You meet FNB Private Wealth’s financial entry requirement with annual income of at least R1.8 million. Alternatively, net assets must exceed R15 million.
Your entry threshold, residence documents and credit facility rules
FNB may refuse over-limit transactions or reduce your limit, effective on delivery of written notice. Residence proof must be in your name and no older than three months.
If your credit facility falls into arrears, it is suspended and you cannot make new transactions. Your statement sets the minimum payment and its due date.
What you pay to carry a balance and keep the card
Your interest rate is set in FNB’s quote. Miss full payment by the due date and interest-free days stop. Interest runs from each transaction or fee until the full balance is paid.
FNB’s card account costs R380 monthly. With Fusion Private Wealth at R655 monthly, you get waived card account and facility fees. Fusion’s monthly fee remains payable.
The income, assets and documents you need to apply
Use your latest payslip or the last three months’ bank statements.
- Bring recent address proof.
- Earn at least R1.8 million yearly or own net assets above R15 million.
- SA residents need a barcoded SA ID or valid SA passport.
- Use your latest payslip or recent statements.
- Foreign residents need passports and valid work or retiree permits.
How to request your Private Wealth card
- Apply for the card through the FNB App.
- Or contact your private advisor.
FAQ
Can I get interest-free days when I pay with my Private Wealth card?
Get up to 55 days on straight purchases by paying the full statement balance on time. Cash, budget and balance transfers are excluded.
Which exchange rate applies when I pay in a foreign currency?
Visa converts foreign currency at its rate on the processing date, which may differ from the purchase date. You bear exchange-rate differences.
How does interest build up on my unpaid card balance?
Debit interest is calculated daily, then capitalised and charged monthly. Your individual quote sets the interest rate applied.
Can I spread a purchase over a longer repayment period?
Request budget instalments; FNB decides. Choose a term under its rules; rates may alter it. Interest starts on the transaction date.