iBusiness
Image default
FNB

FNB Fixed Deposit Account

An FNB Fixed Deposit Account is an investment account that has a fixed term; this account has a higher interest rate with a maximum nominal rate of 8.00% over a period of 60 months.

FNB Fixed Deposit Account
Invest in a Fixed Deposit Account IMAGE: needpix.com

You can open this account with a minimum opening deposit of R10 000 with FNB. This account is free and has no monthly maintenance fees. The minimum investment period is 7 days, whereas the maximum investment period is 60 months.

Choose your investment period, and still have access to your funds during your investment period. You can open the account online and manage your funds easily.  Clients older-aged 55 years and older get preferential interest rates.

Fixed Deposit Account Features

  • The Fixed Deposit Account with FNB is risk-free, this means that your investment amount and quoted returns are guaranteed, thus it is the safest way to invest your money
  • You can increase your investment by adding more money at maturity
  • Interest rates are fixed during the term of the investment
  • Preferential rates are offered for clients aged 55 or older
  • Earn eBucks Reward
  • You can reinvest your interest earned, or have it in your account for use

How to Apply

  • To qualify for the FNB Fixed Deposit Account you have to be a South African Citizen
  • You can apply online in easy steps OR have FNB contact you or contact them for investment purposes
  • Have a minimum deposit amount of R10 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 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


South African COVID-19 Information Portal

iBusiness on COVID-19
Protect yourself and others around you


Loading...

Digest

Send Money with eWallet in South Africa using FNB

Isaac More

FNB wins the Best Digital Bank in South Africa in 2020

Isaac More

FNB Online Banking

Isaac More

Leave a Comment

Comments and ratings are subject to verification and approval. Your email will never be published or be shared with a third-party. See our Privacy Policy for clarity | If you are rating a product please ensure to select a star rating - however, this is optional

* By using this form you agree with the storage and handling of your data by iBusiness.co.za

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK Read More