You will be charged an annual fee of R160 to maintain your Nedbank Greenbacks account. The good news is that you can link up to 10 credit or cheque cards to your Nedbank Greenbacks account at no additional fee! And you will earn Nedbank Greenbacks on the accumulated spend on all your cards.
If you do not spend on your Nedbank card for a period of 5 months,
your Nedbank Greenbacks account will be considered dormant, and
you will lose all of your Greenbacks. For a period of 3 months after
that, you may apply to re-open your Nedbank Greenbacks account,
in which case we will re-instate in full your forfeited Greenbacks.
Please note that a fee of R200 will be levied to re-open an account.
The programme also allows you to:
- Top up your account with additional Nedbank Greenbacks at a cost of 7,5c (incl VAT) per Greenback. Please note that a minimum of 1 000 Greenbacks (R75) must be purchased at a time.
- Transfer your Nedbank Greenbacks to another Greenbacks account (a friend, relative or family member) for free.
Please call 011 710 4710 to top-up your account or transfer your Greenbacks.
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