Fnb black card
The FNB Black Card!
The FNB Black Card is a premium credit card offered by First National Bank (FNB) in South Africa. It's designed for high-net-worth individuals who want to enjoy exclusive benefits, rewards, and privileges. Here are some of the key features and benefits:
Key Features:
- Rewards Program: Earn points for every rand spent, which can be redeemed for travel, merchandise, or cash back.
- Travel Insurance: Enjoy comprehensive travel insurance, including medical, trip cancellation, and travel delay cover.
- Airport Lounge Access: Get access to airport lounges worldwide, including FNB's own lounges in South Africa.
- Concierge Service: Enjoy personalized concierge services, including event planning, travel booking, and more.
- Exclusive Events: Attend exclusive events, such as wine tastings, golf tournaments, and charity functions.
- Premium Benefits: Enjoy premium benefits, including complimentary upgrades, priority check-in, and extra baggage allowance on flights.
- High Credit Limit: Enjoy a high credit limit, making it easier to manage your expenses.
- No Foreign Transaction Fees: No foreign transaction fees when using your card abroad.
- Travel Assistance: Get assistance with travel-related issues, such as lost or stolen luggage, flight delays, and more.
Benefits:
- Exclusive Discounts: Enjoy exclusive discounts at participating merchants, including hotels, restaurants, and retailers.
- Personalized Service: Receive personalized service from a dedicated relationship manager.
- Card Benefits: Enjoy a range of card benefits, including purchase protection, extended warranty, and travel insurance.
- Rewards Redemption: Redeem your points for travel, merchandise, or cash back.
- Card Upgrades: Upgrade your card to enjoy even more benefits and rewards.
Eligibility:
To be eligible for the FNB Black Card, you typically need to meet certain criteria, such as:
- Income: A minimum annual income of R1.5 million (approximately USD 100,000).
- Credit Score: A good credit score, indicating a history of responsible credit behavior.
- Relationship with FNB: A strong relationship with FNB, including a high balance or regular transactions.
Fees:
The FNB Black Card comes with a range of fees, including:
- Annual Fee: A annual fee of R12,000 (approximately USD 800).
- Interest Rate: A interest rate of 22.5% per annum (compounded monthly).
- Foreign Transaction Fee: A foreign transaction fee of 2.75% (minimum R50, maximum R500).
Overall, the FNB Black Card is designed for high-net-worth individuals who want to enjoy exclusive benefits, rewards, and privileges. However, it's essential to carefully review the fees and terms before applying.