Only pay when you use it! A FNB Gold Cheque Account Overdraft is a convenient credit facility linked to your account that gives you the confidence to manage your personal finances.
Benefits:
Easy access to a credit facility so that you can handle unexpected events
No fees unless you use more than R200 of your limit. If you don't use it, you won't pay a monthly overdraft fee
Flexibility as payments made into your facility make the funds available for use once more.
A credit limit and interest rate that is dependent on your credit profile
Optional Debt Protection available in case of your death, permanent disability, retrenchment or temporary disability
You may qualify for additional eBucks
Qualifying Criteria
Age 18 years and older
Income: R120 000 - R349 999 per annum
Documents needed
South African ID book/ID card
Proof of residence (e.g. water, electricity or phone bill not older than 3 months)
Foreign nationals will be required to present a work or study permit
FNB Premier Cheque Account Overdraft
Comparison Overview:
Product: Premier Cheque Account Overdraft
Arrangement Fees: Free
Monthly Maintenance Fees: R57
Interest: On Application
Unauthorised borrowing: ?
Professional Advice: Yes
Product Overview
With Premier Cheque Account Overdraft you can experience dedicated banking service and get access to a world of rewards and benefits.
Qualifying criteria:
Your income per year must be between R350 000 and R749 999
FNB Business Overdraft
Comparison Overview:
Product: Business Overdraft
Arrangement Fees: ?
Monthly Maintenance Fees: R57
Interest: On Application
Unauthorised borrowing: ?
Professional Advice: Yes
Product Overview
FNB Business Overdraft is a convenient, short-term credit facility that is ideal for emergencies and unforeseen circumstances.
What this offers
The facility is linked to your Business Account and provides the ability to make payments even when there are no cash funds available in your account, thus avoiding penalty fees and additional charges
No minimum monthly payment as long as you remain within the agreed limit
Payments into the overdraft facility make funds available for use again
Flexibility, as you can deal with unexpected expenses and capitalise on any opportunities
Monthly repayments are based on the amount of credit you used
What it costs
Pay only for overdraft when you use it
The amount you qualify for, as well as the interest rate, will depend on your credit profile
The interest rate will be calculated for you, once your application has been submitted
Interest is charged monthly on your overdraft balance
Credit fees will be provided upon application
Qualifying Criteria:
Must be an FNB customer with an FNB Business Account
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