FNB Cheque Debit

FNB Cheque Account — Overview

Company history

FNB traces its roots to the Eastern Province Bank founded in 1838, making it one of South Africa's oldest banks. The bank has been a technology innovator in South African banking — it launched online banking in the 1990s and has consistently won awards for its mobile banking app. FNB introduced PayShap, South Africa's instant payment system, in partnership with other major banks.

Advantages

• ✓eBucks Rewards — South Africa's leading bank rewards programme
• ✓Award-winning FNB app (consistently ranked #1 in SA)
• ✓Instant PayShap payments 24/7
• ✓Virtual card for secure online shopping
• ✓Contactless Visa debit card
• ✓FSCA and SARB regulated
• ✓Comprehensive digital banking platform

Disadvantages

• ✗Monthly fee of R109 (Gold Cheque Account)
• ✗eBucks rewards require meeting monthly qualifying criteria
• ✗ATM cash withdrawal fees at non-FNB ATMs
• ✗Requires South African ID and FICA compliance