Tag - bank fees

Banking wars are good for your pocket

A banking price war is under way and is doing more to drive down bank fees than any government regulation could ever hope to achieve. Recently Standard Bank slashed its banking fees which, it claims, makes its range of transactional accounts amongst the cheapest in the market. Earlier this year Standard Bank, Absa and Nedbank all launched low cost...

Bank fee comparison is smoke and mirrors

FNB was the first bank to challenge Capitec in offering a no frills, simple bank account when they launched EasyPlan nearly two years ago. The other banks have followed and are now all aiming to provide low cost banking for under R30 per month. In July last year Nedbank launched Nedbank ‘Ke Yona’ account, this month Absa extended its Absa...