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Documents
The exact requirements for applying for the Premier credit card from FNB Bank in South Africa may vary over time and based on the bank’s policies. Generally, banks typically require specific documentation to approve an application for a premium credit card. Here are some common documents that may be needed:
- Identification document: An official identification document, such as a passport or identity card, is usually required to verify your identity.
- Proof of residence: A proof of residence, such as a utility bill (water, electricity, gas) or a recent bank statement showing your address, may be necessary to confirm your place of residence.
- Proof of income: You may be asked to provide evidence of your ability to pay, such as pay stubs, tax statements, or bank statements showing your income.
- Credit history: The bank may check your credit history to assess your payment history and previous credit record. Having a healthy credit history is generally a prerequisite for obtaining a premium credit card.
- Other documents: Depending on the specific policies of FNB Bank, they may request other documents or relevant information.
Rates, fees and commissions
- Credit facility service fee: R17.
- Initiation fee (once-off) Up to a maximum of: R175.
- FNB Premier Credit Card monthly account fee: R82.
- Additional card fees No charge on 1 additional card, thereafter R18.50 per card linked to account.
- Credit card budget purchases: No charge.
How to apply
To apply for the Premier credit card from FNB Bank in South Africa, you generally follow a process that may vary depending on the bank’s policies. Here is a general step-by-step guide you can follow:
- Gather documents and information: Before starting the application process, make sure you have all the necessary documents and information, such as your identification document, proof of residence, proof of income, and any other documentation that may be required.
- Access the FNB Bank website: Visit the official website of FNB Bank in South Africa. Typically, you can find detailed information about the different types of credit cards the bank offers, including the Premier card.
- Choose the Premier card: Identify the Premier card that best suits your needs and preferences. Be sure to read the terms and conditions, fees, and benefits associated with the card.
- Initiate the application: Usually, you can start the application online on the bank's website. Follow the instructions and fill out the application form. You will need to provide your personal information, contact details, employment history, income, and other relevant information.
- Documentation: Submit the required documentation according to the bank's instructions. This may include sending scanned copies of your identification document, proof of residence, and proof of income.
- Credit assessment: The bank will conduct a credit assessment to evaluate your eligibility. They will check your credit history, income, and ability to pay.
- Wait for approval: After submitting your application, you will need to wait for the bank's evaluation. This may take some time, and the bank will inform you whether your application has been approved or denied.
- Receive the card: If approved, the bank will issue the Premier credit card to you. The card will be sent by mail to the address you provided during the application process.