How I Make A Profit Of R1500 Per Month From My Bank!

[@Zeus91926]

Great video Pieter! Really informative! If possible, please make a rewards benefit comparison video in future?!

[@MoneyMarx]

Thanks Neo! For sure! It will be a meaty video, but I do like to analyze different products and services so it should be a fun video to make. :)

[@kyleboman2588]

Hi Pieter. Thanks for the great video. A suggestion for a new video topic is how to reach level 5 on ebucks with a business account.

[@minenhlemdunge3449]

Thank you for this Pieter! I have already applied for the Premier Bundle at FNB to move from Std Bank and was not aware of all the full benefits. This has really helped 🙏

[@MoneyMarx]

You're most welcome Minenhle! I'm glad you found the video helpful. Now you just need to milk the eBucks rewards programme dry so you can get some lekker cash back benefits! :)

[@ajmey158]

Awesome video Pieter, Dankie. I must say, the lounge visits are awesome, and also saves you money in the sense that everything you drink and eat in the lounge is free. Thus for people that travel a lot, this will be a big plus.

[@MoneyMarx]

Dankie AJ! Jah beslis! Kos en drinkgoed op die lughawe is vrek duur, so dit spaar nogal baie as mens dit ook in ag neem.

[@boitumelolebakeng7730]

Wow. You are just amazing. Please do rewards program for all the bank and how to maximize your cashback. Thank you very much.

[@MoneyMarx]

Thanks Boitumelo! Will make one for sure :)

[@user-ng1vn2sh7t]

I was with FNB 2 years ago. Moved to Discovery Bank. In my opinion, Discovery Banks rewards are far better than any bank in South Africa. They don’t limit you and you can get thousands of rands back each month. You also get major discounts at partners and you can convert your miles to money directly.

[@MoneyMarx]

Hey Travis. To be honest, I haven't really looked into Discovery in too much detail yet, but I believe that if you become part of the Discovery ecosystem with its medical aid and insurance, then its rewards can become quite powerful as well. I will look into it in the near future, but jah, for now we'll be sticking with FNB until it makes sense to move everything over to Discovery :)

[@danicasteyn7871]

We've also moved over to Discovery recently and so far it's been a great experience!

[@moosamathibela2101]

Loving your content! Thank you for showing us how to make the most of our banking benefits 👊🏾👊🏾

[@MoneyMarx]

Thanks Moosa!

[@patrick6006]

The video I didn't know I needed. Thank you Pieter. Very helpful

[@MoneyMarx]

Only a pleasure Patrick! :) Glad you found it helpful. :)

[@fay-yaadhallie661]

Please make a video on the different rewards programs!

[@MoneyMarx]

Will do so soon :)

[@TheAwarenessMage]

Rewards Programs video please! 3:49

[@andrewgreen336]

Hi Pieter, Maybe advise SLOW international airport lounge access on the Premier Account is only available with Bonus awards typically awarded with air ticket purchases.

[@MoneyMarx]

Hey Andrew. Thanks for pointing that out. Yes, you will have to buy the tickets through the FNB platform to access the airport lounges as far as I understand.

[@didimochwanaesi9658]

Great video. I'm interested on how to move to level 5. I'm definitely going to use your strategy of spousal benefit and downgrade to premier as I see no value in private wealth! But thanks Again

[@MoneyMarx]

Hey Didi. I will soon make a video on how to get to Level 5, especially now that the rules have changed, so make sure to stay tuned for that :)

[@princewembo8905]

Please make a video on how to get to level 5

[@MoneyMarx]

Will sure do :)

[@TheRidDlerX44]

@@MoneyMarx 100 times this. I always find myself going up and down between 1 and 3. My private banker even suggested something simple like moving 100 bucks 8 times between cards using the app just to get that usage logged and score something like ?1000? points

[@VinchanzoMostert]

Awesome video. Please make the video on how to reach Level 5. We are definitely moving over to FNB.

[@MoneyMarx]

Thanks Chanzo. Will definitely do so! Just keep in mind, the benefits I listed in this video are specifically for the Premier accounts. Every account at FNB has their own set of eBucks rewards, but if you want to see my reviews on all the different accounts from FNB you can go check out my blog www.randstoriches.com

[@VinchanzoMostert]

@@MoneyMarx Will do man. Great work! Keep the videos coming.

[@billykanjere9323]

you have taught me alot in this video

[@chrisg1234fly]

Ive been lucky enough to travel extensively and South Africa is the only place ive been whose banks still charge you for the privalege of having a bank account.

[@MoneyMarx]

Jip, that's true, and quite sad really

[@thatochabana2293]

Please make rewards benefit comparison video

[@MoneyMarx]

Hey Thato. That is on my video list for the near future. It will just take a ton of time to research haha

[@heinzhattingh9398]

Great video. Ebucks reels change elke jaar, Sal jy jaarliks video Kan doen met nuwe reels, limits ens?

[@MoneyMarx]

Dankie Heinz! Jip hul behoort dit weer in Julie te update. Ek gaan die ebucks reward programme op my blog, Rands to Riches ook nog review en update sodra die nuwe reels uit is :)

[@sedzesanimathavha9939]

awesome video

[@MoneyMarx]

Glad you enjoyed it

[@phumezabukekanolutshungu1871]

please make a video on nedbank rewards

[@MoneyMarx]

Hey Phumeza. I will make a video where I compare all the different rewards programmes in SA, but as far as I know, the Greenbacks from Nedbank are pale in comparison to the eBucks from FNB

[@waltervanzyl6697]

Thanks a lot for the video. If I may ask, what is the use of you business account? Are you using it for the income that you are generating through your tube etc? I would love if you could make a video about about what you channel through your business

[@MoneyMarx]

Hey Walter. Jah I channel all the income from my side businesses as well as my business expenses through my business account. It saves tens and thousands of rands in taxes every year so it really helps to save a ton of money. There seems to be quite a lot of interested in this topic, so I am planning on creating a mini video series and/or course on how exactly to set up a business in South Africa in the near future :)

[@waltervanzyl6697]

@@MoneyMarx that would be awesome

[@pallieishak2591]

can please do one for ABSA rewards programme; Thanks

[@aw5453]

Have you ever looked into discovery bank and its rewards program

[@MoneyMarx]

Hey AW. To be honest, I haven't yet. Discovery is a bit out of my price point at this stage as if you want to get the full benefit, you need to join their whole ecosystem, which caters for wealthy individuals for the most part. I will look into it in the next couple of years, and perhaps when it makes sense we can consider moving, but for now I am gappy with FNB

[@yogeshnaiker195]

Hi Pieter I just wanted to ask that R1844 that you’re getting back in eBucks is that actually cash that you get back in your pocket (ie money I can spend on anything I want) or is it still a rewards currency ? Thanks for the informative video

[@MoneyMarx]

Hey Yogesh. You cannot take it out as cash, but you can use it to pay for fuel at Engen, Groceries at Checkers and banking fees. You can also get deals from the eBucks shop and can use it at other online and instore shops

[@elrickleroyvanwyk9424]

Can you make video on how to get ebucks on a easy debit account.

[@devielouw8359]

PIeter kan jy 'n video maak van al die rewards programme in SA?

[@theesanvedan]

What about just going with Tyme Bank which has 0 monthly fee?

[@MoneyMarx]

Hey Theesan. I use Tymebank for my savings account but the transactional account is a bit limited for my personal needs. And although it has zero monthly fees, you will still pay for each individual transaction, so if you make a lot of transactions (like I do), then it can actually end up being quite expensive. Plus I make much more money from FNBs rewards programme, so that is where the real benefit lies for me :)

[@garykennedymegargy]

Are TymeBank and BankZero not worth a mention with their zero monthly fee?

[@doctorsihlemeyiwa75]

Rewards program please 😊

[@MoneyMarx]

I will make one in the near future Sihle! :)

[@riaanvandermerwe8901]

Hi there I'm new to this and have been scammed a lot of times,so please tell me if I invest R3000 how much is my profit daily-montly etc... please.Regards Riaan van der Merwe

[@MoneyMarx]

Hey Riaan. It really depends on where and for how long you invest your money. I would be very wary for any investment where your returns are "promised", especially when it is above 10% per year, except perhaps if it is a bond or fixed deposit for a bank, but this would likely be for a period longer than 5 years

[@riaanvandermerwe8901]

And I have a Nedbank account will it be fine?

[@MoneyMarx]

Nedbank has their own rewards programme called Greenbacks, but it pales in comparison to the eBucks from FNB

[@KungFuMouse]

How do you explain groceries to the tax man?

[@elainek3089]

Good question

[@deidre2321]

Help me please. Is it stupid to open another bank account to manage expenses better?

[@deidre2321]

Very helpful yes. I guess you really have to sit and do the maths...I am with standard bank.

[@MoneyMarx]

Hey Deidre. It really depends. If you run a side hustle or small business, then a separate bank account would make sense as it will help keep your personal and business expenses separate which will help for tax purposes. But you will be paying extra banking fees for another account, so other than that I don't really see a point in having two bank accounts.

[@ZenoDiac]

Why not just use a Std Bank MyMo account which is pay-as-you-transact for R5 per month? I feel like one can save tons.

[@MoneyMarx]

Hey Zenodiac. The PAYU accounts only work out cheaper if you make few transactions every month. I make quite a lot of transactions, so a bundled fee with a good rewards programme will save me the most money in my personal circumstances