A smarter way to budget your iStore purchase.
Enjoy a budget plan on your entire purchase not just selected items when your total spend is R5000 or more.
iStore and FNB now give qualifying credit card customers the option to move eligible purchases of R5000 or more from straight to budget at a fixed, prime-based interest rate.
Simply shop in-store or online, swipe straight, and activate your 24 or 36 month budget plan via SMS or the FNB App after purchase.
How it works
Shop your favourites
Add devices you are purchasing (over R5000) to your cart.
Proceed to checkout
Pay with your credit card
Choose your budget plan
After your transaction is processed at FNB, you’ll receive a message via the FNB App or SMS with an offer to move your purchase to the budget facility. You can choose between 24 or 36 month repayment terms.
Need help?
If you have any issues or have not received a communication within 48hrs of completing your transaction, please contact FNB Credit Card Support.
FNB Credit Card Budget Calculator
Wondering what it is going to cost? Just use our calculator and check - it's that simple!
Calculate
Result
Your monthly instalment will be:
R0.00
First National Bank a division of FirstRand Bank Limited (the Bank) provides this calculator, which you accept is for convenience to provide results based on your input and assumptions and should not be used for any other purpose whatsoever. The Bank gives no warranty, express or implied, as to the accuracy, reliability and completeness of any information, formulae or calculations provided through the use of this calculator and does not accept any liability for loss or damage of whatsoever nature, including indirect or consequential loss, which may be attributable to the reliance on and use of this calculator.
Eligibility checklist
FNB or RMB Private Bank Credit Card
Minimum spend of R5000
Straight-facility credit card swipe
Transaction does not exceed 80% of your total credit limit
Your budget plan applies to the full qualifying transaction, not individual items as long as the total purchase is R5000 and above.
Frequently Asked Questions
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What is the FNB Credit Card Budget Plan?
The FNB Credit Card Budget Plan allows qualifying customers to convert an iStore purchase of R5 000 or more from straight payment to a budget plan over 24 or 36 months, at a fixed Prime-based interest rate.
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Who qualifies for this offer?
Only customers with FNB or RMB Private Bank personal credit cards qualify.
The following do not qualify:
- Business credit cards
- Fusion accounts
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What is the minimum purchase amount?
The total qualifying transaction must be R5 000 or more.
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Does the budget apply per device or per transaction?
The budget now applies per swipe (per transaction), not per individual device.
This means multiple items can be included in one transaction, as long as the total value meets the R5 000 minimum.
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Do accessories qualify for the budget plan?
Yes. Accessories qualify as long as the total transaction value is R5 000 or more.
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Is Guaranteed Trade-In still part of the offer?
No. Guaranteed Trade-In is no longer included as part of the FNB Budget Plan.
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How does the customer activate the budget plan?
After the transaction:
- The customer receives an SMS or in-app prompt from FNB
- They have 48 hours to accept and activate the budget conversion
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How long does it take for the budget conversion to reflect?
Once activated, the conversion typically takes 3–5 business days to reflect on the customer’s account.
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Is there a limit on the transaction amount?
Yes. The transaction may not exceed 80% of the customer’s available credit limit at the time of purchase.
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Do prefunded or topped-up transactions qualify?
No. Prefunded transactions do not qualify for the FNB Budget Plan.
If a customer tops up their credit card with cash to complete the purchase, the transaction is disqualified.
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What happens to customers already on the old FNB Budget Plan structure?
Existing customers with active contracts remain on their current structure. The updated rules apply only to new qualifying transactions from 19 January 2026 onwards.
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Can the budget be reversed if the customer changes their mind?
No. Once the budget conversion has been accepted, standard FNB credit card terms apply. Any changes thereafter are subject to bank processes and timelines.
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Who should customers contact for budget-related queries?
Customers should contact FNB Credit Card directly for:
- Budget activation issues
- Interest rate queries
- Statement or conversion timing
Terms and conditions
First National Bank – a Division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
Product and Campaign Terms & Conditions apply.
Subject to a maximum of 4 devices per credit card account.
*Only credit cards displayed qualify for the iStore FNB programme. FNB Fusion Cardholders and all Business Cardholders are excluded - note that this is not an exhaustive list.
*Trade in value dependant on condition of product at time of trade-in. The value is determined by in store evaluation.
Trade-in terms and conditions Exclusive to iStore in South Africa. All rights reserved.
Trade-in is completed in-store only.
The value of the trade-in during the in-store valuation process is subject to the applicant being the lawful owner of the device and the device being in good working order, with no damage whatsoever to the screen, no liquid damage, no damage to the outer shell, including any scratches or small dents, and the device has not had any unauthorised repairs. iStore may decrease the amount of the trade-in valuation if the above conditions are not met or are found to be untrue. A reduced cashback amount will be paid if the working Apple charger/power cable does not accompany the device when trading it in. A second evaluation will be completed at the iStore central processing centre and should the second evaluation be significantly different to the in-store assessment the applicant will be contacted and offered an amended trade-in value or arrangements will be made to return the device. Assessment results are final.
All user data must be removed from the device. One Mac may be traded in against one new/upgrade iPhone/Mac/iPad/Watch purchase, either on cash or cellular contract purchase if applicable. If the device to be traded in is linked to a cellular contract, the trade-in can only occur if the device you are trading is linked to a cellular contract older than 6 months, or no money is owed / outstanding towards the payment of the device. Should there be any money owing / outstanding on the device accepting these terms and conditions serves as a declaration that all outstanding money on the device or any obligation to the cellular network for this device will be settled in full, irrespective of whether the device is traded in before the contract expires. When you buy a new iPhone/Mac/iPad/Watch for cash, take out a new cellular contract, or upgrade an existing contract the trade in amount will be passed as cashback via Electronic Funds Transfer only.
Payments will only be made into South African registered bank accounts. Should all above conditions be met allow 14 working days for the committed cash amount to be transferred. Device Trade-in will not be considered if the serial number on the device has been removed, damaged or hidden or if the device itself has been altered, tampered or meddled with in any way. iStore will not be held liable for any misrepresentation caused due to an unintentional copy error, and/or omission that may occur on any of our material.
Only Apple products bought in South Africa from Authorised Resellers are eligible for trade-in at iStore E&OE.
For banking terms and conditions, please refer to the following link
For RMB terms and conditions, please refer to the following link
iStore & FNB Offer
These terms and conditions, together with the trade-in Terms and Conditions apply when purchasing an Apple product from iStore through the iStore & FNB Offer.
What is the iStore & FNB Offer?
It is a facility provided by FNB and iStore that gives you a trade-in opportunity at 12 or 24 months with an extended term to pay off your Apple product at a reduced interest rate.
Device payment
FNB will transfer the value of your selected products to a budget facility on your FNB credit card, over the budget instalment term at prime interest rate, with an option to trade in at 12 or 24 months. The budget instalment will be payable as per the standard terms and conditions on your FNB credit card.
FNB Terms and Conditions
Visit the FNB website -> About FNB + Legal -> Promotions Terms and Conditions
Prefunding your FNB Credit Card for the iStore purchase will not qualify the transaction for the budget plan promotional interest rate, specifically if the limit does not cover the purchase amount. Prefunding means that the purchase was not done on credit but with your own funds.
General
iStore and FNB Offer cannot be used in conjunction with gift vouchers or coupons.
iStore may change the terms and conditions for the iStore & FNB Offer as a result of changes in legislation, changes to the agreements with our suppliers, and/or changes to business rules. Please therefore keep yourself fully informed of the terms and conditions for the iStore & FNB Offer at all times, as this remains your responsibility.
You agree that we may share with FNB all your information, including information pertaining to the trade-in and this contract. We may also forward a copy of this contract to FNB.
Ownership of the device vests in the Customer and no third party shall have any right, title or interest in and to the device.
iStore shall at all times be entitled to cede its rights and delegate its obligations, in terms hereof, to any third party.
A reference to iStore means ZA Online Store (Pty) Ltd t/a iStore (Registration Number 2003/022401/07), its nominees, orders or assigns.
Click here to view FNB Credit Card iStore Campaign Terms and Conditions
Click here to view RMB Private Bank Credit Card iStore Campaign Terms and Conditions
Available in-store only.