FNB Premier Credit Card

Many people believe that it is impossible to save a lot of money by using a credit card every month. Even more, they doubt that they can live a higher quality life. The FNB Premier Credit Card has come to dispel their doubts and reveal the truth.

This credit card, one of the best options among many other credit cards available in South Africa, combines all these points in one place. Save money, take advantage of the great credit potential available, split your purchases, and enjoy!

Are you ready to find out all about the FNB Premier Credit Card? We’ll explain how this card works, its main advantages, great rewards, programs, and its disadvantages. Read on to find out all the other important information.

How does FNB Premier Credit Card work?

First, it is significant to mention that the account is suitable for individuals who wish to have a complete credit option, uniting savings, many rewards, lower fees and who have annual income between R300,000.00—R749, 999.00.

FNB is an amazing bank, focused on the customer experience and ready for you to be a part of. Plus, with their in-house rewards program, you get to participate in Ebucks rewards, which allow you to save lots of points year after year that will help you buy things you may want. Best of all, you get rewarded for buying items that you would normally buy, without earning anything in return.

Another interesting point of the FNB Premier is in the 55-day interest-free freedom that helps you pay off your credit to the bank before you spend unnecessary money. It is important to clarify that this interest rate is also personalized, meaning that you can only pay a percentage according to the amount of money you spend on your card. Too good, right?

The more you spend, the more you are rewarded.

Pros for using FBN Premier Credit Card

The FNB Premier Credit Card is here to help you save big, have a better credit card experience, better rates, and lots of rewards for you and your family. Check out some advantages of using this card:

• Up to 15% back in Ebucks rewards
• 55 days interest-free
• Personalized interest rates
• Get 15% on Uber and Uber eat in eBucks rewards
• Free card purchases
• Slow Airport lounge access
• Automatic debt protection

Once you have the FNB Premier in your hands, you can enjoy all this and more. The advantages of having this card are practical and, especially, for those who want to make the most of the benefits of having a credit card.

After this list, I also want to tell you about InContact. It allows you to chat with online bankers who are there to help you with your account, and can also answer any questions you might have about your account, as well as your money and investments.

Cons of using the FNB Premier Credit Card

Normally, when it comes to the FNB Premier, some points become a disadvantage because it is a special card. Not most people can have it in their wallet, only those who earn more than R25,000.00. This fact ends up limiting many people, for having higher requirements than expected.

Another inconvenient point to have access to this card, is the minimum age required, 55 years or older to apply for the card. In addition, it is also necessary to have a good credit score to get the FNB premier.

To conclude, the fees can weigh on your budget if you do not plan monthly. Well, those are the main disadvantages of trying to have or own the FNB Premier Credit Card in your pocket.

Interest rates and fees for this Credit Card

If you were curious to learn more about FNB Premier’s fees, don’t be sad, check out the main fees this card has and start planning right now:

• Once off initiation fee: up to a maximum of R175.00
• Card facility service fee: R 7.00
• FNB premier credit card monthly account fee: R75.00
• Cash deposit at FNB ATM: R1.10 per R100.00
• Cash deposit at FNB Branch: R80.00 + R2.50 per R100.00
• Cell phone banking payments: R8.50
• FNB Branch banking payments: R80.00
• FNB ATM: R2.00 per R100.00

These are just some fees you will be liable to pay when you have the FNB Premier Credit Card.

How to Apply

To get the FNB Premier Credit Card, you need to go to the FNB website and apply for the card online. Have your important documents ready and be aware of the criteria for getting this card issued:

Eligibility Criteria

• Age 55 and above as well as retired
• Annual salary between R 240 000.00 and R 749 999.00

Required Documents

• South African ID book or smart card
• Recent payslip
• Proof of residence 

If you are accepted, your card will be delivered to you.

Once you have the FNB Premier in your hands, you can enjoy all this and more.

Conclusion

In conclusion, the FNB Premier Credit Card offers significant advantages such as generous Ebucks rewards, an interest-free period on purchases, personalized interest rates, and access to airport lounges. These benefits make it a compelling choice for individuals with higher incomes and good credit scores who can fully utilize its features.

However, it’s important to note the card’s eligibility criteria, including the minimum income requirement and age restriction of 55 years or older. Additionally, potential users should be mindful of the fees associated with the card, including monthly account fees and transaction charges, which can impact overall cost if not managed effectively.

Ultimately, if you meet the requirements and can make use of its perks, the FNB Premier Credit Card can enhance your financial experience with rewards and convenience tailored to a higher-income lifestyle in South Africa.