First National Bank (FNB) has revealed details regarding its ADSL service, which offers discounts of as much as 100 percent on uncapped ADSL accounts as well as free monthly 3G data of 500MB.
The 100 per cent discount on uncapped ADSL products include the packages ranging from 384 kilobytes per second (kbps) to four megabytes per second (mbps). These packages usually cost between ZAR99 (US$10) and ZAR399 (US$91.55).
The package consisting of 10mbps costs ZAR899 (US$91.5), but is available to qualifying clients at a discounted price of ZAR500 (US$50.92).
The 100 per cent discounts on the monthly subscription fees are applicable to qualifying customers who sign up from August 8.
The monthly subscriptions have been designed to be flexible enough to be upgraded, downgraded or cancelled.
FNB Connect provides an online feature to help customers identify whether or not they qualify for a discount on uncapped ADSL.
“For uncapped accounts purchased on or before the 25th of the month, the first payment is calculated pro rata for the remainder of the days remaining in the month,” said FNB Connect via its website.
FNB Connect explained further: “For Uncapped accounts purchased on or after the 26th of the month, the first payment is calculated pro rata for the remainder of the days left in the month plus the payment for the next month.”
FNB Connect said further the discounts customers qualify for may vary and depends on the customer’s “rewards tier” for the next month.”
Furthermore, torrents and peer to peer (P2P) downloads are restricted.
“FNB has always been the leader in terms of data rewards offered to customers,” said Farren Roper, head of FNB Connect ISP.
“We have embraced the trend towards uncapped ADSL and wanted to offer a long term deal, which will distinguish FNB from the other players in the market. No other ISP (internet service provider) gives their clients up to 100 per cent discount off their monthly uncapped ADSL.”
FNB’s reasons for the discounts were largely due to the internet consumption in South Africa, which indicated an increase on sending and receiving emails, social media activity, uploading and downloading content and browsing, which is often conducted through more than one device per user.
“Free uncapped ADSL enhances the FNB value proposition and makes it possible for us to enable a digital lifestyle that not only simplifies banking, but keeps our customers connected. We are of the belief that this offer will make a real and tangible difference to customers’ data bills and we are proud that we were able to develop this in-house,” concluded Roper.