FNB Changes Fees and eBucks Rewards Program: What to Expect from July?
On July 1, 2025, FNB will offer new banking fees and eBucks rewards criteria, reflecting a shift toward tighter incentives and small price..
Quick overview
- FNB is revising its banking fees and eBucks rewards criteria starting July 1, 2025, with modest price increases across account tiers.
- While lower-tier clients retain grocery-related perks, Premier customers will face stricter eBucks earning rules and reduced points for transactions.
- Monthly account fees will see slight increases, with the Private Wealth account experiencing the largest jump of R30.
- FNB is also lowering the monthly threshold for free transactions from R3,000 to R2,000, impacting cash users more quickly.
On July 1, 2025, FNB will offer new banking fees and eBucks rewards criteria, reflecting a shift toward tighter incentives and small price hikes across all account types.
FNB Reshapes Rewards and Fee Structure for 2025–2026
First National Bank (FNB) has announced a significant update to its pricing and eBucks rewards program for the 2025–2026 financial year. The new structure, effective from July 1, 2025, brings changes across all account levels and aligns with evolving consumer habits—particularly in groceries, mobility, and digital spending.
The update comes as part of FNB’s effort to respond to shifting customer behavior and rising operational costs. While some perks remain unchanged, the bank is tightening its points system and raising account-related fees.
Rewards Focused on Everyday Essentials
For clients on the Easy and Easy Bundle plans, FNB will maintain its popular grocery-related perks. Customers will still be able to buy bread for just 99 cents at Pick n Pay, redeem coupons worth up to R100 at the supermarket chain, and benefit from Clicks Clinic vouchers valued at up to R120.
However, access to these offers may be affected as Pick n Pay begins scaling back its national footprint by closing certain locations. This may limit the geographic reach of some of the core rewards that Easy customers currently enjoy.
Tougher eBucks Earning Rules for Premier Customers
While lower-tier clients retain core benefits, FNB has made it harder for Premier and upper-tier customers to earn maximum eBucks rewards. Premier account holders, for example, will no longer earn 500 points for making six financial transactions using the app or digital wallets.
Additional reductions include a loss of:
- 1,000 points for completing 80% of online purchases via a virtual card
- 500 points for using virtual cards at physical retail outlets
These three changes alone strip 2,000 points from the rewards tally—double the number required to reach the coveted Level 5 status in the eBucks system. The bank noted that these adjustments were necessary to better align point rewards with real-world usage.
Banking Fees See Modest Inflation-Linked Increases
FNB’s new pricing guide also introduces modest increases in monthly account fees across its product lineup:
- Aspire Account: Monthly fee rises by R5 to R120
- Premier Account: Fee increases by R10
- Easy PAYU and Bundle: Up by R1 and R4.50 respectively
- Private Wealth: Sees the steepest jump, rising by R30 to R625
- Private Clients Account: Holds steady at R455 per month
In its official communication, FNB cited inflationary pressures and the rising cost of service provision as reasons for the upward adjustments.
Changes to Transaction and Withdrawal Fees
Another noteworthy modification relates to transactional limits. FNB has lowered the monthly threshold for free transactions from R3,000 to R2,000. This means cash users will begin incurring fees more quickly if they exceed the reduced cap.
In addition to the limit change, slight increases have been applied to fees on:
- Cash withdrawals at ATMs, especially those not operated by FNB
- Deposits and withdrawals at the point of sale
While these adjustments are relatively small, the cumulative impact could be significant for frequent cash users or those outside major metro areas.
FNB’s 2025–2026 changes reflect a careful balance between sustaining popular benefits and tightening higher-tier incentives. While entry-level customers continue to enjoy accessible grocery perks, wealthier clients face stricter criteria and higher fees. With inflationary cost pressures and shifts in consumer behavior, the bank appears to be steering its model toward more digitally engaged, cost-conscious users.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
Related Articles
Sidebar rates
Related Posts
Save
Join 350 000+ traders receiving Free Trading Signals
