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As a discerning FNB Private Clients client, we understand that you are clear about what you want, convenience being key. Therefore, we are pleased to offer you a free linked cash optimising “Savings Pocket”, paying competitive interest rates of up to 4.5%, whilst allowing easy access to your funds as needed via your Online Banking profile.
Additional benefits
- Immediate access to your funds
- No minimum deposit
- No notice period
- No fees
Requirements
- The only transactions available on your Savings Pocket are transfers to and from your linked primary cheque account
- Only one Savings Pocket is available per account
- Open instantly online (Click on Accounts tab -> Select Cheque Account -> Choose Open Savings Pocket) or contact your Private Banker
- May only be linked to individual clients’ or natural persons’ accounts (this excludes juristic entities’ accounts)
We would like to take this opportunity to inform you of the adjusted credit interest rates on cheque accounts as of 08 March 2013, as illustrated in the table below: |
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| BALANCE TIERS |
Savings Pocket
Interest Rate |
Cheque Account
Interest Rate |
| R 0 |
R 50,000 |
0.10% |
0.05% |
| R 50,001 |
R 100,000 |
0.25% |
0.05% |
| R 100,001 |
R 250,000 |
1.25% |
0.25% |
| R 250,001 |
R 500,000 |
2.00% |
0.50% |
| R 500,001 |
R 1,000,000 |
2.25% |
0.75% |
| R 1,000,001 |
R 2,000,000 |
3.75% |
0.95% |
| R 2,000,001 |
R 3,000,000 |
3.75% |
1.05% |
| R 3,000,001 |
R 5,000,000 |
3.75% |
1.05% |
| R 5,000,001 |
R 10,000,000 |
4.25% |
1.50% |
| R 10,000,001 |
Greater |
4.50% |
1.50% |
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| * The table above is reflective of indicative rates. |
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Please contact your Private Banker or call FNB Private Clients on 0877 306 000 should you require further information.
Yours sincerely,
Head of Transactional Banking |
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