How Does The FNB Premier Account Work In South Africa

If you have been searching, how does the FNB South Africa Premier Account Work? You have come to the right place.

Throughout this article, I’ll share details about the FNB premier account altogether, adding up the understanding of how the account works.

The FNB Premier Cheque Account is equal to a Cheque account and is meant for people with annual income between R300, 000.00, and R749 000.00. The account is ideally good for the young professionals

How Does the FNB South Africa  Premier Account Work

FNB premier account works straightforwardly, quick to understand. After registering the account and approval, the bank opens your FNB Premier Cheque Account.

The bank can also issue you with an FNB Premier Credit card upon request.

The FNB premier account also comes with a free savings account, and after saving, you get to earn competitive interest. You can access the savings anytime.

You can withdraw from the premier account at ATM, Shoprite & Checkers, Pick n Pay, Boxer Superstores.

The FNB premier account comes with different benefits, including free FNB Connect data, voice minutes and SMSs monthly, Free Digital banking on the FNB App, FNB Online Banking, and Cellphone Banking.

Accessing the account online makes it easy to make payments no matter where you are without visiting the bank.

FNB South Africa Spousal Account

The FNB Premier Account more so offers other account features like a spousal account. The account is meant for your family members like your spouse and children.

The spousal FNB Premier Cheque Account comes with a monthly fee of R149 and an all-inclusive portfolio product such as an FNB Premier Cheque Account and Credit card.

FNB Premier Account

The FNB Premier Account additionally offers a free FNBy Account meant for your kids. The FNBy account is a fully functioning account and can be used for day-to-day banking and transfers from the account.

There is also a savings account within the FNBy account meant to save for your kids, and the savings get to earn good interest.

FNB is specific to those who qualify for FNBy as the kids have to be less than 25 and below 18 years.

There is obviously no monthly fee to use the account, but if the kids are 18 years and above, they pay a monthly fee of R17 per month for the account.

FNB Premier Cheque Account for Young Professionals

Under the FNB premier account, another account is meant for young professionals who are aged between 25-34 years.

Your profession has to be earning R5500 a month to qualify for the account.

That is how the FNB South Africa Premier Account work.