FNB banking fee and eBucks changes for 2025

Banking group FNB has published its updated pricing guides and eBucks earning rules for 2025/26, which will come into effect from 1 July.

The key changes for the year include slight increases to banking fees, as well as increases to the monthly account charges.

The group’s mid-market Aspire account will see a R5 increase to the monthly charge to R120 per month, while Premier accounts will see a R10 hike.

The FNB Easy pay-as-you-use (PAYU) and bundle accounts will also see small price hikes of R1 and R4.50, respectively.

Private bankers will see a sharper increase, with the Private Wealth account increasing by R30 per month to R625. However, the Private Clients account will maintain its R455 per month fee.

In terms of transaction fees, the bank said it has made inflation-based changes to most fees, keeping the financial pressures on households in mind.

Some notable changes to transactions include a slight increase to charges when withdrawing cash, including from other banks’ ATMs.

There have also been slight adjustments to withdrawal fees at point of sale and to deposits,. The most important change with these general fees is that the limit for free transactions has been lowered.

Previously, the transactions were free until R3,000 had been transacted in a month. This has been lowered to R2,000, meaning fees will kick in sooner for anyone dealing with cash.

The monthly account changes can be seen below:

Changes to select transactions can be seen below:

Changes to eBucks

FNB has also made some changes to the eBucks rewards programme, which will also come into effect at the same time as the fee changes.

For 2025/26, FNB has tried to level the playing field for earning eBucks by lowering the earnings threshold for Premier clients.

The thresholds for level 2 and level 4 are now 500 points lower, while level 5 is 1,000 points lower.

However, the bank has also made things a bit more difficult for those trying to earn points, having scrapped or lowered some qualifying transactions.

The total points being earned from some transactions – like virtual card purchases – have also been lowered.

The new level thresholds:

All the new earn rules can be found here.

eBucks is one of the biggest loyalty rewards programmes in the country, used by approximately 28% of the economically active population.

However, its use has waned over the years, with the latest South African Loyalty Landscape whitepaper for 2025 showing it has dropped out of the top 10 for the first time.

Notably, though, it remains the most popular programme run by a financial services group, with Capitec’s Live Better programme topping the list for mass market consumers.

One of the biggest changes to the programme was made in late 2024, when the group partnered with Pick n Pay as a key trade partner.

FNB said the eBucks programme aims to address customer lifestyle needs and financial priorities., the results of which have already been seen.

It noted that over 3.4 million “99c bread offer” vouchers have been delivered to customers through the partnership with Pick n Pay.

This is only a part of the R2.2 billion worth of eBucks rewards given to customers in the past year.

Another R295 million in eBucks was paid for spend at Engen and R98 million in eBucks spend at clicks in the last 12 months.