{"id":17909,"date":"2012-07-16T14:54:23","date_gmt":"2012-07-16T12:54:23","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=17909"},"modified":"2012-07-16T14:55:43","modified_gmt":"2012-07-16T12:55:43","slug":"fnb-cuts-point-of-sale-withdrawal-costs","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/banking\/17909\/fnb-cuts-point-of-sale-withdrawal-costs\/","title":{"rendered":"FNB cuts point-of-sale withdrawal costs"},"content":{"rendered":"<p>FNB is offering free withdrawals at point-of-sale with the cash-back service for holders of FNB chip-enabled cheque cards at selected retailers.<\/p>\n<p>The cash-back service is currently limited to participating Checkers, Pick &#8216;n Pay, Shoprite and selected Spar outlets.<\/p>\n<p>\u201cCash-back at point-of-sale offers customers added convenience and lower costs. We see that ATMs will continue as evolve as a key delivery channel for customers accessing a range of banking services, and for drawing cash outside shopping hours,\u201d said CEO of banking channels, Barry de Witt.<\/p>\n<p>When paying for goods at the listed stores, customers will also be able to withdraw cash, under the following conditions:<\/p>\n<ul>\n<li>The cash-back facility is limited to customers who are making purchases &#8211; customers are not able to draw cash without a purchase at the moment;<\/li>\n<li>The cash amount is limited to R3 000 per withdrawal.<\/li>\n<\/ul>\n<p>The transaction is free to holders of FNB cheque accounts that are on the bank\u2019s unlimited pricing option, and customers can make an unlimited number of cash-back withdrawals in the month.<\/p>\n<p>These customers can make 6 withdrawals at FNB ATMs at no charge in a month, FNB said.<\/p>\n<p>FNB Gold and Platinum Cheque Account on a pay-as-you-use (PAYU) pricing option, will be charged R0.90 for cash-back at point-of-sale, compared to a ATM cash withdrawal fee of R6 per R500 to a maximum of R24.<\/p>\n<p><strong>Related articles<\/strong><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/banking\/17467\/why-fnb-is-rated-as-the-top-bank-in-sa\/\"><strong>Why FNB is rated as the top bank in SA<\/strong><\/a><\/p>\n<p><a title=\"FNB defends R24 ATM charge\" href=\"http:\/\/businesstech.co.za\/news\/banking\/15864\/fnb-defends-r24-atm-charge\/\"><strong>FNB defends R24 ATM charge<\/strong><\/a><\/p>\n<p><a title=\"SA has highest ATM fees: survey\" href=\"http:\/\/businesstech.co.za\/news\/banking\/15476\/sa-has-highest-atm-fees-survey\/\"><strong>SA has highest ATM fees: survey<\/strong><\/a><\/p>\n<p><a title=\"Best and worst banks in SA: reputation survey\" href=\"http:\/\/businesstech.co.za\/news\/banking\/11995\/best-and-worst-banks-in-sa-reputation-survey\/\"><strong>Best and worst banks in SA: reputation survey<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FNB is offering free withdrawals at point-of-sale with the cash-back service for holders of FNB chip-enabled cheque cards at selected retailers.<\/p>\n","protected":false},"author":10,"featured_media":15878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[25,76,2388,3560],"class_list":["post-17909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-active","tag-fnb","tag-point-of-sale","tag-withdrawal-fees"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/17909","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=17909"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/17909\/revisions"}],"predecessor-version":[{"id":17914,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/17909\/revisions\/17914"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/15878"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=17909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=17909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=17909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}