The COVID-19 global pandemic has left many South Africans anxious about their state of health as well as their financial security. Many South Africans have lost their jobs with some working on reduced hours, resulting in a reduction in household income. Chief Executive of FNB Easy, Philani Potwana, says to alleviate some of the financial pressures, consumers should fully utilise the free benefits they receive from their banks. These benefits could free up much needed cash in consumers’ … [Read more...] about Take advantage of free transactions offered by your bank
Philani Potwana
Top 10 Tips to Bank Right and Save
Philani Potwana says that the new year has started and in these tough economic times, consumers are cash strapped and looking for ways to save on some of their expenses. One easy way to guarantee you extra cash is to change your banking behaviour. As consumers, there are small banking mistakes we tend to unconsciously make. By banking smarter, FNB customers earning between R0 -120k per annum - with a monthly salary of less than R7500 can save by making easy banking adjustments in … [Read more...] about Top 10 Tips to Bank Right and Save
Youth prefer to bank smart with digital channels
Statista.com, the global statistical data portal estimates that the number of smartphone users in South Africa will reach 22 million in 2019. This is in line with FNB’s data which indicates an increase in banking via digital channels by young people, especially the Banking App. According to FNB data, customers between the ages of 22-30 prefer using digital platforms such as online banking or the banking app for personal loan applications. In the last quarter of 2018, of the customers who … [Read more...] about Youth prefer to bank smart with digital channels
