How To Cancel FNB Student Account, 2023, Close FNB Student Account Now

There is an age limitation associated with the FNB student account, and after reaching 25 years, you no longer qualify to operate the account. What do you do? The ideal option is to cancel the account. Do you know how to cancel the account? Worry not; in this guide, I’ll share how to cancel the FNB student account without hassle.

There are mistakes I would like you to avoid when requesting account cancelation with FNB.

Many people request while their account has ongoing payments, while others have a negative balance.

The bank will decline the request until you have the account at Zero balance.

For an easy process when you would like to cancel your FNB student account, I’ve written a checklist of things to do before requesting account cancellation.

Table of Contents

Settle The Negative Balance Before Cancelling Your Student Account

In case you have a negative balance in your account, the bank will decline your request to cancel the account.

You may wonder why the negative balance.

Most of the FNB accounts have a monthly fee, and even if your account balance is zero, the fee is still posted in your account.

You have to pay the fee even if you have not been using the account.

Withdraw or transfer a positive balance on your FNB account

If you have funds in your FNB student account, you have to either withdraw the money or transfer it to another account and request the cancellation.

Don’t allow any payment to be made to the account.

The process to cancel an account may take even two weeks, and in case any money is paid to the account, the whole process is interfered with.

Thus, you have to cancel all payments associated with the account, especially if you have a credit card or automatic payment linked to the account.