 18. There are documents needed when you are 16 to 18 and guardians should be present when you are under 16.
Aged 16 to 18
You can take with you a valid barcoded South African ID / Smart-ID or a valid passport with a valid permit for non-SA citizens.
Aged Under 16
- Parent’s or Guardian’s ID document or Smart ID Card, or a passport for non-SA citizens with a valid permit
- The parent or guardian has to bring along the child’s birth certificate
- If you are a non-SA citizen you can apply, however, you will be charged an extra monthly fee of R35.
You can apply online or contact Nedbank on 0860 555 111, or visit the Nedbank 4me Account Terms and Condition Page for more information, alternatively, you can visit the nearest Nedbank Branch around South Africa. Nedbank is an Authorized financial services and registered credit provider (NCRCP16).