The FNB Easy Bundle is all about giving you more for less. It’s an account designed to make your everyday transactions easier while offering plenty of value-added benefits. Whether it’s interest on your balance, unlimited electronic transactions, or rewards on your everyday spending, the FNB Easy Bundle aims to support you in managing your finances effectively.

This detailed guide will break down everything you need to know about the FNB Easy Bundle, including its fees, benefits, application process, and more. Let’s dive into what makes this account a standout choice for many South Africans.

Key information about the FNB Easy Bundle

How does the monthly fee work?

One of the primary considerations for any account is the monthly fee. With the FNB Easy Bundle, the fee is R69 per month. While it’s not a zero-fee account, this charge provides access to unlimited electronic transactions, such as EFTs and debit orders, without any additional cost. Additionally, if you maintain a positive balance up to R7,000, you’ll earn interest on your account, which can help offset some of the fees.

How is the account limit determined?

The FNB Easy Bundle operates like a standard bank account, meaning that the amount of money you can access largely depends on the balance you maintain in your account. There isn’t a traditional “credit limit” as you might find with a credit card, but rather the account allows you to use your funds as they are deposited.

Advantages of the FNB Easy Bundle

• Unlimited electronic transactions: EFTs and debit orders come at no extra cost, allowing you to manage your finances freely without worrying about per-transaction fees.
• Interest on your balance: Maintain a positive balance of up to R7,000, and earn interest on the amount, helping you make the most of your saved funds.
• Withdraw and deposit for free: Withdraw or deposit up to R2,000 per month at an FNB ATM without paying additional charges, making it easier to manage your cash flow.
• Medical, legal, and financial coaching: 24/7 access to professional advice via a toll-free number offers support in various aspects of life beyond just banking.
• Grocery rewards and discounts: Get a grocery voucher of up to R100 when swiping your card at participating stores like Shoprite, Checkers, or Usave. Additionally, pay just 99c for a loaf of bread at Pick and Pay when you swipe your FNB Easy Debit card.
• eWallet sends at no cost: Send money conveniently through eWallet on the FNB App, with up to two sends per month free of charge.
• Purchase protection: Qualifying virtual card spends are protected with FNB Purchase Protect, offering added security when shopping online.
• Money protect: In the event of certain types of card fraud, you may be partially or fully refunded up to R5,000, providing peace of mind in case of unauthorized transactions.

Standout advantage

One standout advantage of the FNB Easy Bundle is its Connect Rewards. Each month, account holders receive free WhatsApp messaging through FNB Connect, making it easier to stay in touch without incurring additional data costs. Additionally, the bundle provides an impressive 15% extra data back, allowing you to maximize your mobile usage while saving money on communication.

Disadvantages

• Monthly account fee: At R69, the account does have a set monthly fee, which may not be suitable for those looking for a zero-cost banking option.
• Limited free cash transactions: The fee waiver for deposits and withdrawals is capped at R2,000 per month, which might not be sufficient for those needing frequent cash transactions.

Standout disadvantage

The standout disadvantage is the cap on free cash transactions. While R2,000 may suffice for some users, those who require higher cash withdrawal or deposit limits might find this restrictive. If your monthly cash needs exceed this amount, you’ll have to pay extra fees, which could add up over time.

Who can apply for the FNB Easy Bundle?

The FNB Easy Bundle is designed to be inclusive and accessible. There’s no minimum income requirement, which makes it ideal for a wide range of individuals, including students, part-time workers, and those with irregular income streams.

Additionally, the account is suitable for those who may have a lower credit score, as it doesn’t require extensive credit checks or income verification. Applicants must be of legal age and provide the necessary identification documents to open the account. Approval is relatively easy, making it an attractive option for those looking for a hassle-free banking experience.

How to apply for the FNB Easy Bundle

For the website

You can easily apply for the FNB Easy Bundle through the FNB website. Simply visit their official page and navigate to the ‘FNB Easy Bundle’ section. From there, you will find an option to request a callback, where an FNB consultant will reach out to assist you with the application.

During the online process, you’ll need to provide your personal information, such as your ID number, contact details, and any other documents required for verification. Once your application is approved, you can start managing your account online, taking advantage of all the digital features available through FNB’s platform.

Through the app

For a more convenient application process, download the FNB App, available on both Android and iOS devices. Once installed, you can easily navigate to the ‘Apply’ section within the app. From there, select ‘Accounts’ and then ‘FNB Easy Bundle’ to start the application process. You’ll need to have your personal information and identification documents ready for quick approval.

The app not only allows you to apply for the account but also provides features for managing your finances, tracking transactions, and accessing eWallet services. The seamless application experience makes it easy to start using your account immediately once approved.

At the branch

If you prefer a face-to-face approach, you can apply for the FNB Easy Bundle by visiting an FNB branch. At the branch, you’ll be assisted by a consultant who can guide you through the application process. Ensure that you bring all necessary documents, including your ID and proof of residence.

The consultant will walk you through the benefits of the FNB Easy Bundle, answer any questions you might have, and help you set up your account on the spot. This option is particularly useful for those who prefer in-person assistance and wish to clarify any concerns before opening the account.