Banking & Money Tips articles

Absa double debits clients
Last week Absa customers took to Hello Peter to complain about double debits on their accounts. On 9 and 10 August, some customers experienced an issue where transactions were being deducted twice from their debit or credit cards.

Bank security – how safe are SA banks?
A recent Norton internet security survey reportedly revealed that almost nine million South Africans were victims of cybercrime in the last year. So how safe are our South African banks?

FNB popular accounts’ fees will remain unchanged
First National Bank (FNB) has announced that fees on its most popular accounts will remain unchanged until June 2017.

Capitec Bank fails to put the customer first – Summit
Summit Financial Partners has lodged a case with the Stellenbosch magistrate’s court for reckless lending against Capitec Bank.

Barclays Africa: A potential buyer
Barclays Africa has had a lot of interest in it, with a potential buyer for the banking group being named as Atlas Mara.

African Bank open for business
The African Bank 'Good Bank' has opened for business, with the goal of offering more retail banking services in the future.

Old Mutual to sell stake in Nedbank
Old Mutual PLC has announced that it will be reducing its controlling stake in Nedbank Group.

Should you invest in Absa if Barclays exits?
Barclays is set to sell its stake in Absa, but should you still invest in them?

Standard Bank refer a friend offer
Refer a friend to Standard Bank and both you and the friend could receive R750 if your friend successfully opens an account.

Should you bank with FNB?
Following a string of complaints that money was fraudulently removed from FNB accounts, a forensic consultant has warned people against the bank.

Standard Bank system down on 7 February
Standard Bank customers to experience service disruptions on Sunday 7 February.

Islamic banking popularity increases
According to FNB, Islamic banking is increasing in popularity as people seek alternative banking solutions.

