For the many asking what the FNB Savings account requirements are, here is a detailed guide to assist you.
Savings accounts have become a basic necessity for most people. This is why it has given rise to it at many banks. It allows individuals to start saving something for their tomorrow.
The First National Bank (FNB) offers various Savings accounts for all customers. To operate one, make sure you have all the FNB account requirements to apply for one successfully.
Kindly read the paragraph below to know the requirements for opening a Savings account with FNB.
FNB Savings Account Requirements
The following are the FNB Savings account requirements:
1. Proof of identity
Citizens can present any following to confirm their identity; driver’s license, state-issued ID, Military ID, passport or Permanent Resident Card, and visa.
Students can submit school ID authorized by the appropriate authorities
2. Proof of address
3. Minimum initial deposit: A minimum initial deposit of $50 for opening the account online. However, FNB’s savings accounts are attached with no minimum initial deposit when you visit their branch to register the account.
What Is The Minimum Balance Requirement For FNB Savings Account
Since FNB offers more than one savings account, the minimum balance requirement for an FNB savings account may differ.
Kindly refer below for the various savings account and their respective minimum balance:
Health Savings Account has no minimum required balance.
The First Rate Savings account has an average minimum balance of $500 to be maintained daily.
There is an average minimum balance of $5000 per day for the FirstRate Money Market account.
Savings Account Withdrawal Limit
FNB Savings accounts are assigned withdrawal limit and frequency. These withdrawal limits are given depending on the savings account you are operating.
This means there is an amount of money you are automatically not allowed to make a withdrawal pass. Hence kindly contact their customer service agents to find out.
You can visit https://www.fnb-online.com/Personal/Checking-Savings/Savings/product-list to find out more about FNB Savings account requirements.
This is where we will end for now.
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