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FNB Partners with iStore to Make iPhone X Affordable

December 07, 2017

Faizel Patel, Radio Islam News – 7-12-2017

First National Bank (FNB) has partnered with the iStore to make the new iPhone X affordable to those who desire Apple’s new flagship device.

The iPhone X was officially launched in South Africa on the 24 November.

It boasts a 5.8-inch screen, is powered by Apple’s A11 Bionic chip and has wireless charging, an infrared camera and hardware for facial recognition, which replaces the fingerprint sensor for unlocking the phone.

FNB says holders of the Gold, Premier, Private Clients, Private Wealth and RMB Private Bank credit card holders will be able to purchase the iPhone X 64GB (30 months) and iPhone X 256GB (29 months) at R749 and R899 per month respectively.

It says after 24 months, the customer can trade in the device and use the trade-in value to settle their outstanding balance, or continue paying for the remainder of the term.

Customers will have to purchase the device at any iStore in South Africa on their FNB Credit Card straight facility. Once a purchase has been made, FNB will transfer the purchase and limit onto a budget facility at a promotional 8% interest rate.

Head of Product at FNB Credit Card, Heetal Govindjee says iPhone X deal is a first for the industry, which gives customers access to the latest technology.

“Not only will customers experience top of the range technology, without burning a hole in their pockets, this deal will go a long way to helping them to save, given the tough economic circumstances which continue to put pressure on disposable income.”

Although iPhone stock are currently constrained due to the overwhelming response from consumers, FNB Credit Card holders can join the waiting list at iStore.

Twitter: @FaizelPatel143 

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