FNB Private Wealth Credit Card Full Review

The exclusive metal card from FNB offers a range of benefits

The exclusive metal card from FNB offers a range of benefits in fueling, national and international travel, and free enrollment in the eBucks rewards system. All with the security of one of South Africa’s largest banks.

The FNB Private Wealth Credit Card is the card for complete management of the FNB Private Wealth Account, a premium account at the First National Bank that offers security and comprehensive customer service.

In this way, the FNB Private Wealth is a credit card for complete management of the premium account at FNB, bringing all the strength of the institution to the hands and to the app.

How Does the FNB Private Wealth Credit Card Work?

According to FNB itself, the Private Wealth Credit Card aims to bring the customer to the extraordinary side of the banking sector, complementing the premium services of the account.

The credit card has a monthly maintenance fee of R276, with up to five cards at no extra charge per month. The monthly service fee is R17, while the maximum initiation fee is R175.

FNB offers the possibility of having an exclusive metal credit card. More durable and resistant, the metallic credit card, in addition to its stunning appearance, has the functionality of touch and premium style.

For those who use the cards internationally, FNB offers a virtual card with no usage fee outside the country. Physical cards, on the other hand, have fees in the range of 25 dollars, with conversions also to euros and pounds.

In addition, there is no extra charge for use in international online stores. However, to withdraw money from the millions of ATMs around the world, the fee is 5 dollars per cash withdrawal.

What are the FNB Private Wealth Credit Card Benefits?

The FNB Private Wealth Credit Card is quite premium, reserved precisely for the high-income public. Therefore, it offers benefits consistent with this consumer profile.

In terms of comfort and convenience, the FNB Private Wealth Credit Card offers:

• Customized rate tailored to the credit profile
• Up to 55 interest-free days on purchases
• Easy loan budgets with reimbursements of up to 60 months
• Automated payment in 5 different options
• Automatic protection for outstanding credit card debts
• FNB banking app with self-service anywhere
• Dedicated private consultant to assist the client with everything they need
• FNB PAY payment directly by touch on the phone.
• Contactless card for use in numerous establishments around the world

The FNB Private Wealth Credit Card offers several layers of security for online and in-person purchases, including a modern fraud management system to monitor money flow in real time.

Other benefits of FNB’s premium service include:

• Life insurance with automatic debit
• Access to the Airport Lounge with over 30 annual trips
• Global travel insurance at no cost
• Exclusive offers from FNB at iStore, Cycle Labe, and The Pro Shop

The FNB Private Wealth Credit Card offers free participation in eBucks, a rewards system that offers a range of discount and cashback prizes on purchases of products and services, such as:

• R8 per liter reward on fueling
• Discounts on ticket purchases
• 40% back in e-bucks on Netflix and Spotify subscriptions

It is worth noting that 100% of the monthly fee is converted into eBucks, offering many possibilities for cardholders.

Possible drawbacks

First, the FNB Private Wealth Credit Card is a premium service for those who can demonstrate very high incomes or substantial asset ownership. Therefore, many people with lower values may not be accepted for this type of card.

As a premium credit card, the FNB Private Wealth Credit Card may not offer as many benefits for those who travel frequently, especially in terms of VIP spaces and experiences.

The credit card market may have better options for those seeking unlimited access to VIP spaces and differentiated experiences outside of South Africa. Even though the card is entirely premium domestically, there may be better conditions abroad.

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

The FNB Private Wealth Credit Card is a premium and differentiated card for the public. Therefore, it may be worthwhile for many who have broad and private needs.

For this reason, you can learn more about the meticulous application process to obtain your Private Wealth Credit Card.

Written by

Gabriel Gonçalves