First National Bank
What are these fees for Share saver?
- 06-20-2013
- 91
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!
Company: First National Bank
Country: South Africa
City: Shares/Gold