Life Start Student Account - For Registered Students

Size: px

Start display at page:

Download "Life Start Student Account - For Registered Students"

Karin O’Brien’
8 years ago
Views:

1 Life Start Student Account For Registered Students The Life Start Student Account is available to registered full time students aged 18 to 25. At FNB we believe that as a student, managing your cash and finances should be the least of your worries. That is why FNB offers you hasslefree student money management and you do not need to worry about expensive bank charges. There are two pricing options available to Life Start customers: 1. Pricing Option Who is this option for? This option is best for you if you want to know your fees up front and mainly transact through FNB s electronic channels. How does this option work? For a fixed monthly fee on your Life Start Student Account you will receive unlimited qualifying electronic transactions, which include: Debit purchases (Local and International) Prepaid purchases through FNB s electronic channels Electronic linked account transfers Electronic third party payments Debit orders Scheduled payments and transfers Cash withdrawals at an FNB Mini ATM or PointofSale Electronic balance enquiries You also get: 6 free cash withdrawals per month. Additional FNB ATM cash withdrawals are charged at PayAsYouUse rates. Excluded are branch, cheque and other banks ATM transactions as well as special instructions and penalty fees which are charged for separately. Page 58

That is why FNB offers you hasslefree student money management and you do not need to worry about expensive bank charges. There are two pricing options available to Life Start customers: 1.

2 You pay no subscription fees for FNB s electronic channels, so you can bank wherever you choose without having to worry about fees before you even start transacting. echannels include FNB Online Banking, Cellphone Banking, Telephone Banking (IVR), FNB Banking App and s. You also get free incontact which helps you to manage your finances. 2. PayAsYouUse Pricing Option Who is this option for? This option is ideal if you do not transact regularly. How does this option work? You pay for each transaction according to the applicable transaction fee. You will not pay the monthly account fee if you have at least R500,00 in your account at ALL times. Transaction s Description Purchases** FNB Prepaid Purchases*** FNB Cash (local)**** Transfers Electronic Channels* 6 per month. Thereafter R6,30 per R500,00 or part thereof, max R25,50 Telephone (Consultant) R34,00 R34,00 Branch/ Cheque % of withdrawal value For a low lonthly fee this option offers you: card purchases withdrawals with Cash@Till TM Cellphone Banking and FNB Banking App transactions which include: Prepaid airtime and electricity purchases Beneficiary payments, Pay2Cell and traffic fine payments Internal transfers Mini statements and balance enquiries 1. Pricing Option s that have not changed or have decreased are shown in orange. Debit Orders * FNB Online Banking, Cellphone Banking, (IVR), FNB Banking App and s. ** International Commission and Conversion fee of 2.75% of the transaction value applies for international purchases. *** Prepaid Purchases at other Banks ATM charged at R7,50. **** ATM Cash at other banks ATM charged at R6,50 + (R6,30 per R500,00 or part thereof, max R25,20) from the first withdrawal. Other s Cash Monthly s FNB Mini ATM Description Other Banks Mini ATM R7,50 Account Subscriptions to incontact, Online Banking, Cellphone Banking, Telephone Banking and the FNB Banking App R23,50 International ATM (Additional 2.75% International Branch (Additional 2.75% % of withdrawal value Page 59 Page 60

PayAsYouUse Pricing Option Who is this option for? This option is ideal if you do not transact regularly. How does this option work?

3 2. PayAsYouUse Pricing Option s that have not changed or have decreased are shown in orange. Monthly s Maximum Description rate for Platinum and Islamic Platinum Cheqeu Acc Account R5,00 Minimum Balance for Rebate R500,00 Other Transaction s Payable on the Pricing Option FNB Mini ATM (per R500 or part thereof) Other Banks Mini ATM (per R500 or part thereof) R3,00 R4,50 International ATM (Additional Content 2.75% to be Provided R25,00 Subscriptions to incontact, Online Banking, Cellphone Banking, Telephone Banking and the FNB Banking App International Branch (Additional 2.75% and Transfers R25, % of withdrawal value Transaction s Description Purchases** FNB Prepaid Purchases*** Electronic Channels* R1,00 Cellphone Banking Branch/ Cheque Prepaid Purchases R 27,50 FNB Cash (local)**** R6,30 per R500,00 or part thereof, max R25,20 R33, % of withdrawal value s Applicable Irrespective of Pricing Options Selected Deposits Transfers Internal Debit Orders ( to FNB) R3,30 R7, 0 0 R3,50 R33,00 R33,00 Cheque Deposits Cash Deposits FNB Branch FNB Branch R16, % of deposit value (min R5,50) 1.35% of deposit value (min R30,00) External Debit Orders R15,90 ENC Upliftment and Special Clearance R80,00 Deposit of PostDated Cheque R80,00 * FNB Online Banking, (IVR) and s. ** International Commission and Conversion fee of 2.75% of the transaction value applies for international purchases. *** Prepaid purchases at other banks ATM charged at R7,50. **** ATM cash withdrawals at other banks ATM charged at R6,50 + (R6,30 per R500,00 or part thereof, max R25,20) from the first withdrawal. Bank Cheque R74,00 Page 61 Page 62

R500 or part thereof) Other Banks Mini ATM (per R500 or part thereof) R3,00 R4,50 International ATM (Additional Content 2.

4 Stop Penalty s Online Banking, Cellphone Banking and FNB Banking App R5,00 R15,00 FNB Branch R35,00 Scheduled Payment Related s Unpaid Cheques/Debit Orders (per item) (Insufficient Funds or Limit Exceeded) Reversal of incorrect Send money to an FNB ewallet transaction R60,00 for 1 st 3 thereafter R138,00 per subsequent item within 12 months R20,00 Establishment and Amendment s (Online Banking) Declined Transactions Establishment (FNB Branch) R12,50 Other FNB (PointofSale, Scheduled Payment, EDO) and other Banks ATM R7,00 Amendment (FNB Branch) R9,50 Replacement s Balance Enquiries Replacement R75,00 FNB Online Banking, Cellphone Banking, (IVR), FNB Baking App and s Other Banks ATM Branch and R3,95 R3,95 Convenience and Value Added Service s Convenience Maximum rate and for Platinum Value Added and Islamic Platinum Cheqeu Acc Services LOTTO TM / Powerball Purchases R1,50 Statements less Cash Withdrawal R4,00 + (R6,30 per R500 or part thereof, max R25,20) Cellphone Banking Mini Statement Pay & Clear Now R38,00 Mini Statement (print or view) R2,80 Send Money to an FNB ewallet ing of Historical Statements older than 3 months Online Banking R5,50 (per statement) Value: R20 R1000 Value: R1 000,01R2 000 R12,50 ing of Historical Statements older than 3 months Branch and Telephone Banking R11,00 (per statement) Value: R2 000,01R3 000 Send Money to Zimbabwe R16,50 Provisional Statement Branch and R11,00 (per page) Value: R0 R1 000 R45,00 Value: R1 001 R1 500 R70,00 Page 63 Page 64

Banking) Declined Transactions Establishment (FNB Branch) R12,50 Other FNB (PointofSale, Scheduled Payment, EDO) and other Banks ATM R7,00 Amendment (FNB Branch) R9,50 Replacement s Balance Enquiries

5 Additional Statements Maximum rate for Platinum and Islamic Platinum Cheqeu Acc Online Paper Daily Weekly Twice Monthly R44,00 R20,00 R11,00 R80,00 R32,00 R16,00 Electronic Subscription Services My Limit Alert Scheduled Payment Alert R2,95 R2,75 Balance Alert Monthly R0,90 Weekly R2,95 Daily R14,80 Payment Notifications R0,68 SMS R1,05 Fax R4,85 Other s Courier Online Banking Password Reset R120,00 R52,50 Online Banking Account Verification (FNB Accounts and Other Banks Accounts) R4,10 Viewing of Payment History (older than 3 months) R4,10 For any fee or FNB Life Start Student Account related queries please call Page 65

Email R0,68 SMS R1,05 Fax R4,85 Other s Courier Online Banking Password Reset R120,00 R52,50 Online Banking Account Verification (FNB Accounts and Other Banks

Personal Cheque Account Rewards and Benefits

Personal Cheque Account Rewards and Benefits With your FNB Cheque Account, we have a host of rewards and benefits designed especially for you. Please note that the rules have changed, effective 1st July