File Image: IOL

CAPE TOWN – First National Bank (FNB) has announced price increases for its Connect cellular products, introducing price changes on its website

Commenting on the increase, Shadrack Palmer, Chief Commercial Officer, FNB Connect told Business Report: As part of its first pricing review in three years, FNB Connect will be harmonising its pricing for Out of Bundle, Once Off Bundles and Recurring Bundles across all Voice, Data and SMS pricing plan. This will help standardise the prices of these bundle rates for customers whether they are on Prepaid, Top Up or Post Paid and simplify the price structure in the bank’s mobile offering.

The new pricing is valid from 1 November 2018 to 30 September 2019 and includes new pricing for voice and data services.

"The review is aligned with FNB Connects ongoing business strategy to ensure that its offerings provide superior value for money, increased customer satisfaction and legislative compliance while meeting industry standards. The revised prices remain competitive and customers may receive the added benefit of earning up to 15% back in eBucks on their FNB Connect purchases," said Palmer.

"We remain committed to providing customers with added convenience that ensures customer satisfaction and lessens customer angst", said Palmer. 

Here are the new prices:

1. Once-off data

Bundles New Price
50MB                        R14                                      
100MB R27
300MB R64
500MB R85
1GB R125
2GB R215
5GB R390
10GB R690
20GB R1,380


2. Once-off voice and SMS

Bundles Price
30 Mins                               R30                                 
50 Mins R49
100 Mins R96
200 Mins R184
350 Mins R307
500 Mins R417
1,000 Mins R802
2,000 Mins R1,000
50 SMS R20
100 SMS R35
150 SMS R45
250 SMS R65
400 SMS R85
600 SMS R115

3. Connect Top Up packages

Package Included Price
Connect Top Up XS 30 Mins, 100MB, 30 SMS R50
Connect Top Up S 50 Mins, 150MB, 50 SMS R75
Connect Top Up M 100 Mins, 300MB, 100 SMS R139
Connect Top Up L 200 Mins, 1GB, 300 SMS R299
Connect Top Up XL 300 Mins, 2GB, 500 SMS R499
Connect Top Up 500MB 500MB R45
Connect Top Up 1GB 1GB R85
Connect Top Up 2GB 2GB R125
Connect Top Up 5GB 5GB R320


4. Recurring data

Bundles Price
50MB                               R14                                     
100MB R27
500MB R85
1GB R125
2GB R215
5GB R390
10GB R690
20GB R1,380

5. Recurring voice and SMS

Bundles                           Price                                      
30 Mins R30
50 Mins R49
100 Mins R96
200 Mins R184
350 Mins R307
500 Mins R417
1,000 Mins R802
2,000 Mins R1,000
50 SMS R20
100 SMS R35
150 SMS R45
250 SMS R65
400 SMS R85
600 SMS R115

6. Out of bundle rates: 

  • Voice – R1.40 min
  • Data – R0.30 MB
  • SMS – R0.50 SMS

BUSINESS REPORT ONLINE