The FNB Restart Fixed Deposit Investment Account allows you to reset your investment term once…
The FNB Restart Fixed Deposit Investment Account allows you to reset your investment term once at a higher interest rate.
FNB Restart Fixed Deposit Investment Account Features:
With the FNB Restart Fixed Despot Investment Account you are not allowed to make any deposits into the account before maturity or the restart date. You are allowed additional in branch deposits to your account on the date of restart. This is a once off exercise by you at any time before the Maturity date, with the option to extend the Maturity date for a fixed period. The original fixed term is 13 months. You have one option to Restart your account before the Maturity date. If you do this, the investment period will run for another 13 months from the date of restart. You must tell FNB how to handle your funds on maturity. If they don‟t receive any instructions from you, they will automatically reinvest your funds at the prevailing interest rate for the same time period as the matured investment. In the case of automatic re-investments, you have a 14 day grace period from the renewal date to change the investment instructions.
Fnb Contact Details:
Address: 1 First Place, Fnb Bank City,
Simmonds Street, Johannesburg, 2001.
Tel: 087 575 9404
Email: [email protected]
|Highest Interest Rate||6.50%|
|Min Investment Amount||100.00|
|Investment Period||13 months|
|R1,000 - R10,000||6.50%|
|R10,000 - R25,000||6.50%|
|R25,000 - R50,000||6.50%|
|R50,000 - R75,000||6.50%|
|Interest R75,000 - R100,000||6.50%|
|Interest R100,000 - R500,000||6.50%|
|R500,000 - R1,000,000||6.50%|
|R1,000,000 - R5,000,000||6.50%|