FNB vs Nedbank personal account

[wesleydn]

Im currently at Nedbank and have been for 20 years.
My only debt with Nedbank is my Bond.
Im currently on a Nedbank Premium account

My company had FNB at our office today and i looked at them and if i swithced it would be a FNB Premier account.
I told them i would only move over if i could get a better interest rate with them on my bond which is currently Prime -0.8

Lets say they beat that and i move over to them for bond and banking.

This is where i need the advice of banking knowladgeable people. would it be worth switching to FNB?

 

[Kwaai]

I have Nedbank and FNB accounts and prefer FNB mainly because of the app.

If you have any specific things to ask you're welcome to PM me.

 

[ultimate]

I only have experience with fnb very nice app and relatively good support never had a problem. they are very full of innovation the fees can just get expensive if you don't have all inclusive. But just calculate the saving from better interest rate and then decide. Probably affect credit rate in short term if you only had nedbank debt?

 

[wesleydn]

I have Nedbank and FNB accounts and prefer FNB mainly because of the app.

If you have any specific things to ask you're welcome to PM me.

Will do thanks, more interested i nthe service they offer and the benefits.
Nedbank i get greenbacks back if i use my nedbank amercian express cards

I only have experience with fnb very nice app and relatively good support never had a problem. they are very full of innovation the fees can just get expensive if you don't have all inclusive. But just calculate the saving from better interest rate and then decide. Probably affect credit rate in short term if you only had nedbank debt?

I have a credit card with them, what ever i use gets paid in full at the end of the month.

I want as little extra feees as possible hence why im on Premium with nedbank

 

[froggeh]

I'm not really able to provide my experience with consumer transactional banking products with Nedbank, I only have asset finance with them. I have had nothing but positive experiences in that regard.

I do have business banking profiles with Nedbank which have actually become primary bank accounts for both entities due to the fantastic service received.

Moving my consumer and commercial banking away from FNB in 2017/2018 was, for me, the best move I have ever made. The vast majority will be perfectly happy with FNB as they are a good financial institution. But as with most things, they're not the right fit for everyone.