Nedbank Platinum requires at least R25,000 a month before tax and a healthy credit score. Live in SA with a valid SA ID, or a valid passport and work permit.
Your income opens the application; the credit assessment shapes your limit
Bring three months’ payslips or stamped bank statements for the same period. Nedbank sets your limit; further access depends on your risk profile and credit assessment.
Day-one interest applies to advances, cash withdrawals, EFTs, forex, casino chips and garage credit card fuel. Approval needs credit and affordability checks.
Your interest rate comes before the monthly fees
Your interest rate is personalised and can change with your risk profile. Nedbank Limited’s monthly service fee starts at R110. Non-rand transactions may incur a currency conversion fee.
Pay at least 5% of your outstanding balance monthly. Your statement gives the amount and due date. Payment must reach Nedbank during banking hours by that date.
The requirements to meet before you apply
Prepare your identity and income documents for the checks below.
- Be over 18 and live in SA.
- Have a valid SA ID, or a valid passport and work permit.
- Earn R25,000 monthly before tax with a healthy credit score.
- Supply income proof and pass credit checks.
- Marriage in community of property requires written spousal consent.
Start with the route for your Nedbank status
- New? Create a Nedbank ID in the app or Online Banking.
- Already a client? Log in to apply online.
- Nedbank delivers your first card free in person.
- Sign your card in the space provided on receipt.
Your Platinum questions
What consent does my spouse need to give for my application?
If you’re married in community of property, you need your spouse’s written consent, attested by two witnesses.
Which purchases or transfers are excluded from Greenbacks rewards?
No Greenbacks on cash withdrawals, casino chips, fuel, negotiable instruments including traveller’s cheques, garage card transactions or EFTs.
Do card charges or insurance premiums earn Greenbacks?
No. Finance or other card charges, bank or government fees or taxes, budget instalments and their interest, or insurance premiums.
Can I apply for Platinum without using an app or website?
Yes. Apply at a branch or call 0860 555 111. Online Banking and the Money app also accept applications if you prefer.