FNB Phone Offer

Pakka

Expert Member
Joined
Jul 22, 2010
Messages
2,271
Ah, drinking milk feeds the brain. Finally someone who understands the 150 year old adage, " no such thing as a free lunch"!!

I'm going to explain this slowly, with another example.

In the city where I live, there is an account card called Sambahttp://www.sambakoop.com, which most shops support. You pay R180 once off to register for a card. (well, actually its paid by the rewards). There after, all the transactions you do at most of the stores, you get a discount of between 2% and 9%. Even at Pick n Pay. Now you see, for the 4 years prior to me getting a card, I bought at the PnP and I actually paid too much. I lost out on a deal other people were getting for free. You see,the discount was always there for any one with a qualifying card. I just never got one.

Now you'll tell me that it's not free, I paid R100 for the card. Okay, if the average discount each time I swipe the card is 3%, that would mean that I pay the card's cost with the first R6k with of purchases I make. That's the first 2-3 months of our spending. There after, all my discounts are free.

So yes, nothing in life is free. Everyone is paying for these sort of deals, but if you don't take advantage of it, you're losing out
 
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vorman

Expert Member
Joined
Jul 14, 2016
Messages
1,184
I didn't have trouble with the rule change last year or this year. Some changes, sure, but not a big deal.

You need to leave R1,500 in a interest earning savings pocket account for 24 months.
Thank you very much, I also believe it is free.

Just for interest sake,I recently joined Fnb, I think August, I just want to know how much do the ebucks rules change each year? Why do they change each year? Is there always a change required to remain on level 5?
 

dunkyd

Executive Member
Joined
Mar 5, 2009
Messages
5,626
The rules change every year because their accountants work out how much more they must drain from the customer to still make a profit after giving away a phone.
 

*SynergyX*

Expert Member
Joined
Sep 30, 2009
Messages
2,676
The rules change every year because their accountants work out how much more they must drain from the customer to still make a profit after giving away a phone.

dont think accountants are smart enough to do this.... these would be actuaries:p
 

Stevi

Expert Member
Joined
Mar 23, 2011
Messages
2,350
The rules change every year because their accountants work out how much more they must drain from the customer to still make a profit after giving away a phone.

Alright grumpy ABSA employee....

:p

If people are benefiting from it, let them be
 
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