1 reviews | Active since Jun 2022
Say NO to a FNB Home Loan
Being a client of FNB with a flexi home loan, there is no benefit of interest on additional funds paid into the flexi account. According to FNB home loans, a benefit can only be achieved if the funds are made unavailable when a recalculation is done to result in a lower monthly premium.
It is not known why or when "the no-interest policy" was implemented, since other banks do provide the benefit of interest earned on their flexi accounts.
Considering that FNB is filling their own pockets with my interest earned, consider my home loan moved and my extensive efforts of negative adverti*****t to advise others not to consider a home loan from FNB.
FNB was contacted regarding this matter, however showed no interest in keeping their client nor to change their policy.
