First National Bank (FNB) is not only South Africa’s oldest bank but one of the top dogs in South Africa’s banking industry. FNB prides itself as a bank for the people and is involved in numerous activities to support South Africa as a nation.
FNB prides itself on customer service and satisfaction. Therer are a number of FNB credit cards to try and cater for every South African’s needs and financial situation. FNB now offers an eBucks reward system on credit card transactions. This allows customers to earn “eBucks” on every transaction which they can then intern use to purchase every day items online such as gifts, clothing and airtime.
FNB boasts some of the lowest transaction fees, allowing you to make transactions and draw money free of charge which is uncommon amongst other South African banks.
In order to apply for a credit card your financial situation will determine your interest rate as well as limit offered. Be sure to compare credit cards offered by other South African banks with FNB credit cards.
CREDIT CARD
|
SUITABLE INCOME
(Per Annum)
|
INITIATION FEE
|
MONTHLY FEE
|
INTEREST FREE
PERIOD
|
INTEREST RATES*
|
| FNB Platinum Credit Card |
R350 000 + |
R125.00 |
R47.08 |
2 Months |
Personalised |
| FNB Gold Credit Card |
R100 000 + |
R125.00 |
R24.08 |
55 Days |
Personalised |
| FNB Silver Credit Card |
R36 000 + |
R125.00 |
R17.08 |
U/A |
Personalised |
| FNB Smart Credit Card |
R36 000 + |
R110.00 |
R33.50 |
44 Days |
Personalised |
| FNB Standalone Petro Card |
R36 000 + |
N/A |
R22.90 |
N/A |
U/A |
*FNB Credit Card now offer new customers personalised interest rates when they apply for a credit card. The introduction of personalised pricing on its credit card is designed to reward customers who have built themselves a good credit profile over the years.
FNB Credit Card Rewards and Benefits
CREDIT CARD
|
eBUCKS
|
inCONTACT
|
CELLPHONE
BANKING
|
ONLINE
BANKING
|
EMAILED
STATEMENTS
|
| FNB Platinum Credit Card |
Yes |
Yes |
Yes |
Yes |
Yes |
| FNB Gold Credit Card |
Yes |
Yes |
Yes |
Yes |
Yes |
| FNB Silver Credit Card |
Yes |
Yes |
Yes |
Yes |
Yes |
| FNB Smart Credit Card |
Yes |
Yes |
Yes |
Yes |
Yes |
| FNB Standalone Petro Card |
N/A |
Yes |
Yes |
Yes |
Yes |
FNB Credit Card Related Fees
Value added services*
Included: (part and parcel of your product)
|
Optional: (customer needs to apply for)
|
| Comprehensive Global Travel Insurance* |
Free |
Online Banking Subscriptions |
Free |
| Automatic Debt Protection* |
Free |
Telephone Banking Subscription |
Free |
| Lost Card Protection |
Free |
Cellphone Banking Subscription |
Free |
| PIN Replacement |
Free |
inContact (sms & email notification) |
Free |
AA Roadside Emergency Assistance *
(Petro Cards Only) |
Free |
Debt Protection Plan* |
1. R5/ R1000
2. R6/R1000 |
| eBucks Rewards** (Not applicable to Petro Cards) |
| Annual eBucks Fee |
R175 per annum, per account |
Earn Rate: (Straight & Budget)
Platinum, Gold & Silver Credit Card |
eB1 for every R10 spent |
| Credit Card Purchase |
Free |
| Credit Card Budget Purchase |
Free |
| Fuel Transaction Fee |
R3.90 |
International Currency Commission and Conversion Fee:
% of transaction value |
2.75% |
Linked Account Transfer & Account Payments
|
| IVR Smart Transfer to FNB |
Free |
| Linked Account Transfers |
R3.30 |
| Third Party Payments |
R7.20 |
| Telephone Banking (Consultant Assisted) |
R26.75 |
| FNB ATM |
R1.00 -R500.00 R5.70
R501.00 – R1000.00 R11.40
R1001.00 – R1,500.00 R16.50
R1,501.00 + R22.80 |
| Other Banks ATM |
R6.50 + FNB ATM Fee |
Cash on Budget
(Not offered on Smart Credit Cards) |
R39.25 + % of value (Maximum R3,000)
Silver 2.50%
Gold 2.25%
Platinum 2.00% |
| International ATM and Branch |
R24.50 + 1.60% of value |
| Cheques |
R14.00 (Free for Encore) |
| Cheque Clearance Fee |
R220.00 |
| Cash |
1.25% of value (Minimum R18.85) |
| Cash at Automated Deposit Terminal (ADT) |
0.65% of value (Minimum R5.00) |
Voucher Retrieval Requests
|
| Local |
R62.00 |
| International |
R215.00 |
| FNB ATM |
Free |
| FNB Branch |
R3.50 |
| International |
R3.70 |
| Other Banks ATM |
R3.70 |
| Current Month Emailed Statement |
Free |
| Current Month Paper Statement |
Fee |
| Dual Statement (paper & email) |
R12.00 |
| Mini Statement (FNB Branch) |
R2.60 |
| FNB Branch (per page) |
R6.50 |
| Historical Emailed Statements (per account per statement) |
R5.50 |
| Historical Paper Statements (per page) |
R6.50 |
| Declined Transaction Fee |
R6.00 |
| Over Limit Fee (not applicable to NCA accounts with credit agreements after 1 June 2007) |
R210.00 |
| Unpaid Fees |
R210.00 |
| Late Payment Fee (not applicable to NCA accounts with credit agreements after 1 June 2007) |
R210.00 |
| Balance Transfer (BT’s) early settlement fee (not applicable to NCA accounts with credit agreements after 1 June 2007) |
R240.00 |
| Arrears Fee (only on NCA accounts with credit agreements after 1 June 2007) |
R115.00 |
| Changes to Account Limits |
Free |
| Bank Cheque Administration Fee |
R58.00 |
| Special Arrangement Fee |
R330.00 |
| Rescheduled Fee |
R80.00 |
| Budget Facility Setup Fee (if not done at Point of Sale) |
R30.50 |
| Section 129 Letter Fee *** |
R35.23 |
| Prepaid Transaction Fee (FNB ATM, Cellphone, Online and Telephone Banking) |
R1.70 |
| Card Replacement Fee (per card) |
R90.00 |
| Card Courier Personal Delivery (free for Platinum Credit Card holders) |
R185.00 |
| Card Delivery to the nearest FNB Outlet |
Free |
* Terms and Conditions apply.
** Excluded transactions include fuel, cash withdrawals, third party payments, balance transfers and electronic fund transfers.
Smart Credit Card (not eligible).
^ This fee is subject to exchange rate fluctuations and may be reviewed quarterly. Some international ATMs charge an additional surcharge.
***Subject to Magistrate’s Court tariffs and registered mail costs.
Card fees are not negotiable.
Important information:
• The above pricing is inclusive of VAT.
• FirstRand Bank Limited reserves the right to amend product features or pricing at any time with reasonable notice. We further reserve the right to re-price our products at any time subject to Regulatory or Legislative changes.
• A detailed copy of the pricing is available at your nearest FNB branch and on the website.
• Interest rates are personalised and appear on the credit card statement.
Disclaimer
Please note that the rates quoted above are current from printing and to be used as a guideline only. These rates are subject to change. Please note that Terms and Conditions apply. Contact the bank directly for additional information and to verify fees and charges.