AfricaComplaints.com » Business & Finance » Complaint / review: First National Bank - What are these fees for Share saver? | #139497

First National Bank
What are these fees for Share saver?

I bought the Share Saver product from FNB. As per the product description I was going to invest R300.00 or every month. So I opted for R300.00 which was deducted from my cheque account and paid to the share saver. The purchased shares for me with that money.

Now I just found out they also debited R58.00 x 2 and some R0.76 X 2 from my account as fees. I didn't know you were going to deduct fees from my main account. I assumed my investment is only R300.00 a month and all the fees are handled through the share account.

I have already lost about R200.00 with this share saver thing within a month.
Cancel this account and refund me whatever cash is available to my main account. I don't want it anymore.

If I knew I will lose this money, I wouldn't have taken this so called investment which costs more than you can earn on the shares.

PLEASE CANCEL!

Date:

Company: First National Bank

Country: South Africa   City: Shares/Gold

Category: Business & Finance

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