The following Card Terms and Conditions (T&C) clauses have been amended for the following products:

American Express Personal Credit Cards, clause 2, 6, 15 & 22
American Express Personal Charge Cards, clause 2, 6, 15 & 22
Nedbank SAA Voyager Credit Card, clause 2, 6, 16 & 23
Nedbank Greenbacks Credit Card, clause 2, 6, 15 & 22
Nedbank Small Business Cards, clause 2, 6, 15 & 22
American Express Business Cards, clause 2, 6, 13 & 20
American Express Corporate Cards, clause 2, 6, 13 & 20
LEARN MORE ABOUT...
  The Platinum Card
  Financial Features
  Travel Features
  Membership Rewards
  Lifestyle Features
  Card Pricing
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The Platinum Card Complement your Lifestyle
Card pricing
Although the Platinum Card® may be applied for by invitation only, we will consider discerning interested parties on a special-request basis. Our minimum qualifying criteria, in addition to other criteria are: a minimum of R750 000 per annum in income and assets of R3 million (net personal onshore assets).

Call Platinum Card Services on 0800 004 244.

 
All fees are VAT- inclusive and are effective from 1 January 2010.
Annual service fees for 2010.

 

Card loyalty R2 850.
Supplementary Card Free.
Membership Rewards Free.
Service fees  
Balance enquiry

R2,20 (first free per month).

Nedbank ATM enquiry R1,20 (first free per month).
Saswitch ATM enquiry R4.
Lost Card / Replacement Card Free.
Cash withdrawal fees  
Nedbank ATM R3,50 + R1 per R100 or part thereof.
Saswitch ATM R9 + R1 per R100 or part thereof.
Nedbank branch R20 + R1,20 per R100 or part thereof.
Overseas* R23,25 + R1 per R100 or part thereof.
Deposit fees  
Cash deposit (ATM and branch) R1,20 per R100 (min R15).
Cheque deposit R12,50.
Penalty fees  
Returned cheque R125.
Incorrectly disputed transaction (local and international) R150.
Tracing Up to R377.
Transfers and payments  
Payment (internet and SST) R7.
Transfer (internet and SST) R3,50.
Transfer (branch) R12.
Other fees  
Card face-to-face delivery Free.
Same-day Card replacement service (incl delivery) R350.
Monthly internet banking subscription** R15.
Transactional SMS notification Free.

*All foreign exchange transactions attract a currency conversion fee.
** Includes internet banking, telephone banking, agent assisted and cellphone banking (WAP), cellphone banking SMS and telephone banking.

SST = Nedbank self-service terminal

The charge Card does not have a conventional preset spending limit like a typical credit Card, but rather a shadow limit that reinforces your financial flexibility. This shadow spending limit is variable and is reviewed regularly based on a number of factors, including your credit record, account history, spending patterns and our current understanding of your financial resources. To protect you we also closely monitor your account for out-of-pattern (potentially fraudulent) spend behaviour. Please call us should you be planning larger-than-usual expenditure in the near future, or if you wish to ascertain or increase your current shadow limit. Charge Cards require you to settle the full amount of your bill on the specified payment due date. If the bill is unpaid, interest is charged from the day of purchase and your ability to use the Card may be affected.

 

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