Do you want to know the FNB Call Account benefits for South Africans? Keep reading this ultimate guide.
Has someone approached you and told you to open an FNB Call account, or have you heard about a call account and don’t know what it all is about?
A good thing you are searching for an answer at the right place. I’ll get you to understand the FNB Call account benefits.
The FNB Call account is a type of account that is meant as a savings account and supports day-to-day banking services.
With an FNB Call account, you can save money and access it anytime you need; use the account to make and receive payments.
The account comes with flexibility whether you would like to add or withdraw money from your account.
The bank also allows you to open the account in a joint capacity.
Thus helping groups or business partners save money and access it whenever they need it.
For further understanding, what is the FNB Call account?
What Is An FNB South Africa Call Account
The FNB call account is a type of account for funds investment, and it offers both savings and checking account services.
The account also has both savings account and checking account features.
For instance, like a checking account, there is no fixed deposit savings period; hence you can access the money at the time you would like.
Furthermore, there is no limitation to the number of deposits or withdrawals you can make.
With a Call account, you also enjoy the savings account benefits like your savings accruing interest.
Fortunately, there are no penalties when you withdraw your savings, as is the case with other types of savings accounts.
Benefits of FNB Call Account
There are numerous benefits of opening an FNB Call account.
These benefits make the account preferred contrary to other accounts offered by First National Bank.
These benefits include:
1. Immediate access to savings
FNB Call account offers savings services, and you can access the funds at any time.
There is no limitation to the account and no penalties.
With the FNB call account, you can also use it to make or receive payments like a checking account whenever you would like.
3. It’s free, with No monthly fee.
The FNB Call account is free. There is no monthly fee required to use the FNB Call Account.
The charges come in when making transactions like withdrawals.
4. High-interest rates
The Call account attracts higher interest rates compared to other savings accounts.
If you would like to keep your emergency fund and still access it anytime you want while still earning interest, a call account is the one to choose.
That is all we have for you in this guide.