{"id":11057,"date":"2012-04-27T13:19:28","date_gmt":"2012-04-27T11:19:28","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=11057"},"modified":"2012-04-29T22:24:32","modified_gmt":"2012-04-29T20:24:32","slug":"fnb-standard-bank-adverts-found-to-be-misleading","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/banking\/11057\/fnb-standard-bank-adverts-found-to-be-misleading\/","title":{"rendered":"FNB, Standard Bank adverts found to be misleading"},"content":{"rendered":"<p>Both <a title=\"Standard Bank\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2385-Standard-Bank\">Standard Bank<\/a> and <a title=\"First National Bank\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1730-FNB-First-National-Bank\">First National Bank<\/a> have been found guilty of misleading advertising, according to a report on Friday.<\/p>\n<p>Last month the banks accused each other of ambiguous and unsubstantiated marketing and both approached the <a title=\"ASA - Advertising Standards Authority of South Africa\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1814-ASA-Advertising-Standards-Authority-of-South-Africa\">Advertising Standards Authority (ASA)<\/a> over adverts they believed were misleading to consumers, the Star newspaper reported.<\/p>\n<p>FNB was found to be misleading the public for its claim that its Smart Zero account was the &#8220;first bank account in South Africa with a zero monthly fee.&#8221;<\/p>\n<p>It found that other banks had offered this service in the past, including Standard Bank.<\/p>\n<p>The authority also found that Standard Bank&#8217;s posters which read: &#8220;free cellphone banking, free telephone banking, and free internet banking&#8221;, were misleading as it did not inform consumers that certain costs applied, like a subscription fee.<\/p>\n<h3 class=\"my-4\">Related Articles<strong><\/strong><\/h3>\n<h3 class=\"my-4\"><strong><a title=\"Young or old \u2013 who is using cellphone banking?\" href=\"http:\/\/businesstech.co.za\/news\/banking\/10050\/young-or-old-who-is-using-cellphone-banking\/\">Young or old \u2013 who is using cellphone banking?<\/a><\/strong><\/h3>\n<p><strong><a title=\"Withdrawal fees \u2013 how SA banks stack up\" href=\"http:\/\/businesstech.co.za\/news\/general\/6917\/banking-withdrawal-fees-who-is-the-cheapest\/\">Withdrawal fees \u2013 how SA banks stack up<\/a><\/strong><\/p>\n<p><strong><a title=\"SA banking fight on price and services\" href=\"http:\/\/businesstech.co.za\/news\/banking\/8775\/sa-banking-fight-on-price-and-services\/\">SA banking fight on price and services<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Both Standard Bank and First National Bank have been found guilty of misleading advertising, according to a report on Friday.<\/p>\n","protected":false},"author":4,"featured_media":9518,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[2553,2170,10335,739,76,26,499],"class_list":["post-11057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-advertising-standards-authority","tag-asa","tag-banking","tag-first-national-bank","tag-fnb","tag-headline","tag-standard-bank"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/11057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=11057"}],"version-history":[{"count":8,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/11057\/revisions"}],"predecessor-version":[{"id":11059,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/11057\/revisions\/11059"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/9518"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=11057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=11057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=11057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}