Fnb Fixed Deposit

Posted : admin On 4/15/2022

The Flexi Fixed Deposit Account by FNB requires a minimum opening deposit of R5 000. You can get a maximum nominal interest rate of 6.60% over 12 months. This investment account has a fixed term, and you still get access to a portion of your capital within a day (24 hours).

The Flexi Fixed Deposit Account is risk-free and your capital and quoted returns are guaranteed. During your investment period, you can make two withdrawals of up to 15% of your invested capital with FNB. You have the option to add more money to your account.

The Flexi Fixed Deposit Account by FNB requires a minimum opening deposit of R5 000. You can get a maximum nominal interest rate of 6.60% over 12 months. This investment account has a fixed term, and you still get access to a portion of your capital within a day (24 hours). The FNB Restart Fixed Deposit Investment Account is a fixed deposit where you can reset your investment once, at a higher interest rate. There are no monthly fees for maintaining the account. What benefits are offered by the FNB Restart Fixed Deposit Investment Account? A minimum opening deposit of R10 000 is required.

With this FNB account is linked to prime lending rates, you can schedule your transactions to make regular transfers into your Flexi Fixed Deposit Account.

Flexi Fixed Deposit features

You are welcome to make third party payment when you have enough funds available to do so
Flexi Fixed Deposit Account with FNB has no monthly fees
You can invest from 3 to 12 months
Manage your account online with the FNB Internet banking
Earn eBucks rewards

How to Apply

you have to be a South African Citizen to qualify for the FNB Flexi Fixed Deposit Account
You can apply online in easy steps OR have FNB contact you or contact them for investment purposes
Have a minimum deposit amount of R5 000
You may visit the nearest FNB branch

Documents needed

Your Valid South African ID or Smart ID Card
Proof of residence that’s not older than 3 months

For more information visit the FNB Flexi Fixed Deposit Account Page. First National Bank is a division of FirstRand Bank Limited and it is an Authorized Financial Services and Credit Provider (NCRCP20)

Other Fixed Deposit Accounts

iBusiness on COVID-19

Many South Africans are still developing healthy financial and saving habits. One of the easiest ways to do this is by opening a fixed deposit.

First National Bank (FNB) is a leading South African banking institution that is at the forefront of innovative financial solutions to clients nationwide. Through its fixed deposit solutions, the bank provides an easy way for South Africans to invest securely and conveniently.

The FNB Restart Fixed Deposit Investment Account is a fixed deposit where you can reset your investment once, at a higher interest rate.

There are no monthly fees for maintaining the account.

What benefits are offered by the FNB Restart Fixed Deposit Investment Account?

A minimum opening deposit of R10 000 is required.

You have the ability to open and manage your account online. By signing up for FNB online banking you can monitor your investment at any time of the day.

Your original deposit and quoted returns are 100% guaranteed.

You have the benefit of earning a fixed interest rate. This way you can work out how much you can expect to earn over the duration of your investment.

Additional money may be added at maturity. This way, you can always ensure that you keep earning more on your investment.

You can get preferential rates on investments longer than 12 months, if you are older than 55 years of age.

FNB gives you control of your account, so you have the option to reinvest or transfer your interest to another account.

You can earn a maximum nominal interest rate of 7.95% over 13 months.

What do you need to qualify?

Fixed Deposit Account

Be a South African citizen
Provide a valid South African ID
Provide proof of residence
Have the required opening deposit amount

Visit www.fnb.co.za