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Create & pay with your own virtual card

It's safe

Your CVV number changes every hour. Create, cancel, delete or block your card at any time.

It's convenient

Virtual cards can also be used for FNB Pay (Tap to Pay, Scan to Pay) and all partner wallet transactions, including Apple Pay, Samsung Pay, Fitbit Pay and Garmin Pay, without the need for a physical card.

FNB Purchase Protect

Get instant insurance for items purchased with your virtual card at no cost to you

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An account exclusively for the single-person business owner

Before we get started with the application process, we would like to ensure that this is the best account for you.

As a digitally savvy sole proprietor, do you:

  • Have a business that is not registered with CIPC (Companies and Intellectual Property Commission)?
  • Own and run your business by yourself?
  • Make all the decisions yourself, as the business owner?
  • Accept all risks associated with your business?

Then you are eligible for the FNB First Business Zero Account

Yes, I am a sole proprietor

Not a sole proprietor?

View more business accounts

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QR Speedpoint®

Get paid with QR Speedpoint® available on the FNB App. Simply generate a QR code to accept payments on the go, PLUS there are no sign-up or monthly fees.

View QR Speedpoint® page

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Get rewarded with an FNB Connect SIM

Get rewarded with an FNB Connect SIM

  1. Now on SA's best network. That's extensive coverage across South Africa for you.
  2. Stay connected with WhatsApp messaging, data and voice minutes every month on your FNB Connect SIM.
  3. Order, manage or port your number with ease on the FNB App.
  4. Buy airtime, data, voice or SMS bundles anytime, anywhere using the FNB App. Now available at over 200 retail stores nationwide through Eezi Airtime.
  5. Move up an eBucks reward level with an FNB Connect SIM.

FNB First Business Zero Connect rewards

Get rewarded with WhatsApp messaging*, 400MB data and 35 voice minutes every month on your FNB Connect SIM.

Qualifying criteria

  • Make sure that your FirstRand Bank accounts are active and in good standing.
  • Perform a minimum of one transaction on your FNB First Business Zero Transactional Account every month (perform a transaction on the FNB App or online banking or swipe your FNB First Business Zero card or make a deposit into your FNB Business Zero Account).
  • Spend R1 or more on your FNB Connect SIM Plans.

Note:

Spend is defined as all purchases and/or fees charged to the FNB Connect SIM card account, namely, SIM card subscription fees, recharge fees and purchases, SIM and Connection fees, Call Line Identify (CLI) fees and itemised billing fees. All Top Up Go promo SIM cards that are in use and that were sold with a device will be included in the spend calculation. Top Up plans bundled with devices, device purchases, and all penalty fees are excluded from this spend calculation.

Deposit includes the payment of your salary, other payments or drawings and specifically excludes (but are not limited to) any inter-account transfers. Transfers from mandated accounts will be classified as inter-account transfers (except for spousal accounts).

Only available to one FNB Connect SIM per commercial entity.

*Messages includes all voice notes, messages, sending of video files, pictures/image files, documents files limited to 2GB.

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Manage your cash flow

Our FNB Business Call Account is designed to meet the needs of business owners, by helping you manage your cash flow and derive higher benefit from your cash while still enjoying instant access. By using the FNB Business Call Account you can ring-fence your surplus cash from your day-to-day spending ensuring that your cash is working for you (by earning interest) until you need it. Use the account to build up cash reserves, which are essential to your business.

Account features

  • Minimum opening deposit of R1.
  • Regular transfers allowed.
  • Linked to your transactional account.
  • Bank your change option.
  • Capital and quoted returns are guaranteed.

Interest

  • Calculated daily and paid monthly.
  • Interest rates may fluctuate.
  • Balance tiered.
  • You can view interest rates on www.fnb.co.za

Published at 2023-05-26

Balance Rate Effective Rate
R1 - R19 999 6.50% 6.70%
R20 000 - R99 999 6.75% 6.96%
R100 000+ 7.00% 7.23%

Nominal rate per annum (NACM): This is the annualised interest rate that you will earn daily and is capitalised monthly. This rate does not take into account the compounding interest effect.

Annual Effective Interest rate: Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn.

Money in

  • Add any amount at any time via EFT or transfer via Cheque Account.
  • Schedule transfers allowed into the account.
  • No cash deposits.

Money out

  • Unlimited transfers to the transactional account
  • Minimum account balance of R0. (Withdraw all the funds without closing the account)

Fees

  • No monthly account fees apply.

Discipline

  • No debit orders allowed.
  • No card issued on product.
  • Not a transactional account.

Access

  • Enjoy instant access.

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Qualifying criteria

First Business Zero is designed exclusively for sole proprietors.

Sole proprietorship is a type of business that is owned and run by one person. There is no legal distinction between the owner and the business entity. A sole proprietor is a business not registered with CIPC (Companies and Intellectual Property Commission). The sole proprietor business owner accepts all risks associated with the business and makes all the business decisions by themselves.

Other business types have access to our Gold Business Account as an alternative.

First Business Zero Account

Designed exclusively for sole proprietors

A sole proprietor is a type of business that is owned and run by one person. There is no legal distinction between the owner and the business entity. With First Business Zero you pay a zero monthly account fee and get free unlimited card swipes.

You are only allowed to have one FBZ account (with exception of a trust account).

Apply Now
Tell me more

Transact on the FNB App any time, anywhere.

First Business Zero is a digital solution designed just for you.

As a sole proprietor who owns and runs your business by yourself, we understand the challenges and time constraints that come from working 'on' your business whilst working 'in' your business. Your are constantly on the move, wishing you had more hours in the day to get through everything.

Opening a First Business Zero Account is simple. Open the FNB App, select 'First Business Zero Account', upload your documents and start transacting.

First Business Zero is more than just a bank account

Zero monthly account fee

Pay no monthly account fee and enjoy unlimited free card swipes.



Fast payments

Accept payments with QR Speedpoint® available on the FNB App.

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Connect Rewards

Get rewarded with WhatsApp messaging, up to 400MB data and 35 voice minutes per month.

Read more

Manage your cash flow

Transfer any additional cash into your FNB Business Call Account.

Read more

Get business coaching

Access a free business coach any time, anywhere with Fundaba on the FNB App.

Read more

Create & pay with your own virtual card

The new virtual card on the FNB App is the faster, safer and more secure way to pay for online purchases wherever you are in the world.

Applying made easy

Apply Now

Qualifying criteria

   Pricing Guide

First National Bank - a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider 1929/001225/06 (NCRCP20).