FNB Private Clients Credit Card Full Review

The FNB premium card offers up to three times the monthly fee value in eBucks rewards

The FNB Private Clients Credit Card is one of the brand’s cards that provides full access to credit facilitation benefits and debt protection, already fully included in the maintenance fee. Additionally, it offers a robust rewards plan in eBucks, giving back up to three times the monthly fee value of R160 in rewards.

The First National Bank, or simply FNB, is one of the leading and oldest financial institutions in South Africa, offering a complete range of credit, wealth management, and investment services.

Designed to serve both businesses and individuals, it offers a variety of comprehensive plans and packages for the private sector. FNB’s portfolio encompasses banking services, investments, loans, insurance, and eBucks rewards.

In recent years, the brand has heavily invested in its digital platforms, providing more secure internet banking applications. FNB’s financial management scope also includes various types of credit cards.

The FNB Private Clients Credit Card, in turn, is one of the most comprehensive cards offered by the First National Bank, primarily due to the significant volume of benefits and conveniences it provides.

How Does the FNB Private Clients Credit Card Work?

Carrying the motto ‘appreciate the remarkable’, the FNB Private Clients Credit Card serves as a financial management tool for account holders with the First National Bank, integrated with the FNB Private Clients Account.

Speaking of which, FNB’s private account offers a range of benefits, including a team of experts, 24/7 chat support, financial advice, discounts with partner companies, and special insurance and protection plans for both account holders and dependents.

To qualify for the card, the account holder needs to have a monthly income between R750,000 and R1,799,999, making it the most exclusive card offered by the brand. The total monthly maintenance fee is R160, unless the customer has the Fusion or Single Facility packages in their current accounts. In these cases, there is no monthly charge.

The FNB credit card is widely accepted both within and outside of South Africa, especially for frequent international travelers. This is because it doesn’t impose any fees for purchases made abroad or for ATM withdrawals worldwide.

Credit card limits are personalized, offering 55 interest-free days. Furthermore, the customer has access to FNB Private’s virtual cards, providing even more security for online and in-person transactions within and outside of South Africa.

What are the FNB Private Clients Credit Card Benefits?

The FNB Private Clients Credit Card is focused on providing premium care services for the entire family. Here are the conveniences that come with the card:

• FNB Global Travel Insurance
• Automatic debt protection up to R12,000
• Product insurance (furniture, clothing, and personal items) up to R12,500
• Personal loans with exclusive interest rates and repayment plans ranging from 6 to 60 months
• Access to 20 visits in airport lounges around the world
• Discounts of up to 40% on airfare

Additionally, the FNB Private Clients Credit Card also offers extra layers of security for efficient financial management:

• Automated payments
• 55 days of interest-free period and customized rates
• Protections for lost cards and a fraud reporting system
• Unlimited virtual cards
• Secure shopping with the virtual credit card

In terms of reward schemes, FNB Private Clients Credit Card clients have access to eBucks, a tailored service provided by FNB. The values are commensurate with their own monthly expenses, offering a range of possibilities.

Possible Drawbacks

Indeed, the FNB Private Clients Credit Card is quite comprehensive, providing highly efficient financial management with benefits for the entire family. However, like any credit card, it has its drawbacks and limitations.

Firstly, the high monthly income requirements exclude a portion of the public with smaller and more precise budgets who may be in need of options with fewer prerequisites.

On the other hand, individuals with specific needs and higher incomes may also prefer more efficient options for international use and with greater resources.

How do I apply for the FNB Private Clients Credit Card?

The application process for the FNB Private Clients Credit Card can be completed entirely through the FNB website or at a physical bank branch. While it may not be overly complicated, it’s worth taking the time to understand everything to avoid any doubts or issues when making the request.

Written by

Gabriel Gonçalves