Pssst... a customer favourite just for you...

Get a personalized loan offer tailored for your credit score

GET IT TODAY

Product Guide: FNB Overdraft

FNB Gold Cheque Account Overdraft

Comparison Overview:

  • Product: Gold Cheque Account Overdraft
  • Arrangement Fees: Free
  • Monthly Maintenance Fees: R57
  • Interest: On Application
  • Unauthorised borrowing: ?
  • Professional Advice: Yes

Product Overview

Only pay when you use it! A FNB Gold Cheque Account Overdraft is a convenient credit facility linked to your account that gives you the confidence to manage your personal finances.

Benefits:

  • Easy access to a credit facility so that you can handle unexpected events
  • No fees unless you use more than R200 of your limit. If you don't use it, you won't pay a monthly overdraft fee
  • Flexibility as payments made into your facility make the funds available for use once more.
  • A credit limit and interest rate that is dependent on your credit profile
  • Optional Debt Protection available in case of your death, permanent disability, retrenchment or temporary disability
  • You may qualify for additional eBucks

Qualifying Criteria

  • Age 18 years and older
  • Income: R120 000 - R349 999 per annum

Documents needed

  • South African ID book/ID card
  • Proof of residence (e.g. water, electricity or phone bill not older than 3 months)
  • Foreign nationals will be required to present a work or study permit



FNB Premier Cheque Account Overdraft

Comparison Overview:

  • Product: Premier Cheque Account Overdraft
  • Arrangement Fees: Free
  • Monthly Maintenance Fees: R57
  • Interest: On Application
  • Unauthorised borrowing: ?
  • Professional Advice: Yes

Product Overview

With Premier Cheque Account Overdraft you can experience dedicated banking service and get access to a world of rewards and benefits.

Qualifying criteria:

  • Your income per year must be between R350 000 and R749 999


FNB Business Overdraft

Comparison Overview:

  • Product: Business Overdraft
  • Arrangement Fees: ?
  • Monthly Maintenance Fees: R57
  • Interest: On Application
  • Unauthorised borrowing: ?
  • Professional Advice: Yes

Product Overview

FNB Business Overdraft is a convenient, short-term credit facility that is ideal for emergencies and unforeseen circumstances.


What this offers

  • The facility is linked to your Business Account and provides the ability to make payments even when there are no cash funds available in your account, thus avoiding penalty fees and additional charges
  • No minimum monthly payment as long as you remain within the agreed limit
  • Payments into the overdraft facility make funds available for use again
  • Flexibility, as you can deal with unexpected expenses and capitalise on any opportunities
  • Monthly repayments are based on the amount of credit you used

What it costs

  • Pay only for overdraft when you use it
  • The amount you qualify for, as well as the interest rate, will depend on your credit profile
  • The interest rate will be calculated for you, once your application has been submitted
  • Interest is charged monthly on your overdraft balance
  • Credit fees will be provided upon application

Qualifying Criteria:

Must be an FNB customer with an FNB Business Account


fincheck

Contact Us Terms & Conditions Privacy Policy

Fincheck is a financial comparisons website that organises information to assist the borrower in making their best financial decision.

Fincheck gathers information from numerous banking partners and presents it to the borrower in a simple, understandable way. Lenders benefit from an additional market place and extensive customer reach. Loan amounts vary from lender to lender. Fees, interest rates, loan amounts and credit scores influence the repayment terms. Lenders require personal details to control their risk and assist the government to combat theft, money laundering, terrorism. Fincheck does not endorse any particular product or company. We are an independent company. The information shown and provided is an opinion, based on numbers and must not be seen as advice or consultation.