FNB Fusion Premier Select, Cheque Account & Credit Card Pricing Guide 1 July 2017 30 June 2018 First National Bank a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
FNB Premier Select As you mature into the next stage of life, FNB is mindful of the change in your needs and your lifestyle. The Premier Select portfolio offers you an array of banking, savings and short-term insurance products and services tailored just for you. Your team of bankers are available 24/7 via Secure Chat on the FNB Banking App or 087 577 7000. To be eligible for a Premier Select Cheque Account, you need to earn an income of R300 000 or more per year and be 55 years or older. Bank Get your monthly account fee rebated when you maintain a minimum balance of R10 000 in your Premier Select Cheque Account or in any of FNB s Savings and Investment Accounts or in your Savings Account Access to a team of Premier Bankers to cater to your day-to-day banking needs, reducing your need to go into a branch Unlimited free swipes when you use your Premier Cheque or Credit Card to pay Protection from unauthorised online transactions with Online Secure, giving you a One Time PIN (OTP) to protect your card s exclusivity Withdraw cash at Shoprite & Checkers, Pick n Pay, Boxer stores and selected Spar and Usave tills Help in a Box* - In the unfortunate event of you being a victim of a hijacking or home invasion we will send you Help in a Box which includes, to name a few: A cellphone - preloaded with R200 airtime An FNB ewallet Pro Debit Card preloaded with R500 Application forms for your driver s license or ID; should these have been stolen during the incident Save Monthly coupons on your FNB Banking App, offering discounts on a range of products from Shoprite & Checkers and Dis-Chem Pharmacies with more retailers to come A free Savings Account that earns you preferential interest rates exclusive to Premier Select clients Save while you spend with Bank Your Change. We round up your card purchase value and transfer the difference from the purchase amount to your Savings Account subscription to incontact. As an added safety measure, we ll SMS you every time more than R100 goes out of or into your account subscription to the FNB Banking App, Online Banking, Cellphone Banking, and Telephone Banking, all designed to make your banking easy and convenient emailed monthly statements Additional features and services on your Premier Credit Card: lost card protection and PIN replacement Auto Payment, offering you the convenience of having your account paid on time each month Automatic Debt Protection to settle your outstanding credit card debt in the event of death or permanent disability, with the option to sign up for FNB s Top-up Debt Protection Plan, for which there is a charge * Available to clients on the Comprehensive Pricing Option Get real returns that will not be eroded by increases in inflation, with access to a free Inflation-Linked Deposit Account. Receive a Fixed Deposit exclusive to Premier Select clients, with your returns linked to inflation. This means that when inflation goes up, your returns do too Save and transact in multiple foreign currencies with a Global Account. You can open and manage this account via Online Banking Save on fees with free membership to the ebucks Rewards programme 1 Terms, Conditions and Rules apply. 1 For more on ebucks Rewards, go to the ebucks website. 2
AA Emergency Roadside Assistance on your FNB Fusion Premier Card and on your linked Petro Card The opportunity to purchase FNB s Lifestyle Protection, providing lifestyle cover for your loved ones in the event of your death The freedom to spend your ebucks on almost anything: fuel, electronics, appliances, travel, books, CDs, DVDs, flowers, outdoor equipment, fashion you name it Live Convenience Get free delivery of your FNB Fusion Premier Card, Premier Cheque and Credit Card to your home or office Shopping Get discounts of up to 40% on selected deals from the ebucks Shop Earn ebucks when shopping in store and online Earn up to 15% back in ebucks when you shop at Shoprite & Checkers The freedom to spend your ebucks on almost anything Monthly coupons on your FNB Banking App, offering discounts on a range of products from Shoprite & Checkers with more retailers to come Transport Earn up to 15% back in ebucks when you fill up with fuel at any fuel station or when using Uber domestically Connectivity Earn up to 15% back in ebucks on your qualifying Connect contract or when purchasing Connect prepaid airtime Access to smartphones, tablets or laptops at discounted prices over a 24-month period with 0% interest Travel Get free Comprehensive Global Travel Insurance, keeping you covered for local and international travel when you purchase your return travel ticket(s) using your FNB Fusion Premier Card, Premier Cheque or Credit Card (Valid for customers under the age of 70 only) Get discounts of up to 40% 2 on selected local and international flights as well as domestic Avis car rental booked online through ebucks Travel To best optimise your ebucks earnings, having a Premier Select Cheque Account in conjunction with a Premier Credit Card OR an FNB Fusion Premier Select Account is the way to go. This will mean that you can move up the ebucks reward levels quicker and earn more ebucks. 2 Discounts exclude all taxes. Terms, Conditions and Rules apply. For more on ebucks Rewards, go to the ebucks website. Borrow FNB Fusion Premier Select Account Full transactional capability, allowing for salary deposits, Point of Sale Purchases, ATM withdrawals, EFT s, Debit Orders, etc. with a credit facility Linked credit card which gives you up to 30 days interest free on your card purchases Credit Card Up to 55 days interest-free credit Personalised and competitive interest rates based on your personal risk profile Overdraft 3 As a Premier Select client, you have access to credit in the format of your Overdraft Facility free of initiation fees. The great news is that you only pay for your facility when you use it. Your overdraft is a safety net for your monthly cash flow shortages and it offers you a personalised interest rate based on your individual credit profile. You also have the option of taking up Debt Protection. Temporary Loans Temporary Loans are quick and easy. There are no forms to be filled in, and you can easily accept your loan via Online Banking, the FNB Banking App, Cellphone Banking and at an FNB ATM. This loan is offered to you in line with the way you ve managed your credit profile. Once you ve accepted the offer, funds are immediately available in your account. 3 Please note that Overdrafts are not offered on the FNB Fusion Premier Select Account. 3
NEW FNB Fusion Premier Select R85 p.m. The ultimate in simplicity. FNB Fusion Premier Select Account combines a transactional account and credit facility with a linked credit card. The FNB Fusion Premier Account offers clients: A fully functional transactional account with a linked credit card that allows you to: Receive monthly income/salary into the account Make all types of transactions: Point of Sale Purchases, ATM Withdrawals, EFT s, Debit Orders, payments etc. One account to manage all transactions One monthly account fee One card, one delivery, one card expiry to manage A single Credit Limit to maintain Up to 30 days interest free on card purchases The ability to receive maximum rewards by only using one card Transaction Description FNB Fusion Premier Select Account monthly fee Fee R85 Minimum balance required to be maintained in FNB Fusion Premier Select Account for your monthly fee to be waived Subscription to incontact, Online Banking, Cellphone Banking, Telephone Banking and the FNB Banking App R10 000 in your FNB Fusion Premier Select Account or R10 000 in any of FNB s Savings and Investment Accounts or in your Savings Account For detailed FNB Fusion Premier Select Account fees please refer to the Comprehensive Pricing Option below. 4
Premier Select Cheque Account R45 p.m. FNB is able to offer you, as a Premier Select client, the Comprehensive Pricing Option. Comprehensive Pricing Option FNB s Comprehensive Pricing Option offers Premier Select clients the opportunity to save on bank fees. If you are able to maintain a balance of R10 000 or more in your cheque account or in any of FNB s Savings and Investment Accounts or in your Savings Account, you will receive the following monthly benefits: Pay no monthly account fee A free Savings Account that earns you preferential interest rates exclusive to Premier Select clients Make unlimited free qualifying electronic transactions using Online Banking, Telephone Banking and the FNB Banking App for transactions like debit orders, card purchases, payments and transfers Withdrawals are free up to R6 000 every month on your Premier Select Cheque Account. This includes withdrawals made at FNB ATMs, cardless cash withdrawals and Cash@Till withdrawals FNB ATM Deposits are free to the value of R6 000 Get a combination of five free branch, cheque and Telephone Banking transactions For fees relating to the previously available Unlimited and Standard Pricing Options, please log in to Online Banking and refer to your 2017/2018 pricing letter. To switch to the Comprehensive Pricing Option or for more information, call 087 575 9404 or visit your nearest FNB branch. Comprehensive Pricing Option Monthly Fees Premier Select Cheque Account Minimum balance for monthly account fee to be waived Overdraft monthly service fee (only pay when you use R200 or more of your Overdraft) R45 R10 000 in your Cheque Account or R10 000 in any of FNB s Savings and Investment Accounts or in your Savings Account R68.40 Rebate on Overdraft monthly service fee 4 R23.40 Subscription to incontact, Online Banking, Cellphone Banking, Telephone Banking and the FNB Banking App 4 Refer to Terms and Conditions of Credit agreement. 5
Your Monthly Account Fee will also include Card purchases 5 Prepaid purchases using electronic channels Electronic payments and transfers Debit orders FNB Slimline withdrawals Savings Account 5 2.75% commission and currency conversion fee is charged on international card purchases. Maintain a minimum monthly balance of R10 000 in your Cheque account to qualify for the free transactions below: Transaction Type transactions per month A combination of FNB Branch, cheque and Telephone Banking transactions 6 5 Cash withdrawals (Cash@Till, ATM and cardless cash withdrawals) Cash deposits at FNB ATM R6 000 free, thereafter Pay-As-You-Use R6 000 free, thereafter Pay-As-You-Use 6 Excludes deposits performed at FNB branches. Please note that any transactions not included or in excess of the limits above will be charged for as per the table below: Other fees Monthly fees Petrol card R17.50 Cash Withdrawals FNB ATM R1.85 per R100 Cash@Till R1.40 Other Banks ATMs International ATM (Additional 2.75% commission and conversion fee applies) FNB Branch/cheque 7 International Branch (Additional 2.75% commission and conversion fee applies) Cardless cash withdrawals R8 + R1.85 per R100 R60 + R1.90 per R100 R60 + R1.90 per R100 R1.85 per R100 7 Cheque issuing related fees are not applicable to FNB Fusion Premier Select Account. 6
Linked Account Transfers Savings Account Telephone Banking (consultant assisted) FNB Branch Payments 8 Telephone Banking (consultant assisted) FNB Branch Cheques issued Bank cheque R110 8 Cheque issuing related fees are not applicable to FNB Fusion Premier Select Account. Cancel Debit Order (Stop Payment) Digital channels R5 Telephone Banking (consultant assisted) R18.50 Branch R55 Scheduled Payment Related (Establishment and Amendment) Online Branch R16 Deposits Cash deposit at FNB ATM Cash deposit at FNB Branch Cheque deposit at FNB Branch and ATM ENC upliftment fee and special clearance 9 R0.90 per R100 R60 + R1.90 per R100 R45 + R5 per cheque R250 9 Cheque issuing related fees are not applicable to FNB Fusion Premier Select Account. Prepaid Airtime Purchases Other Banks ATMs R12.50 Balance Enquiries Using echannels and mobile channels Point-of-sale R1.50 Other Banks ATMs, International Point-of-sale, Branch or Telephone Banking (consultant assisted) R5.50 Statements Current month emailed statement Cellphone Banking Mini statement FNB ATM transaction list Posted statement Historical statements older than 3 months Online Banking Emailing of statements Branch and Telephone Banking Printing of statements Branch and Telephone Banking R3 R16 (per statement) R6.50 (per statement) R16 (per statement) R25 (per page) 7
Unsuccessful Transactions (Insufficient Funds) 10 FNB ATM Point-of-sale, scheduled payment, Debit Order and Other Banks ATMs R8.50 Insufficient funds fee (returned item Cheque or Debit Order) R100 10 Cheque issuing related fees are not applicable to FNB Fusion Premier Select Account. Card Replacement fees Visa Cheque Card/chip & PIN Card FNB Petrol Card R140 R140 Cheque Book Fees 11 Pocket 40 form R80 Copies of Vouchers (Deposit Slips and Cheques) 11 Online Banking Branch and Telephone Banking (consultant assisted) R60 11 Cheque issuing related fees are not applicable to FNB Fusion Premier Select Account. Convenience and Value Added Services Buy LOTTO /Powerball R1.95 Pay TV prepaid purchase R1.95 MultiChoice payments Pay & Clear Now R6 R45 Cash Swop Fee R10 per R1 000 Payment Honouring Fee 12 Common Monetary Area (CMA) Cross-Border Receipt R110 R100 plus applicable Cash Deposit Fee 12 A service fee is charged for each payment honoured where there is not enough money in your tranactional account. Send Money Send Money to an ewallet R10.95 Reversal of incorrect Send Money to ewallet transaction R50 Send Money to Zimbabwe/Mozambique Value: R20 R1 000 Value: R1 000.01 R2 000 Value: R2 000.01 R3 000 R45 R70 R105 Additional Statements (fee per month) Online Paper Daily Weekly Twice-monthly Daily Weekly Twice-monthly R53 R24 R14 R112 R46 R23 8
Electronic Subscriptions Services (fee per month) My Limit Alert Scheduled payment alert R3 Balance Alert (fee per month) Monthly Weekly Daily R1 R3 R15 Payment Notifications Email R0.85 SMS R1.25 Fax R6.35 Other Fees 13 Card courier fee Cheque book courier Online Banking password reset Telephone Banking (consultant assisted) Wrongfully disputed debit order fee (if disputed after 40 days and valid agreement exists) R200 R60 R130 Optional Roadside Assistance R6.50 Online Banking payment history (older than 3 months) Online Banking account verification fee (FNB and other banks accounts) R6 R6 13 Cheque issuing related fees are not applicable to FNB Fusion Premier Select Account. 9
Premier Credit Card R40 p.m. Inc. Credit Facility Service Fee A Premier Select Credit Card is more than just plastic in your wallet. It s the key to your lifestyle, unlocking new worlds and opening up an array of exclusive features and benefits. Your FNB Premier Select Credit Card is the ultimate key. It enables your lifestyle, combines longed for possibility with reality, and gives you access to rewards and benefits that aim to help you along the way. To be eligible for a Premier Select Credit Card you need to be 55 years or older and retired. Monthly Card Fees Credit card monthly account fee R32.50 Credit facility service fee R7.50 Additional card fees (per card linked to account) R16.50 Linked petro card (per card linked to account) Initiation fee (once-off) R28 R175 Purchases Credit card purchases 14 Credit card budget purchases Fuel transaction fee (petro cards only) R5 14 International Currency commission and conversion fee of 2.75% of the transaction value applies for international purchases. Cash Withdrawal Fees FNB ATM Other Banks ATMs FNB Slimline ATM Branch (includes all Financial Institution Branches and the Purchase of Foreign Exchange) Cash on budget International 15 (ATM and Branch) R1.85 per R100 R8 + FNB ATM fee R1.85 per R100 R60 + R1.90 per R100 + R2.75 per R100 R60 + R1.90 per R100 Cash@Till R1.40 15 This fee is subject to exchange rate fluctuations and may be reviewed quarterly. Some international ATMs charge an additional surcharge. 10
Deposits FNB ATM with Automated Deposit Terminal (ADT) FNB Branch and FNB ATM with envelope deposits R0.90 per R100 R60 + R1.90 per R100 Linked Account Transfers & Account Payments IVR Smart Transfer to FNB Linked account transfers R4 Third party payments R7.80 Telephone Banking (consultant assisted) Transfers and payments at Branch Voucher Retrieval Requests Local International R99 R290 Other Fees Declined transaction fee R8.50 Card replacement fee (One free per year, thereafter R140 per card) Card delivery by appointment International delivery fee Card courier home/office delivery Card Delivery to the nearest FNB Branch R150 As per courier quote R250 Section 129 letter fee R59.79 Credit card monthly rewards fee R18.50 Convenience Fees Send Money to an ewallet (R20 R3 000) R10.95 Reversal of incorrect Send Money to FNB ewallet transaction Cardless cash withdrawal R50 R1.85 per R100 Pay2Cell R4.25 LOTTO /Powerball purchase R2.30 Prepaid transaction fee (FNB ATM, Cellphone, Online & Telephone Banking) R2.30 Uncapped ADSL fee R2.30 Important information All fees are non-negotiable If your Credit Facility goes into arrears, you will be liable for collection fees in accordance with the National Credit Act The above pricing is inclusive of VAT Interest rates are personalised and appear on the credit card statement Visit FNB s website for a copy of the Terms, Conditions and Rules that govern our agreement Should you require further information on any credit card products or services, please contact The Premier Suite on 087 577 7000 11
Law on Call Personal Plan FNB s Law on Call Personal Plan offers professional legal help and advice for labour, civil and criminal matters, 24/7. We also draft up to 50 legal documents and contracts per year (e.g. rental agreement, ante-nuptial contract). FNB s Law on Call Personal Plan offers: Lifetime cover R2 000 000 Cover per matter R100 000 The monthly premium (payment) is R75. The Small Print Our Small Print is straightforward. Here we go: Information on our products and prices First National Bank a Division We strive to keep the of FirstRand Bank Limited. An information provided in the Authorised Financial Services pricing guide as accurate as and Credit Provider (NCRCP20), possible, and we will not be reserves the right to change held responsible if an error or fees or introduce new fees omission is found. from time to time. If we do this, You must apply for each facility though, we ll give you at least or product individually. 20 business days notice of The granting of any facility these changes. You ll find these or product is subject to you changes on FNB s website. meeting the qualifying criteria of that product or facility. Each facility or product has a set of terms and conditions for that specific facility or product. We agree on these terms and conditions with the applicant. If there is a disagreement between the product or facilityspecific terms and conditions and what s outlined in this pricing guide, we ll follow the product or facility-specific terms and conditions that apply to such a facility or product. FNB reserves the right to change the features of any product or facility at any time. Fees quoted as per R100 include parts thereof. Where Cellphone Banking is referred to, standard network rates apply. All fees quoted are VATinclusive and are effective from 1 July 2017 to 30 June 2018. First National Bank a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20). Terms, Conditions and Rules apply. Standard network rates apply. Standard terminology If you want to compare FNB s fees with those of other banks, we have, as far as possible, used standard terminology throughout this pricing guide. This is in line with the Code of Banking Practice (COBP). In the case where we ve used FNB-specific terminology, we ve added this here showing the wording that other banks may use. So, FNB s term as per this pricing guide is Card Purchase, while the standard terminology is Card Transaction ; FNB s term is Payment, while the standard terminology equivalent is Third Party Payment/ Stop Order. FNB uses the term Slimline Devices whereas other banks might call them Mini ATMs. FNB uses the term echannels, which refers to Online Banking, Telephone Banking Interactive Voice Response (IVR) and FNB ATMs. FNB s Mobile Channels refer to Cellphone Banking and the FNB Banking App. 12