FNB has updated its prices for the upcoming year, with several accounts seeing no increases.
FNB has announced the changes to its account pricing and value propositions that will come into effect from July and August 2023.
“The changes are consistent with our efforts to meet our customers’ individual, family, and business needs by offering excellent value in all economic conditions. The current economic environment is characterised by high inflation and high-interest rates,” said Lytania Johnson, FNB Personal Segment CEO.some of our monthly account fees unchanged and limiting increases to below inflation.
“Additionally, we continue to make it easy for customers to pay and get paid by reducing some inter-bank payment fees and offering them more payment options, largely free for low-value payments.”The Easy Zero Account will remain free, whilst the Easy PayU and Easy Smart have seen increases of R0.30 and R3.00, respectively.
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