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Saturday, 6 July 2013

Be warned of inflated fnb device prices!

I know that it's been a while since I've blogged anything but work and motherhood are keeping me busy :-) since I've gotten my Google nexus tablet it may just make me a better blogger :-) I seriously love this device but don't purchase it via #fnb! I love my bank but this deal was not cost effective.

Given that I could've purchased it for R2900 cash and still received my banking free (on an unlimited option) but instead I've been switched to a mobile pricing option (always be careful of the small print) where it's going to cost R120 every month for bank fees. So I've asked for the early settlement value so that i can return to free banking and it's a whopping +-R4400!!!

So my options are to either settle and pay the inflated price or pay the monthly R120 banking fees plus R150 monthly for the device. Even if I get R50 back monthly if I spend R1500 on my gold credit card it still equates to R5280 over the 24 months!!!

Next time I'm rather purchasing devices cash! This deal was not a saving for me in any way. It would've been if I kept my free banking but this option is rather expensive, actually R2380 more than the cheapest cash price! Come to think of it, it's almost the price of 2 tablets cash price! Bad purchase decision with significant cost implications. Oh well, too late to cry over spilled milk now. So be warned FNB device options are not as attractive as you think plus don't forget to add in the R150 courier fee :(

Yes, this blog has absolutely nothing to do with type 1 diabetes but maybe I can save someone else some money that can be better used for sensors or a pump upgrade :-)

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