FNB Private client vs Private wealth

JayM said:
So you get R3K for just half filling your tank and spending 10K on your credit card? Seems sus to me.
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Its 500 litres, not R500 for Caltex spend. It's not my calculator, on at Standard Bank UCounts.

The only this sus is the true cost if getting to tier 5 on all platforms. Nothing is free. As they say: "if the product is free, you are the product"
 
ICU said:
The Caltex spend is in Litres. 500l x R2 = R1000.

R100k general card spend, 1.25% cash back.

Someone wanted to see how UCounts can come close to R3500.
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Ok, thanks. Can't realistically see myself using 9 tanks of fuel a month to achieve this... I think the ebucks R4/l (settled after each quarter) is better for my fuel usage, even with the cap.

With PW, R75k general card spend in the month will give you 30k ebucks by itself (R3000).
 
rocZA said:
Ok, thanks. Can't realistically see myself using 9 tanks of fuel a month to achieve this... I think the ebucks R4/l (settled after each quarter) is better for my fuel usage, even with the cap.

With PW, R75k general card spend in the month will give you 30k ebucks by itself (R3000).
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500l is R10k...
 
rocZA said:
But I do not realistically use nearly that much fuel - not disputing the numbers...
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OP's post is actually R1000 (500l x R2/l). It is equivalent to 10k ucount points?
 
KTM300or950 said:
Good day. I was on Private wealth and moved back to private client account a few years ago. I think my reasoning behind it was earning ebucks was easier on private client as to private wealth. I do earn good ebucks monthly and now bank wants to upgrade me to private wealth again. Anyone advise to stay on private client or move to private wealth? Where will I earn most ebucks and maintain level 5 easily?
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You get a card that makes you believe you are fancy and an email address to a banker that you share with thousands he probably doesnt even remember your name. Thats the FNB way:love:
 
eBucks... no contest. Nothing to do with the fancy card, nothing to do with a banker.

All to do with:

1647592056518.png

And yes. That's actual tangible ZAR equivalent. If I had to earn that in income before 45% tax, the actual value is double...
 
Moved over from FNB PC to RMB PW as FNB offered me a CC at prime and some better lending options. Although looking at other threads the rate isn't as good as I thought it was (as others have prime -1.5% - which is better than my bond!).

Keen to see if RMB service is any better than FNB or it's all just the same thing under the hood.
 
RedViking said:
Investec or PW or PC

Not into the whole point thing and don't like being limited to specific stores, products or places to shop.

Currently on Absa Normal People
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Investec - no need to jump through hoops. Plus every cent you spend everywhere gives you a bit of points that can be converted to cash.
 
acp said:
eBucks... no contest. Nothing to do with the fancy card, nothing to do with a banker.

All to do with:

View attachment 1272750

And yes. That's actual tangible ZAR equivalent. If I had to earn that in income before 45% tax, the actual value is double...
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Yip, I joined ebucks and FNB in Feb 2022. It's been a year and R74k in actual ransa back through ebucks. It took 2 weeks to get onto tier 5. Its an easy programme to score.
 
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JV_011_ said:
Investec - no need to jump through hoops. Plus every cent you spend everywhere gives you a bit of points that can be converted to cash.
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I get your point yes, but how much are you actually getting out? Im also evaluating this. Investec give great interest rates on bonds.
 
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calypso said:
I but if point yes, but how much are you actually getting out? Im also evaluating this. Investec give great interest rates on bonds.
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FNB is very flexible with Private Wealth.

They beat my Investec interest rates when I switched accounts and my bonds.

FNB is the only bank that pays 100% of the bond switching costs also

Last month alone I received R8,885 in ebucks earned in just one month.
 
Wayne007# said:
FNB is very flexible with Private Wealth.

They beat my Investec interest rates when I switched accounts and my bonds.

FNB is the only bank that pays 100% of the bond switching costs also

Last month alone I received R8,885 in ebucks earned in just one month.
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FNB would do a switch for free if the bond is the same. Lets say its R100 000 000 at bank A, FNB would carry all the costs getting that exact business.

related to eB (that is capped at R10 000)
 
zerocool2009 said:
FNB would do a switch for free if the bond is the same. Lets say its R100 000 000 at bank A, FNB would carry all the costs getting that exact business.

related to eB (that is capped at R10 000)
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If the bond is the same or less. They would charge you the difference is more. They paid R50k of fees for me and I still got 6200 eB on both deals.
 
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