FNB Connect lowers data prices by up to 55%
FNB announced that it will be dropping the data prices for its Connect service y up to 55 percent, in April 2020 and will double customers’ data on their Lifestyle plans without any price increase.
FNB Connect is an Internet service provider which operates as a business unit within FirstRand Bank Limited.
FNB Connect SIMs are only available to banking customers and can be managed through the FNB app along with the user’s bank account.
Shadrack Palmer product head at FNB Connect said in a statement: "Since the launch of our Free Connect offering in July 2019, we’ve tried to remain consistent to see how best we can incentivise our customers when they need it most. As FNB Connect, we understand the pressures customers are facing financially and are committed to providing better value at every opportunity."
Here are the new prices:
1. Lifestyle Plan
2. Once-off data
The bank added that from 1 April – 30 June 2020 it will implement measures to provide relief to individual and business customers whose financial stability has been impacted by Covid-19. FNB's interventions will assist customers who demonstrate sound banking behaviour, such as having honoured their repayments to the bank on a consistent basis prior to Covid-19.
For those customers that qualify, the Covid-19 interventions will be for all products with the bank, and they will be available for a period of three months, covering the following:
- Instalment cashflow relief, during which part or no instalments/repayments will be due for a specific period;
- A preferential interest rate will apply to the Covid-19 relief interventions given;
- No fees will be charged for any relief granted;
- Assistance with processing credit insurance claims, where possible;
- Individualised bridge facilities for those who need it.
Written by: Staff Writer.
Guzzle Media
