Personal Cheque Account
A Personal Cheque Account from FNB is designed for day-to-day use, giving you easy access to your cash and helping you to manage your money.
There are four pricing options from which you can choose:
(These are not available for business related use)
1. Unlimited Option
Who is this option for?
This option is best for you if you want to know your fees upfront and mainly transact through FNB's electronic channels.
How does this option work?
For a fixed fee per month, you get unlimited electronic banking transactions, no matter how many you do. Excluded are Branch, Cheque and Other Bank's ATM transactions as well as special instructions and penalty fees which are charged for separately.
2. Pay-As-You-Use (PAYU)
Who is this option for?
This option is for you if your transactions vary from month to month and you do a combination of electronic and manual transactions.
How does this option work?
You are charged for each transaction at the applicable fee.
3. Fee Saver
Who is this option for?
This option is ideal for you if you are able to keep a minimum credit balance of R9000 in your account at ALL times.
How does this option work?
Your first 35 qualifying transactions per month are free if you are able to keep a minimum balance of R9000 at ALL times. All additional transactions are charged for at the applicable 'Pay-As-You-Use' rates. If at any time during the month your balance falls below R9000, you will be charged the monthly account fee as well as the transaction fees for the entire month. No credit interest is payable on this option.
4. Fee Manager
Who is this option for?
This option is for you if you prefer to use manual and electronic channels for your transactions and transact similarly every month. With this option you know what your service fees are upfront every month.
How does this option work?
You pay a fixed fee per month which includes a specific number of transactions which can be electronic and/or manual. Transactions exceeding the number included in the package are charged for at a flat rate per transaction. Special instructions and penalty fees are charged for separately.
Personal Cheque Value Added Benefits and Rewards
With your FNB Cheque Account, you benefit from a host of rewards, designed especially for you. The sections below detail the rewards depending on the type of account you have with FNB.
| Value Added Benefit/ Reward | Smart Cheque Account | Gold, Islamic & Encore Cheque Account | Platinum Cheque Account |
|---|---|---|---|
| FNB Fuel Rewards Earn Fuel Rewards by purchasing fuel using your FNB Cheque Card and by adapting your banking behavior |
Get up to 15% back on fuel purchases made using your FNB Visa Cheque Card. | ||
| eBucks (eB) Earn even more with FNB's eBucks rewards programme. You can spend your eBucks earned at any eBucks retail partners, Online or through the eBucks Contact Centre*. Visit www.eBucks.com for more. |
Earn up to 0.8% back on qualifying Cheque Card purchases. |
Earn up to 1.2% back on qualifying Cheque Card purchases. |
Earn up to 2.5% back on qualifying Cheque Card purchases. |
| Free ADSL data through FNB Connect | Get 1GB free monthly ADSL data |
Get 2GB free monthly ADSL data |
Get 3GB free monthly ADSL data |
| 3G data at discounted rates for the first 50MB purchased per month through FNB Connect, whereafter standard FNB rates of R0.59 per MB applies | Not available |
R0.40 per MB |
R0.30 per MB |
| SLOW Lounge access at domestic airport terminals |
Not available |
Not available |
Exclusive to Platinum Cheque Card holders. |
| Automatic Debt Protection | Free cover of R1,000 to settle your outstanding overdraft in the event of death or disability |
Free cover of R2,000 to settle your outstanding overdraft in the event of death or disability. Not available to Islamic Cheque Account holders. |
Free cover of R5,000 to settle your outstanding overdraft in the event of death or disability |
| Dedicated Call Centre | Not available |
Available to Gold Cheque Account customers. Call 0860 44 4653. |
Available to Platinum Cheque Account customers.Call 0875 777 000. |
| Premier Banker | Not available |
Not available |
Access to a team of Premier Bankers |
| Subscription Fees | Free access to Online, Cellphone and Telephone Banking for your day-to-day banking | ||
| inContact | FNB's free SMS and email messaging service keeping you in touch with transactions on your account. | ||
| Monthly e-mailed statements | Save fees and the environment by opting to have your monthly statement emailed to you at no additional cost | ||
| Savings Pocket | Set up a monthly scheduled transfer to your linked Savings Pocket. No fees are charged and the more you save, the better your interest rate. Not available to Islamic Cheque Account holders. | ||
| Multiple Savings Pocket | Coming soon: You can also set up multiple savings pockets to better manage your savings (eg. Holiday, student fees, etc.) Not available to Islamic Cheque Account holders. |
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| Bank Your Change | Automatically save your 'left over cents' when you purchase using your FNB Visa Cheque or Debit card. Your purchase is rounded to the nearest rand and transferred to your Savings Pocket. Additional 'Topup' amounts of R2, R5, R10, R20 or R50 are available. Not available to Islamic Cheque Account holders. |
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| Free Funeral Cover | Free cover of R1,000 for peace of mind in the event of death. Additional cover can be purchased. Not available to Islamic and Encore Cheque Account holders. |
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| Terms and Conditions apply. | |
| * | Please note that from 1 July 2011 the eBucks Earn Booster does not apply. |
Rewards you can earn on your Cheque Card spend
By using your FNB Cheque Card to make purchases, you can get:
- Up to 15% back on your qualifying fuel purchases
- Up to 2.5% back in eBucks on all other qualifying Cheque Card purchases
You simply need to meet the qualifying criteria stated below and then accumulate points on a monthly basis based on your banking behavior and product holdings. Each month, the total of your points for the most recent twelve months determines what percentage you get back on your Cheque Card purchases.
| Activity | You need to do this to meet the qualifying criteria |
How you can earn points |
|---|---|---|
| Have an active Cheque Account in good standing* |  |
|
| Have total monthly deposits of at least: R1,700 (Smart and Encore Cheque); R5,500 (Gold and Islamic Cheque); R16,500 (Platinum Cheque) |
 |
|
| Allow FNB to market to you | |
|
| Be registered for inContact as well as Online or Cellphone banking | |
|
| Transact via Online or Cellphone Banking | |
|
| Swipe your Cheque Card for purchases. (Please note that Debit and Petrol Card (Linked to your FNB Cheque Account) purchases do not qualify to earn rewards) | |
|
| Update your contact details | |
|
| Have and use an Overdraft Facility | |
|
| Have an active Home Loan or Credit Card or have an Investment Account with R10,000 minimum balance | |
|
| Open a new Cheque Account or have your account open for three years or more | |
| * | An account 'in good standing' is one that is not overdrawn or in arrears, nor are you in debt counselling or any legal or collections process with FNB. |
| Points Required for Reward Rate |
Fuel Rewards Rate | eBucks Rewards Rate |
|---|---|---|
| Points are allocated for each of the activities mentioned above. The total points will then determine the rate at which you would earn rewards. | 1.00% |
0.40% |
2.50% |
0.60% |
|
5.00% |
0.8% (Maximum rate for Smart Cheque Accounts) |
|
7.50% |
1.2% (Maximum rate for Gold, Islamic and Encore Cheque Accounts) |
|
10.00% (non-eBucks members) 15.00% (eBucks members only) |
2.5% |
|
Rewards will be allocated by the 8th of each month based on the previous calendar month. For further details on your total points and rewards rate, visit www.fnbfuelrewards.co.za |
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FNB Connect Data
To qualify for your free ADSL data and 3G data at a discounted rate, you simply need to meet the qualifying criteria indicated in the table below. You will be notified by SMS when your data is available, which will be monthly in arrears, in the first week of each calendar month. The discounted rates apply to the first 50MB of 3G data per month, whereafter standard FNB Connect rates of R0.59 per MB apply.
| Cheque Account Type |
Qualifying Criteria | Free Monthly ADSL Data | Discounted 3G Rate (Per MB) - capped at 50 MB |
|---|---|---|---|
Smart |
Have an active Cheque Account in good standing.* Have total monthly deposits of at least: R1,700 (Smart and Encore); R5,500 (Gold and Islamic) R16,500 (Platinum). |
1GB |
Not Applicable |
Gold, Islamic & Encore |
2GB |
40c |
|
Platinum |
3GB |
30c |
Steps to use Connect Prepaid 3G:
- To take up this offer, log onto your FNB Connect profile on www.fnbconnect.co.za, select the 3G tab, and then select "Setup Connect 3G" and follow the prompts.
- Several 3G setup guides containing step by step instructions are available. Visit https://www.fnbconnect.co.za/phone guides.shtml
- Please note that this service is restricted to contract customers (specified service providers only). For more detail please visit www.fnbconnect.co.za.
If you are not an FNB Connect customer and would like to take up this offer, please sign up for Connect Surf at www.fnbconnect.co.za. You can then follow the steps above.
SLOW Lounge
Platinum Cheque Account customers enjoy exclusive access to SLOW Lounges, which can be found at the domestic terminals of O.R. Tambo International, Cape Town International and King Shaka International airports.
Qualifying criteria and terms of usage are detailed in the table below.
| SLOW Lounge - Qualifying Criteria | ||
|---|---|---|
| Active Platinum Cheque account in good standing* | ||
| Have total monthly deposits of at least R16,500 into your Platinum Cheque Account in the month preceding your visit | ||
| Have a valid, personalised Platinum Cheque Card (Failing which, access to the SLOW Lounge will NOT be granted) |
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| SLOW Lounge - Reward | You meet the Qualifying Criteria | You do NOT meet the Qualifying Criteria |
| Peak time allocation | 2 free SLOW Lounge visits per month for the cardholder only. No guest visits | 2 SLOW Lounge visits per month (charged at R250 pp) for the cardholder only. No guest visits |
| Off-peak time allocation | 4 free SLOW Lounge visits per month for the cardholder (including guests) |
4 SLOW Lounge visits per month (charged at R125 pp) for the cardholder (including guests) |
Note: Peak times are on Weekdays (Mon-Fri): 04h45-07h00 and 15h00-17h30 as well as on Sundays (15h00 ? 17h30). All entries are non-transferrable, with any additional entries (in excess of those mentioned above) being charged at R250 per person (pp). |
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| * | An account "in good standing" is one that is not overdrawn or in arrears, nor are you in debt counselling or any legal or collections process with FNB. |
Personal Cheque Account Pricing
Fees that have not changed or have decreased are shown in orange.
| Fee Description | Unlimited Option | Mobile Pricing Option | Pay-As-You-Use/ Fee Saver | Fee Manager | |||
|---|---|---|---|---|---|---|---|
| Monthly Account Fees | |||||||
| Your Monthly Account Fee includes: Monthly Visa Cheque Card and Lost Card Protection Fees |
Qualifying transactions on the Fee Saver Pricing option are indicated with a * |
Monthly fee |
Number of Qualifying Transactions |
Per Item fee thereafter |
|||
| Smart Cheque | R79.00 |
N/A |
R22.00* |
R86.50 |
10 |
R11.75 |
|
| Islamic Cheque | R92.00 |
R25.50* |
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| Gold Cheque |
R92.00 |
R25.50* |
|||||
| Platinum Cheque |
R110.00 |
R33.00* |
|||||
| An additional monthly Exchange Control Admin Fee of R12.00 for Non Resident Cheque Accounts applies | |||||||
| Monthly Petrol Card Fee (Linked to Cheque Account) | R10.00 |
R10.00 |
R10.00 |
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| Minimum Balance for Rebate on fees | Not Applicable |
Fee Saver - R9 000 |
Not Applicable |
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| Subscription Fees on Online, Cellphone and Telephone Banking | Free |
Free |
Free |
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| Monthly Device Payment*** |
Not Applicable |
Device dependent Please see table to follow for further details. |
Pay-As-You-Use: Device dependent. Please see table to follow for further details. Fee Saver: Not Applicable |
Not Applicable |
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| Device Courier Fee | Not Applicable |
R150.00 |
Pay-As-You-Use: R150.00 Fee Saver: Not Applicable |
Not Applicable |
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| Linked Account Transfers | |||||||
| FNB ATM, Online Banking and Scheduled Transfers | Unlimited Transactions |
R3.30* |
Included |
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| Cellphone and Telephone Banking (IVR) and FNB App | Unlimited Transactions |
R3.30* |
Included |
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| Branch and Telephone Banking (Consultant Assisted) | R34.00 |
R27.50* |
Included |
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| Payments | |||||||
| FNB ATM, Online Banking and Scheduled Payments | Unlimited Transactions |
R7.20* |
Included |
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| Cellphone and Telephone Banking (IVR) and FNB App | Unlimited Transactions |
R7.20* |
Included |
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| Internal Debit Orders (Includes payments to Wesbank, FNB Credit Card, FNB Home Loans and FNB Funeral Cover) | Unlimited Transactions |
R3.30* |
Included |
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| External Debit Orders | Unlimited Transactions |
R14.00* |
Included |
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| Branch and Telephone Banking (Consultant Assisted) | R34.00 |
R27.50* |
Included |
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| Cheque Payments | R34.00 |
R27.50* |
Included |
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| Bank Cheque | R60.00 |
R60.00 |
R60.00 |
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| Stop Payments | |||||||
| Online Banking | R10.00 |
R10.00 |
R10.00 |
||||
| Branch and Telephone Banking (Consultant Assisted) | R55.00 |
R55.00 |
R55.00 |
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| Scheduled Payment Related Fees | |||||||
| Establishment and Amendment Fees (Online Banking) |
|
Free |
Free |
||||
| Establishment Fee (FNB Branch) | R11.20 |
R11.20 |
R11.20 |
||||
| Amendment Fee (FNB Branch) | R8.50 |
R8.50 |
R8.50 |
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| Card Purchases | |||||||
| Cheque and Debit Card purchases | Unlimited Transactions |
R2.75* |
Included |
||||
| Cheque Card Fuel Purchases | Free |
Free |
Free |
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| International Cheque and Debit Card Purchases (International Commission and Conversion fee of 2.75% of the transaction value applies) |
Unlimited Transactions |
R2.75* |
Included |
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| Petrol Card Purchase | Unlimited Transactions |
R3.90* |
Included |
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| Prepaid Purchases | |||||||
| FNB ATM, Online, Cellphone and Telephone Banking (IVR) | Unlimited Transactions |
R1.00* |
Free |
||||
| Other Bank's ATM | R6.00 |
R6.00 |
R6.00 |
||||
| Telephone Banking (Consultant Assisted) | R8.00 |
R8.00* |
Included |
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| FNB Connect Topup | Free |
Free |
Free |
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| Cash Withdrawals | |||||||
| FNB ATM | |||||||
| Value: R0.01 - R500.00 | Unlimited Transactions |
First four FNB ATM Cash Withdrawals free per month, thereafter
PAYU rates apply. |
R5.70* |
Included |
|||
| Value: R500.01 - R1 000.00 | Unlimited Transactions |
R11.40* |
Included |
||||
| Value: R1 000.01 - R1 500.00 | Unlimited Transactions |
R17.10* |
Included |
||||
| Value: R1 500.01 + | Unlimited Transactions |
R22.80* |
Included |
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| FNB Mini ATM | |||||||
| Value: R0.01 - R500.00 | Unlimited Transactions |
R2.75* |
Included |
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| Value: R500.01 - R1 000.00 | Unlimited Transactions |
R5.50* |
Included |
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| Cash Withdrawal at Point-of-Sale (Visa Electron Debit Card only) | Unlimited Transactions |
R0.90* |
Included |
||||
| FNB Branch Cash Withdrawal/Cheques Encashed | R34.00 + 1.25% of value (maximum R3000) |
R27.50* + 1.25% of value (maximum R3000) (Fee Saver limited to 5 Free thereafter the fee applies) |
Included + 1.25% of value (maximum R3000) |
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| Other Bank's ATM | R12.20 (1st within 12 months), thereafter R32.00 |
R6.50 + FNB ATM Fee |
R6.50 + PAYU FNB ATM Fee |
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| Other Bank's Mini ATM Cash Withdrawal | |||||||
| Value: R0.01 - R500.00 | R6.00 |
R4.00 |
R4.00 |
||||
| Value: R500.01 - R 1 000.00 | R6.00 |
R8.00 |
R8.00 |
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| International ATM Cash Withdrawal (International Commission and Conversion Fee of 2.75% of the transaction value applies) | R34.00 |
R22.00* |
Included |
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| International Branch Cash Withdrawal (International Commission and Conversion Fee of 2.75% of the transaction value applies) | R34.00 + 1.50% of value |
R22.00* + 1.50% of value |
Included + 1.50% of value |
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| Cardless Cash Withdrawal (Cellphone Banking) | R3.30 |
R3.30 + FNB PAYU ATM Fee |
Included |
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| Deposits | |||||||
| Cheque Deposit** | |||||||
| FNB ATM with Envelope or Automated Deposits (ADT) | Free |
Free |
Free |
||||
| FNB Branch (per deposit) | R14.00 |
R14.00 |
R14.00 |
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| Cash Deposits | |||||||
| FNB ATM with Envelope or Automated Deposits (ADT) | 0.65% of value, minimum R5.00 |
0.65% of value, minimum R5.00 |
0.65% of value, minimum R5.00 |
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| FNB Branch | 1.25% of value, minimum R18.85 |
1.25% of value, minimum R18.85 |
1.25% of value, minimum R18.85 |
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| ENC Upliftment Fee and Special Clearance | R70.00 |
R70.00 |
R70.00 |
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| ** From 1 June 2011 the standard cheque clearance period will be 7 business days. Clearance could differ per account. Kindly call 0860 11 22 44 or contact your branch for details.
*** The price of the device is subject to Exchange Rate fluctuations. Please note that while the price of the device quoted to you when you contract with FNB, will not change during the 24 month period, the fees on your Gold, Platinum Cheque Account and FNB Private Clients offer may change in line with our Annual Price review, effective 1 July 2012. Stocks are limited. |
| Other Account Related Fees (payable irrespective of the pricing option selected) |
Fee | |
|---|---|---|
| Balance Enquiries | ||
| FNB ATM, Online, Cellphone and Telephone Banking (IVR) | Free |
|
| Point-of-Sale | R1.25 |
|
| International Point-of-Sale | R2.50 |
|
| Other Bank's ATM | R3.70 |
|
| Branch and Telephone Banking (Consultant Assisted) | R3.50 |
|
| Statements | ||
| Official Monthly Statement | ||
| Posted/Printed statement | R9.50 |
|
| Current Month e-mailed statement | Free |
|
| First statement collected at FNB Branch | Free |
|
| FNB ATM Mini Statement (view or print) | R2.60 |
|
| E-mailing of historical statement (older than 2months) - Online Banking | R5.50 per statement |
|
| E-mailing of historical statement (older than 2months) - Branch and Telephone Banking | R7.50 per statement |
|
| Provisional Statement (Branch and Telephone Banking) | R7.50 per page |
|
| Penalty Fees | ||
| Unpaid Cheques and/or Debit Orders (per item) | R105.00 (R130.00 per item for the 4th & subsequent items within 12 months) |
|
| Honouring Fee (charge per item paid in excess of your account limits on accounts with credit agreements before 1 June 2007) | R90.00 (R115.00 per item for the 4th & subsequent items within 12 months) |
|
| Monthly Incidental Credit Fee (Charged per month in excess of your account limit (applies to accounts without credit facitlites or with credit agreements after 1 June 2007)) | R57.00 |
|
| FNB ATM Declined Transaction Fee (Insufficient funds or limit exceeded) | Free |
|
| All other FNB (Point-of-Sale, Scheduled Payments, EDO) | R6.00 |
|
| Other Bank's ATM Declined Transaction Fee (Local and International) | R6.00 |
|
| Deposit of Post-Dated Cheques (Per Cheque) | R70.00 |
|
| Card Replacement Fee | ||
| Visa Electron Debit Card | R60.00 |
|
| FNB Petrol Card | R90.00 |
|
| Visa Cheque Card/Chip-and-Pin Card | R90.00 |
|
| Credit Related Fees | ||
| Monthly Credit Service Fee (Charged only if the overdraft facility is utilised in excess of R200) | R27.00 |
|
| Monthly Credit Fee (Revolving Credit Plan (RCP)) | R40.00 |
|
| Incidental Credit Fee (Revolving Credit Plan (RCP)) | R57.00 |
|
| Cheque Books & Vouchers | ||
| Cheque Book Fees | ||
| Pocket 40 form | R31.50 |
|
| Duet 25 form | R36.00 |
|
| Record 100 form | R77.00 |
|
| Copies of Vouchers (Deposit Slips and Cheques) | ||
| Online Banking | Free |
|
| Branch and Telephone Banking | R20.00 |
|
| Convenience & Value Added Service Fees (payable irrespective of the pricing option selected) |
Fee | ||
| Roadside Assistance (Monthly Fee) | R5.00 |
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| LOTTO / PowerBall Purchase | R1.00 |
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| Cardless Cash Withdrawals (Cellphone Banking) | Dependent on pricing option - refer to above table |
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| Pay & Clear Now (Online Banking, FNB App and FNB Branch: Selected participating Banks only) | R36.00 |
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| Send money to an FNB eWallet | |||
| Value: R0.01 - R1 000.00 | R8.00 |
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| Value R 1000.01 - R 1 500.00 | R12.00 |
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| Additional Statements (Fee per month) | Paper |
Online |
|
| Daily | R70.00 |
R40.00 |
|
| Weekly | R28.00 |
R18.00 |
|
| Twice Monthly | R14.00 |
R10.00 |
|
| Electronic Subscription Services (Fee per month) | |||
| My Limit Alert | R2.95 |
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| Scheduled Payment Alert | R2.75 |
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| Balance Alerts (Fee per month) | |||
| Monthly | R0.90 |
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| Weekly | R2.95 |
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| Daily | R14.80 |
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| Payment Notifications | |||
R0.65 |
|||
| SMS | R1.00 |
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| Fax | R4.60 |
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| Other | |||
| Card Courier Fee (Free for Platinum Cheque Card Holders) | R100.00 |
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| Online Banking Password Reset (Consultant Assisted) | R50.00 |
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For any fee or FNB Personal Cheque Account queries please call the FNB Pricing Line on 0860 11 22 44.