1 reviews | Active since Jan 2017

24 Aug 2018, 07:39

FNB super charging

Quite disgusted when I reviewed my bank statements in detail. FNB makes VAS fee charges of some ridiculous proportions. Charging me R 18.50 each month for my medical aid debit order, R 8.50 for every beneficiary payment each month. All in all I end up paying R 300+ for bank charges alone. Not to mention I recently was offered the change to upgrade to premium banking, which was the start of all these hidden charges, not to mention my eBucks rewards have been slashed to a quarter of what they were. Honestly not very good value for money. I have a Capitec account for savings and personal allowance spending and it would save me a fortune if i just closed everything I have at FNB and put all my banking through Capitec. Which I seriously would consider that, I get charged up to 1000% of what rewards I get back. Seriously not worth it

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Replies (2)
FNB (First National Bank)
FNB (First National Bank)'s reply24 Aug 2018, 09:51
Official

Good Day Gary Martin Smith ,

Thank you for bringing this to our attention.

We acknowledge your complaint.

It has been routed to Premier banking to investigate and provide resolution.

Feedback will be provided shortly.

I do apologise for any inconvenience caused.

***

Regards,

Client Experience Team

Email address: ***

Tel number: ***

's update24 Aug 2018, 15:53
Reviewer Update
Just received a call from your Premier banking team and all I can say is that I am disgusted. First of all get given a whole long speech about how I (somehow) am on a banking package that is not a advertised and promised when I upgraded. Wording this 'lecture' in such a way to be made to feel I made an error, I was actually asked if I read the T&C's when agreeing to the upgrade. Then get told that I need to undergo verification to be placed on the fixed current account package of R 185.00 pm. Okay cool, but hold on, I was sold that as a holistic package I was signing up for? Obviously I understand that I cant get the extra fees back and I understand, I am the sort of person that understands the ways of the world and business. But I would like to press and stress this in all seriousness, I moved away from Nedbank because I was sold good service and convenience. But this right here is neither, not only do I discover that the last three months worth of banking fees comes to just over R 1000.00 (can only pull 3 FREE statements so I can't go back further) and get little to no real resolution to the problem OR the fact that the deal I thought I signed up for I am not getting. So basically I am getting shocking and poor service with horribly overcharged private bank account. So where is the upside for me as a client, ok well, fine I understand as I was told by the service agent who called I can be placed onto the fixed fee rate of R185.00. but that does very little to quell the sour taste in my mouth right now, as I really do feel the upgrade was the worst move I have made for my private banking, by reflected in my eBucks earnings. Its now a quarter of what it use to be and my spending habbits have not changed. I buy at checkers, makro, dischem, engen... So there is no benefit of me staying at FNB. And right now as I feel about this, I will write it all off, walk into a branch and close down my entire FNB profile. And I dont make threats, as I said to the service agent that called, I am giving it until Monday next week, and I will close it all down. I have already informed my payroll department to terminate my FNB account from the company system, so that ball is already rolling