IA
Ilko A

1 reviews | Active since Nov 2018

14 Dec 2020, 07:54

A trick they have under their sleeves - beware!

My personal abuse by this bank only gets worse .. In shock today I discovered that if i pay 3rd parties online from Money Maximiser directly, there is a fee of R45 per payment ! This of course is in their pricing guide which they call Investment pricing, which, and in the case of Money Maximiser is precisely the opposite of Investment, rather a money waste, especially if you pay out from there.

They now mention in the guide that if you first transfer the amount to your check account and pay 3rd parties from there, there will be no fees. They could have flashed a message about this when you attempt a payment from MM, but they prefer you to proceed and get nailed. Every time you pay. And what is the difference when it comes to their transaction cost ?! 0!! It is simply structuring a ******* nicely and packaging it somewhere, masking all in your main account pricing with "large letters" saying that payment to 3rd parties via online channels is free ..

But then if you press the back button on your browser it logs you out completely, and you have to login and start afresh ..

Thank you fnb

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