Incorrect information provided on the Nedbank Website

The Nedbank Web page where interest rates refer, is giving the public incorrect data regarding Nedbank tax free deposits.

The rates state a period of 12 mnths investment with a R*** – R99 999 999 balance and a nominal rate of 7.55% and effective 7.81% This is incorrect as the maximum annual investment is only R33 000, - a far cry from what is stated on the Nedbank website.

This should be corrected, - as it only wastes Nedbank client and personnel time in explaining the error.

Disappointing that a reputable concern can make such an error.