Banks have come a long way from the temples of the ancient world, but their basic business practices have not changed. Banks issue credit to people who need it, but demand interest on top of the repayment of the loan. Although history has altered the fine points of the business model, a bank’s purpose is to make loans and protect depositors’ money. Even if the future takes banks completely off your street corner and onto the internet, or has you shopping for loans across the globe, the banks will still exist to perform this primary function. First National Bank has tapped into this industry movement by offering a diverse range of products and services. One product in question is the Smart Save Account.

The Smart Save Account has been designed for individuals over the age of 55 who wish to keep a manual record of savings.With this account, you can withdraw cash in an FNB branch, make deposits using an FNB ATM Advance, make inter-account transfers and access savings immediately.You also earn better interest rates and get 10 free transactions if you keep minimum R5,000 in your account.

In order to qualify, you must be 55 years and above, be a South African citizen, be in possession of a South African ID book or card and be in possession of proof of residence which could be in form of water, lights or telephone bill not older than 3 months.

First National Bank can be contacted on 0875759406 and trained consultants will be on hand to assist.