First National Bank continues to amaze me. (AND NOT IN A POSITIVE WAY)

Good morning,

A few days ago and wrote an " introductory " review of First National Bank. Because it takes over an hour to analyze each statement and the banks fees sometimes totalling over R1000 a month I began with CASH ADVANCES. Over the past 12 months I received multiple Cash Advances which I never requested or actually required as my account was comfortably in credit.

Each Cash Advance comes with a very high fee. In my cases the total fees amount to hundreds of rands. This morning I contacted FNB and requested a Cash Advance ( for the very first time) and was the Cash Advance as per their terms and conditions my request was declined.

Over the weekend I will try audit every months bank statement and request FNB tries to justify their fees. Just for your own benefit. FNB has 4 fees: 1) Monthly Account Fees 2) Service Fees ( In my case exceed close on R1000) on some months 3) Other fees 4) VAT charged on your total of the first 3 fees as mentioned above.

As things currently stand ( until I waste hours of my weekend dicecting my monthly FNB bank statements I urge you if you are an existing FNB account holder to be vigilant and go through your bank statements as it appears there is a very valid reason they have the poor ratings as a bank. You can be sure this will not be my last review on FNB.

Thank you for taking your time to read this review.