Credit switch

Credit switch enables you to consolidate your qualifying debt from various credit providers into one convenient personal loan. Benefit from one monthly fee, one reduced monthly repayment, one personalised interest rate and no initiation fee.

Apply now

How the credit switch works

A credit switch lets you combine your personal loan, store credit and revolving loan into one easier repayment. Instead of managing three accounts, three debit orders and different interest rates of 23%, 26% and 22%, you could switch your total monthly repayments of R4,790 into one consolidated credit agreement with one monthly repayment, helping you simplify your debt and manage your money with more confidence.

Consolidate your unsecured credit into one convenient personal loan

Your monthly instalment is likely to be lower than what you're currently paying. On average our customers reduce their repayments by R1,200 p.m.

1

Pay less fees

2

Potentially pay a lower interest rate

3

Pay off your loan over a longer term if you qualify, and wish to do so

Get it now

We manage the switching process for you. You can manage your loan account easily 24/7 via the FNB App.

Qualifying criteria

•You need to be permanently employed or self-employed

•You must be 18 years or older

•Be a permanent SA resident

•Your salary must be directly paid into your bank account

Required documents

•If you are an FNB customer: South African green barcoded ID or smart ID card, proof of residence not older than three months, receive a stable income in your FNB account for at least three months.

•If you are not an FNB customer: South African green barcoded ID book or smart ID card, proof of residence not older than three months, proof of income (latest three months of payslips/bank statements) or ITA 34 or three months of bank statement if you're self-employed.

•Note that if your income changes, you may be required to submit your latest three months' proof of income.

Apply for a Credit switch

Apply now

Find a branch

Get in touch

Contact us on 087 730 5596

Apply at your nearest FNB branch

Contact your Private Advisor