FNB Easy account fees 2024: Here is everything you need to know
An FNB Easy account makes banking easy and fast. The account comes in three types: an FNB Easy PAYU (Pay-As-You-Use) account, an FNB Easy Zero account, and an FNB Easy Smart account. These accounts offer the same services at slight or no difference in prices. On top of that, you can enjoy some services free of charge. Learn more about the current FNB easy account fees below.
Source: UGC
TABLE OF CONTENTS
- FNB Easy account fees in 2024
- FNB Easy Zero account fees
- FNB Easy PAYU (Pay-As-You-Use) account fees
- FNB Easy Smart account fees
- General fees for FNB Easy PAYU & FNB Easy Smart accounts
- Card replacement fees for FNB Easy PAYU & FNB Easy Smart accounts
- Balance alert fees for FNB Easy PAYU & FNB Easy Smart accounts
- Payment notification fees for FNB Easy PAYU & FNB Easy Smart accounts
- Prepaid purchase fees for FNB Easy PAYU & FNB Easy Smart accounts
- Payments fees for FNB Easy PAYU & FNB Easy Smart accounts
- Unsuccessful transaction fees for Easy PAYU & Smart accounts
- Convenience and value-added services fees for Easy PAYU & Smart accounts
- Electronic subscription services fees for Easy PAYU & Smart accounts
- Other fees for FNB Easy PAYU & FNB Easy Smart accounts
- eWallet fees for FNB Easy PAYU & FNB Easy Smart accounts
- MoneyGram fees for FNB Easy PAYU & FNB Easy Smart accounts
- Personal loan fees for FNB Easy PAYU & FNB Easy Smart accounts
- Credit fees for FNB Easy PAYU & FNB Easy Smart accounts
- Benefits of having an FNB Easy account
- Is FNB Easy account a savings account?
- What is the cheapest FNB account to open?
- Can you open an FNB account for free?
- Can you use the FNB app with an Easy Zero account?
- How to withdraw money from FNB Easy Zero account?
- What is the monthly fee for the FNB Easy account?
- How much is FNB bank charges per month?
- What is the FNB card replacement cost?
- How long does it take to replace the FNB card?
This article shares insightful details about FNB account types and charges. The post centers on the FNB Easy accounts (Zero, PAYU, and Smart accounts) and the service/transaction charges provided here are stated in the FNB Easy account fees PDFs available on the bank's website. This information can help customers compare and select an account that best suits their savings and other financial needs.
FNB Easy account fees in 2024
FNB bank fees are reasonable, but how much you pay in charges depends on the transaction or service you are accessing and the type of account you use. The article focuses on the fees FNB customers pay for using these accounts:
- FNB Easy Zero account
- FNB Easy PAYU account
- FNB Easy Smart account
Unlike multiple small withdrawals, lump sum withdrawals help minimize the FNB charges you pay. So, always create a budget if you can and withdraw money once or twice a month. With these in mind, check out the service/transaction fees for FNB Easy accounts:
FNB Easy Zero account fees
The FNB Easy Zero account does not have a monthly account fee and debit order fee. You also do not need paperwork to open the account. It allows unlimited card swipes at no extra charge but has an R24 999 monthly spend limit, R3 000 daily spend limit, and R14 000 account balance limit. These are the FNB Easy Zero account fees:
General transaction fees
General transactions/services | Fees |
Monthly account fee | No charge |
Transfer from your FNB Easy Zero to your other FNB account | No charge |
Send money from your FNB Easy Zero account to eWallet | R2 + R2.40 per R100 |
Withdraw cash from an FNB ATM | R8.50 per R1 000 |
Withdraw cash from non-FNB ATMs | R12 + R2.40 per R100 |
Deposit cash at FNB ATM | No charge up to R1 000 p.m. |
Till deposits | R19.95 |
Till withdrawals | No charge |
EFT payments | R1 |
Balance inquiries fees
Balance inquiries services | Fees |
Using mobile and online | No charge |
Point-of-sale | R1.90 |
Other banks’ ATMs or telephone banking (consultant assisted) | R8 |
Other FNB Easy Zero account fees
Transactions/services | Fees |
Prepaid airtime or data purchase | No charge |
Prepaid electricity | <=R75: R0.50 >R75 &<= R150: R1.50 >R150: R3 |
Reversal of incorrect sent money to eWallet – telephone/branch | R75 |
Reversal of incorrect sent money to eWallet – cellphone banking and FNB APP | R17.50 |
Declined transactions (point-of-sale, scheduled payment and other banks’ ATMs) | R8 |
Card replacement fee in an FNB branch | R150 |
Real-Time Payments – Payshap and Instant Payment | FNB to other Bank ( <R100 - No Charge, >R100 - R0.65 per R100) FNB to FNB (Refer to electronic payment fee) |
Real-Time Clearance (RTC) | R8 |
Printing of statements – ATM with deposit facilities | R4 (per page) |
DSTV payments (Applicable to Buy tab) | R7 |
In-contact notifications | No charge |
FNB Easy Zero ATM mini statement | R4 |
FNB Easy PAYU (Pay-As-You-Use) account fees
The FNB Easy PAYU account is among the most affordable bank accounts in South Africa. It has an R5.25 monthly account fee with no account balance or daily spending limit. With this account, you can make unlimited card swipes at no extra cost. These are the current FNB Easy PAYU account fees:
Services | Till | FNB ATM with deposits | Other Banks' ATMs | Assisted banking FNB Branch |
Cash withdrawal (Local) | No charge | R8.50 per R1000 up to R2000 Thereafter
Cardless ATM withdrawal: R1.20 per R100 ATM card withdrawal: R2.40 per R100 | R12.00 + R2.40 per R100.00 | R80.00 + R3.00 per R100.00 |
Cardless cash withdrawal | — | R8.50 per R1000 up to R2000
Thereafter
Cardless ATM withdrawal: R1.20 per R100 ATM card withdrawal: R2.40 per R100 | — | — |
Cash withdrawal (International) | — | — | R80 (extra 2% commission & conversion fees apply) | R80 + R3 per R100 (extra 2% commission & conversion fees apply) |
Cash deposit | R19.95 | R1.40 per R10 | R80 + R3 per R100 |
FNB Easy Smart account fees
The FNB Easy Smart account has an R65 monthly account fee, unlimited electronic transactions, and up to R2000 withdrawals and deposits at any FNB ATM at no extra charge. Below are the current FNB Easy Smart account fees:
Services | Till | FNB ATM with deposits | Other Banks' ATMs | Assisted banking FNB Branch |
Cash withdrawal (Local) | No charge for up to R2000 p.m., Thereafter
Till withdrawal: No charge Cardless withdrawal: R1.20 per R100 FNB ATM card withdrawal: R2.40 per R100 | No charge for up to R2000 p.m., Thereafter
Till withdrawal: No charge Cardless withdrawal: R1.20 per R100 FNB ATM card withdrawal: R2.40 per R100 | R12 + R2.40 per R100 | R80 + R3 per R100 |
Cardless cash withdrawal | No charge for up to R2000 p.m., Thereafter
Till withdrawal: No charge Cardless withdrawal: R1.20 per R100 FNB ATM card withdrawal: R2.40 per R100 | No charge for up to R2000 p.m., Thereafter Till withdrawal: No charge Cardless withdrawal: R1.20 per R100 FNB ATM card withdrawal: R2.40 per R100 | — | — |
Cash withdrawal (International) | — | — | R80 (extra 2% commission & conversion fees apply) | R80 + R3 per R100 (extra 2% commission & conversion fees apply) |
Cash deposit | R19.95 | No charge up to R2000 p.m. Thereafter R1.40 per R100 | — | R80 + R3 per R100 |
General fees for FNB Easy PAYU & FNB Easy Smart accounts
Your money is safer in a bank than at home, where it is at risk of theft, fire, flood, loss, or damage. These are the general service fees for FNB Easy PAYU or Smart accounts:
Services | Digital Banking: (FNB App, Online, USSD, Email) | Assisted Banking: FNB Branch, Phone Banking | FNB ATM + FNB ATM with Deposits | Using a Till | Other Banks’ ATMs |
Current month statements | No charge | Printing & emailing: R50 per statement | Printing: R4 per page | — | — |
Historical statements | No charge | Printing & emailing: R50 per statement | Printing: R4 per page | — | — |
Historical statements | No charge | — | — | — | — |
Additional statements (monthly fee) | Daily: R68 Weekly: R31.50 Twice-monthly: R18 | Daily: R137 Weekly: R59 Twice-monthly: R31 | — | — | — |
Transactional List | — | — | R4 | — | — |
Posted statements | — | R26 per statement | — | — | — |
Interim/ provisional statements | No charge | R25 per page (max R50) | — | — | — |
Balance Enquiry | No charge | R8 | No charge | R1.90 | R8 |
Card replacement fees for FNB Easy PAYU & FNB Easy Smart accounts
Your debit cards are protected against error and fraud. You must notify the bank of an error or unauthorized electronic transaction on time. These are the card replacement fees for FNB Easy PAYU & FNB Easy Smart accounts:
Services | Fee |
Replacement fee | R150 |
Courier delivery standard | No charge |
Courier delivery scheduled | R160 |
Branch delivery | No charge |
International delivery | R760 |
Urgent delivery | R265 |
Balance alert fees for FNB Easy PAYU & FNB Easy Smart accounts
Balance alerts notify you when your account is running low so you can avoid overdrawing the account and make better spending decisions. These are the balance alert fees for FNB Easy PAYU & FNB Easy Smart accounts:
Duration | Fee |
Monthly | R1.25 |
Weekly | R3.45 |
Daily | R16.50 |
Payment notification fees for FNB Easy PAYU & FNB Easy Smart accounts
Bank notifications help you monitor your account transactions and balances. Some alerts are reminders of loan payments, early warnings of potential fraud or unauthorized transactions, and more reasons. FNB Easy PAYU & FNB Easy Smart accounts have these notification fees:
Notifications channel | Fee |
No charge | |
SMS | No charge |
Prepaid purchase fees for FNB Easy PAYU & FNB Easy Smart accounts
You can make online purchases with ease using your debit card. These are the prepaid purchase fees for FNB Easy PAYU & FNB Easy Smart accounts:
Prepaid purchases | Fees |
Prepaid Airtime Purchases (FNB App, Online) | No charge |
Prepaid Purchases - Other Banks ATMS | R15 |
Connect All Channels | No charge |
Buy Lotto and Powerball | R2.70 |
Prepaid Electricity | <=R75: R0.50 >R150 &<= R150: R1.50 >R150: R3.00 |
DStv Payments (FNB App) | R7 |
Daily Lotto | R1 |
Traffic fine | R2.70 |
Local card purchases | No charge |
International card purchases | No charge (Commission and currency conversion fee 2% of transaction value) |
FNB Branch/telephone banking (consultant assisted) | R80 |
Prepaid purchases | FNB Easy PAYU – R5.25 p.m. | FNB Easy Smart – R65 p.m. |
Transfers and scheduled transfers via online banking and the FNB App | No charge | No charge |
Internal debit orders | No charge | No charge |
FNB Connect airtime purchases via online banking or mobile | No charge | No charge |
Scheduled payments via online banking and the FNB App | No charge | No charge |
Payments via online banking or mobile channels | R1 | Unlimited at no charge |
External debit orders | R3.50 | Unlimited at no charge |
Prepaid Airtime Purchases (app and online) | No charge | No charge |
Prepaid Airtime Purchases (USSD) | No charge | R0.01-R10.00: R0.50 R10.01-R25: R1 R25.01+: R2 |
Payments fees for FNB Easy PAYU & FNB Easy Smart accounts
Banks charge fees to help make a profit. So, the payment fees are part of a bank's revenue generation strategies. These are the payment fees for FNB Easy PAYU & FNB Easy Smart accounts:
Payment services | Fees |
FNB Branch or telephone banking (consultant assisted) | R80 |
International card purchase fee | 2% of transaction value (max R100) |
Debit order stop payment – digital channels | No charge |
Debit order stop payment – telephone banking (consultant assisted) | R80 |
Debit order stop payment – branch | R80 |
Debit order dispute – FNB App and online banking | R5 |
Debit order dispute – telephone banking (consultant assisted) R | R47 |
Debit order dispute – branch (consultant assisted) | R47 |
Online scheduled payment (establishment and amendment) | No charge |
Consultant assisted scheduled payment (establishment and amendment) | R20 |
Unsuccessful transaction fees for Easy PAYU & Smart accounts
Money may be returned to your account if your transaction is unsuccessful. In this case, the bank will charge you a returned payment fee. Here are the unsuccessful transaction fees for Easy PAYU & Smart accounts:
Unsuccessful transactions (insufficient funds) | Fees |
FNB ATM | No charge |
Point-of-sale, scheduled payment and other banks’ ATMs | R8 |
Item paid | R10 per item |
Item paid | 2 at no cost thereafter R10 per item (applicable on a 12-month rolling period) |
Convenience and value-added services fees for Easy PAYU & Smart accounts
Banks offer diverse value-added services to stand out from their competitors. Nonetheless, customers pay fees to access these services. These are the convenience and value-added services fees for Easy PAYU & Smart accounts:
Services | Fee |
LOTTO/Powerball | R2.70 |
Prepaid electricity | <R75: R0.50 >R75&<=R150: R1.50 >R150: R3 |
Daily Lotto | R1 |
DStv payments | R7 |
Vouchers (Entertainment, gaming, music, transport, etc.) | R2.70 |
Real-Time Payments - Payshap and Instant Payment | FNB to other Bank ( <R100 - No Charge: >R100 - R0.65 per R100) FNB to FNB (Refer to electronic payment fee) |
Pay and Clear | R8 (PAYU), R30 (Smart) |
Account confirmation letter – online | No charge |
Electronic subscription services fees for Easy PAYU & Smart accounts
If you make digital subscriptions via the FNB Easy PAYU & Smart accounts, these are the subscription services fees the bank will charge you:
Services | Fee per month |
My Limit alert | R3.80 |
Scheduled Payments alert | R3.80 |
Other fees for FNB Easy PAYU & FNB Easy Smart accounts
FNB Easy PAYU & FNB Easy Smart accounts charge the following fees for online banking account verification and an online banking payment history statement:
Services | Fees |
Online banking account verification (FNB accounts and other banks’ accounts) | R3.54 |
Online banking payment history (older than 3 months) | R7 |
eWallet fees for FNB Easy PAYU & FNB Easy Smart accounts
The eWallet transaction fees are charged to customers when they make a payment, while the merchant fees are charged to businesses when customers pay them through their eWallet. These are the eWallet fees for FNB Easy PAYU & FNB Easy Smart accounts:
Fees for sender
Services | Fees |
Send money from the FNB account to eWallet | R2 + R2.40 per R100 |
Reverse incorrectly sent money – telephone/branch | R75 |
Reverse incorrectly sent money – cellphone banking | R17.50 |
Fees for recipient
Services | Fees |
Fees for recipient | No charge |
Withdraw cash from an FNB ATM, FNB Mini ATM | 1 withdrawal at no charge for each payment received (limited to max. 4 at any time) |
Withdraw cash at selected retailers | No charge |
Prepaid airtime transaction fee (cellphone banking) | No charge |
Prepaid electricity | R2.70 |
Inactivity fee per month (after 6 months of inactivity) | R5.25 |
Transfer from your eWallet to your FNB account | No charge |
eWallet balance inquiry | No charge |
eWallet mini-statement | No charge |
MoneyGram fees for FNB Easy PAYU & FNB Easy Smart accounts
You can receive a guaranteed or up to 15% discount on the sending fee when transferring a MoneyGram using the ‘Direct to bank account' option where available in the destination country.
Send amount (USD) | Send fee (USD) |
$0 - $50 | $7 |
$50 - $100 | $10 |
$100 - $150 | $11 |
$150 - $200 | $13 |
$200 - $250 | $15 |
$250 - $300 | $17 |
$300 - $400 | $19 |
$400 - $500 | $24 |
$500 - $600 | $29 |
$600 - $700 | $34 |
$700 - $800 | $39 |
$800 - $900 | $44 |
$900 - $1 000 | $49 |
$1 000 - $1 200 | $55 |
$1 200 - $1 500 | $63 |
$1 500 - $1 800 | $70 |
$1 800 - $2 500 | $90 |
$2 500 - $5 000 | $140 |
$5 000 - $7 500 | $240 |
$7 500 - $8 000 | $290 |
Personal loan fees for FNB Easy PAYU & FNB Easy Smart accounts
Banks charge loan application fees to cover administrative costs when processing a loan, which includes aspects of the borrower's financial risk assessment. Below is the personal loan fee for FNB Easy PAYU & FNB Easy Smart accounts:
Fee type | Amount |
Personal loan monthly service fee | R69 |
Personal loan once-off initiation fee | No initiation fee when you top up your existing personal loan) Up to R1 207.50 |
Credit fees for FNB Easy PAYU & FNB Easy Smart accounts
Banks use credit card swipe fees (interchange fees) to compensate for some of the cost of payment processing. The fee can only apply to credit cards—and never debit, even when a debit card is run like a credit. Below are the credit fees for FNB Easy PAYU & FNB Easy Smart accounts:
Fee type | Amount |
Revolving facility initiation fee (once-off) | Up to R1207.50 (VAT included), depending on your loan amount |
Revolving facility monthly fee (agreements from 6 May 2016) | R69 |
Benefits of having an FNB Easy account
Some benefits a customer enjoys from an FNB Easy account are unavailable in any other South African bank. The pros of having this account include the following:
- You can pay for DStv, clothing, prepaid airtime, data, electricity, Lotto tickets, and other lifestyle vouchers using an FNB Easy account.
- The customer can also access loans via the bank's mobile app. Your loan limit depends on your savings habits and how much money you have saved.
- Mobile app airtime purchases are free. You can buy data bundles and airtime for your line or other people's lines from your bank deposit. You can also buy airtime for SIMs belonging to different communication companies, e.g., Telkom, Vodacom, or MTN.
- You can track your spending history and see historical statements online. However, the bank charges you for additional monthly bank statements when an FNB consultant helps you check your balance inquiries.
- You can get rewarded with a monthly grocery voucher from Shoprite, Checkers, and Usave.
Source: UGC
Is FNB Easy account a savings account?
FNB Easy Zero account, FNB Easy PAYU account, and FNB Easy Smart account are personal savings accounts.
What is the cheapest FNB account to open?
The FNB Easy Zero account is the cheapest and easiest. Dial *120*277# on your phone and open the account without paperwork. The account does not have a monthly account fee or debit order fee.
Can you open an FNB account for free?
To open an account, dial *120*277# and enter your name, surname, and South African ID number. You will be allocated an FNB Easy Zero account number and can start banking immediately.
Can you use the FNB app with an Easy Zero account?
The FNB Easy Zero account app is the same as the usual FNB mobile app. Therefore, FNB Easy Zero account holders can use an FNB app to access all their banking needs.
How to withdraw money from FNB Easy Zero account?
To withdraw money, dial *120*277# on your phone and select 'Get cash.' You'll receive an ATM PIN via SMS. On the FNB ATM machine, select the green button (Enter/Proceed) or choose 'Cardless Services.' Select 'eWallet Services' and enter your phone number. Select 'Proceed' and enter the ATM PIN you received via SMS. Choose the amount to withdraw and take your cash. Ensure your transaction has ended or select 'Cancel' before leaving the ATM.
What is the monthly fee for the FNB Easy account?
The FNB Easy Zero account does not have a monthly fee. The FNB Easy Smart account has an R65 monthly fee, while the FNB Easy PAYU account has an R5.25 monthly fee.
Source: UGC
How much is FNB bank charges per month?
The FNB Easy Smart account has an R65 monthly account fee, while the monthly account fee for the FNB Easy PAYU account is R5.25. The FNB Easy Zero account does not have a monthly fee. You can access the FNB pricing PDFs from the bank's website.
What is the FNB card replacement cost?
The card replacement fee is R150. The scheduled courier delivery fee is R160, while international and urgent delivery fees are R760 and R265, respectively. Branch delivery and standard courier delivery services for a replaced card are free.
How long does it take to replace the FNB card?
FNB card replacement delivery may take 3 to 5 working days. Call 1-888-297-3416 to report a stolen, lost, or damaged debit/credit card. You will pay a replacement fee and apply for a card replacement through the FNB App or at the nearest FNB branch or Shoprite and Checkers stores.
FNB Easy account fees should not discourage you from opening an account. The banks guarantee your money is safe with them. Additionally, keeping money in a bank instills financial discipline in a person. It also helps build a record for your future endeavours.
DISCLAIMER: This article is not sponsored by any third party. It is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Any action you take upon the information presented in this article is strictly at your own risk and responsibility!
Briefly.co.za explained the SASSA grant application process and other related details. Over ten million South Africans applied for this government grant in the initial phase of its launching.
Over 9.5 million people between 18 and 59 years, including caregivers and foreigners with a permanent residence permit, benefit from the plan.
Source: Briefly News
