LM
Lusanda M

1 reviews | Active since Dec 2017

18 Feb 2019, 14:35

Revolving credit facility

I am writing to complain about service fees that are being charged to my revolving credit plan account - which is linked to my premier cheque account .

On 2nd of May, 2018 I was offered a revolving credit facility and on information on from your consultant and on the website you only pay the service fee if you utlilise the facility which I have not. I was charged a R150.00 initiation fee which I settled immediately and had no problem . The irritating thing is I keep getting charge the montly service fee to the value of R69 every month and this month I was charged 1R38. I've been to a branch to query this and the customer consultant confirmed that I should only pay fees if I have used the account, which I have not - no money has been transferred from the revolving loan to my cheque account. I've been complaining about this and nothing is being done I would like a cancellation of the revolving loan facility (and would like the monthly fees I've been paying and the initiation fee (Total of R840) to be refunded to my cheque account Immediately as I feel that FNB is being ************ .

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Replies (2)
FNB (First National Bank)
FNB (First National Bank)'s reply18 Feb 2019, 16:30
Official

Good Day,

Thank you for taking my call earlier. 

I acknowledge receipt of your complaint and apologise for the inconvenience caused. Thank you for bringing this matter to our attention. 

 As per our telephonic conversation, a formal complaint has been logged and reference number ***NF was issued. 

I have referred the matter to the relevant department who will provide feedback. 

Once again, I do apologise for the inconvenience and frustration caused. 

Regards, 

Hello Peter Complaints Team 

*** (option one) 

LM
Lusanda M's update28 Feb 2019, 10:05
Reviewer Update
So I was told that no funds will be reversed and I've sent emails asking FNB to close the facility but they have not closed it. I've tried everything and there is no option for me to close it myself