1 reviews | Active since Jan 2020
Pathetic interest rates!
I wish I could give FNB zero stars. I’m currently on a 9.85% interest rate on my mortgage. I bought a property well below market value, fully renovated it, and was planning to upgrade it further with solar and backup water systems.
I app**** for an advance loan, only to be offered a much higher interest rate — despite my financial position improving significantly over the years. I’ve asked multiple times for someone higher up to contact me, but I’ve received no feedback to date.
Today, I app**** for a full switchover for both myself and my wife, hoping to move to ABSA or Standard Bank.
As a side note, I work in real estate and see, year after year, how clients leave FNB because their home loans department is pathetic. ABSA and Standard Bank often have grants pre-approved, while FNB still insists on doing valuations. Wake up or close your doors!
This is exactly why people who are first-time buyers and have banked with FNB for years leave them for ABSA and Standard Bank. This is exactly why my advice would be to bank with ABSA or Standard Bank, because with FNB, loyalty will never be shown.
This is exactly why people who are first-time buyers and have banked with FNB for years leave them for ABSA and Standard Bank. This is exactly why my advice would be to bank with ABSA or Standard Bank, because with FNB, loyalty will never be shown.