the main issue is, people love DEBT! Good and bad DEBT out there! I bought my first property in 2003, at 17% ! The low are we currently having (most are spoilt)
I see now FNB recalculated my net debit orders that are going off for my bonds! And it is R850 down!
That Is why I wish for bigger increases! If you know how to prepay a bond, if rates goes up, yours would go down!
If I can be honest with you, the BANK loves it when you saves with them. Been in that boat when I started my TFSA in 2015. Moved it away in 2020. In the last 6 years, made so much more in my TFSA, doing much better ETF's that what FNB offers.
All I can say, you bank with a bank, you dont...