Instant credit. Tailored interest rates.
An overdraft offers you instant credit that is added to your bank account. Take care of emergencies or top up your monthly budget during those tight moments between paydays with up to R250,000, available whenever you need it.
See terms and conditions.
No need to open a seperate account or get an extra card
The extra money stays available in your bank account
You'll be charged interest on only the portion you use
You can take out credit life insurance on your overdraft
How it works
If you already have a Nedbank account, you can apply for an overdraft on the Money app or Online Banking. You can also choose one when you open your account for the first time. Once your overdraft has been set up, you can increase or decrease its limit anytime on our digital banking channels.
Qualifying accounts
Get started and apply online
Get startedOther loan solutions
Learn more about loans
3 ways to reap the benefits of record-low repo rates
The SARB cut the repo rate to 3,50% in 2020, the lowest it’s been since 1973.
Help and support
Learn about money
Download the Nedbank Money app
A secure and convenient way to manage your money, apply for accounts and loans, and even buy gift and prepaid vouchers.
Learn more
No need to open a separate account or get an extra card.
sample text
The extra money stays available in your bank account.
sample text 2
sample description
sample text
