Depends how you use your money. I already used my credit card almost exclusively - hate carrying cash around. With FNB at least I get something back. With Standard I was spending the same amount of money anyway, just with NO return. (And it's not as if the fees were lower)
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FNB uncapped ADSL: 80% discount planned
- Thread starter rpm
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Depends how you use your money. I already used my credit card almost exclusively - hate carrying cash around. With FNB at least I get something back. With Standard I was spending the same amount of money anyway, just with NO return. (And it's not as if the fees were lower)
A while ago I was also asked why I am complaining when I get rewarded, so I decided to shut up and get the **** out of there. If they can ask you these questions, nothing will stop them from jumping over that counter and moering you!
Tinuva
The Magician
To me it is small changes, not really jumping through hoops. It is not like it is taking up hours of my time like a mmo grind, more like a few seconds a month.
Up to you whether you want the extra rewards or not, but I have been with FNB since I was a student, and never had problems with them, in fact, this up to 100% discount on an uncapped account is going to be a HUGE bonus to me, added on top of the other bonus's I have had so far from ebucks. My only problem with this is, I wonder how long it is going to last.
Rocco1
Expert Member
Hey Guys, - to all those capitec fanboys!
RE: - you can pay Zero bank fees with cheque accounts at FNB - if you are on the fee-saver cheque account option.
You pay zero fees on cheque account.
Two terms & conditions are: on gold account you need to keep you balance above R9000 all the time, and only the first 30 or 35 transactions are free (debit,withdraw,eft etc)
So i pay zero fees for FNB cheque account, just FNB credit card and ebucks on CC.
RE: - you can pay Zero bank fees with cheque accounts at FNB - if you are on the fee-saver cheque account option.
You pay zero fees on cheque account.
Two terms & conditions are: on gold account you need to keep you balance above R9000 all the time, and only the first 30 or 35 transactions are free (debit,withdraw,eft etc)
So i pay zero fees for FNB cheque account, just FNB credit card and ebucks on CC.
Gtx Gaming
Gtx Gaming
saving this thanx , moving my absa Cc to fnb as soon as i can.
Yes, thanks Tinuva, I will take a look at that as well.
Species8472
Senior Member
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Hey Guys, - to all those capitec fanboys!
RE: - you can pay Zero bank fees with cheque accounts at FNB - if you are on the fee-saver cheque account option.
You pay zero fees on cheque account.
Two terms & conditions are: on gold account you need to keep you balance above R9000 all the time, and only the first 30 or 35 transactions are free (debit,withdraw,eft etc)
So i pay zero fees for FNB cheque account, just FNB credit card and ebucks on CC.
R9000 in my Capitec account nets me ~R40 in interest, my average montly cost is ~R35 per month (debit orders, transfers, notifications)
Still cheaper.
The eBucks does look interesting though.
Gtx Gaming
Gtx Gaming
can fnb move my Cc from absa to them , or will i have to cancel at absa then wait for my credit report to reflect it , as i pretty sure i don't qualify for any more credit with my salary , I don't have any debt on my cc.
exactly.. like they're doing you some big favour, and who the fk are you to be ungrateful.
on a slightly tangetial note, I want to early settle my galaxy tab with fnb so that I can get an Ipad. Yes, you can do it, but it costs you about R1500 MORE to settle early, than to just wait the contract out.
wtf?
Yep, that is part of the agreement. If you want to settle your device earlier, you will need to pay the difference between the actual value of the device and the discounted fee they offered it to you.
I was also interested in settling my iPad and get a MacBook, but not anymore.
I get that its part of the agreement, but whats the point? Surely they would want to encourage someone to get another device. Alternatively, why not allow more than one device contract at a time?
It has to do with the monthly interest the bank makes on your repayment. Early cancellation or settlement deprives them from further interest.
AlmightyBender
Executive Member
Because they make almost no money out of actually selling devices. The benefit for them is to ensure you stay a customer for two years. That is their goal.
You could always just move banks and then get none of these services and extras for the same fees...
Not quite, I know for a fact that FNB gets the devices at great rates. I know this for a fact.
AlmightyBender
Executive Member
Be that as it may, how much does tablet sales contribute to overall group revenue/profits? Not much. Being able to retain customers over a two year period is priceless to them.
F
Fudzy
Guest
Well that's more important to them, it's usually a win-win though.
No, you are indeed right. This has all to do with increasing their client base and also to get current clients to make use of more services. This do, in fact, generate a substantial amount of revenue for the bank. All the extras, such as bank costs, etc., account for a lot more.
But, it is a fact that they do get the devices at a huge discount, a lot more at what they are offering them to clients. I just wanted to mention that.
SeRpEnT
Executive Member
LOL. If your mana is too low you can't level up dude!!
X-Gamer
Expert Member
"Ensure that you do not perform any transactions at a branch each month (use FNB's electronic channels instead)"
Was that requirement always there?
Was that requirement always there?
F
Fudzy
Guest
Not sure, how often does one go into the bank though? I only go in if I've lost the argument surrounding NOT having to go in. Stupid FICA.