[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  David (TalkingCents) [@talkcentss](/creator/twitter/talkcentss) on x 60.4K followers Created: 2025-07-25 04:53:19 UTC 𝟮/ 𝗧𝗵𝗲 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 There are actually two options of how you can rebate your bank fees: 𝗢𝗽𝘁𝗶𝗼𝗻 𝟭/ Buy the Stock of the Bank you transact with ( FirstRand, ABSA, Capitec, Standard, Etc). You can use the dividends as a rebate + capture share price growth. Or alternatively, 𝗢𝗽𝘁𝗶𝗼𝗻 𝟮/ Park ‘liquid cash’ in a linked savings account that is attached to your transactional account, the interest earned offsets the account fee. ( 𝗰𝗮𝗻 𝗮𝗹𝘀𝗼 𝗮𝗰𝘁 𝗮𝘀 𝗮𝗻 𝗲𝗺𝗲𝗿𝗴𝗲𝗻𝗰𝘆 𝗳𝘂𝗻𝗱) ————— I’m going to be focusing predominately on option X ( buying the stock of the bank ) in this thread, 𝗕𝘂𝘁 𝗜 𝘄𝗶𝗹𝗹 𝗾𝘂𝗶𝗰𝗸𝗹𝘆 𝘁𝗼𝘂𝗰𝗵 𝗼𝗻 𝗼𝗽𝘁𝗶𝗼𝗻 𝟮.🔻 —————- Let’s assume, You bank with FNB, and you use the Premier account ( R250 a month ). All you need to do is link a savings account to that transactional chequing account - which also gives you instant access to your money. 𝗛𝗼𝘄𝗲𝘃𝗲𝗿, That means the interest being offered ( paid to you ) will be quite low. That could be anywhere between 4-6%. 𝗟𝗲𝘁’𝘀 𝗷𝘂𝘀𝘁 𝘁𝗮𝗸𝗲 𝟲% ( 𝗯𝗲𝗶𝗻𝗴 𝗴𝗲𝗻𝗲𝗿𝗼𝘂𝘀 ). That means you will need at least R50,000 invested in the link savings account to offset the monthly Premier account fee of R250. ————————- R50,000x 6%=R3,000 (R250month) R15,000x X% = R900 ( R75 month ) ————————- 𝗡𝗼𝘁𝗲𝘀: *Investing X years worth of fees upfront, only gets you a rebate of R75, thus reducing the account fee to R175. *Your bank account is free if you manage to invest R50k, however, R50k cash is liquid and sitting there. *You can essentially use it as your emergency fund, remain liquid, and offset your bank fees. *Remember, this will need to increase slightly each year to offset the rise in annual bank fees. ————————— What this really means if you crunch the numbers further, is that you forgo the interest earned on that emergency fund money to have a free bank account. So, at the end of the day there is still a cost you pay, but it is less invasive. Read more here 🔻 XXXXX engagements  **Related Topics** [investment](/topic/investment) [opt](/topic/opt) [liquid](/topic/liquid) [$fsrjo](/topic/$fsrjo) [Post Link](https://x.com/talkcentss/status/1948607472580919568)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
David (TalkingCents) @talkcentss on x 60.4K followers
Created: 2025-07-25 04:53:19 UTC
𝟮/ 𝗧𝗵𝗲 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀
There are actually two options of how you can rebate your bank fees:
𝗢𝗽𝘁𝗶𝗼𝗻 𝟭/ Buy the Stock of the Bank you transact with ( FirstRand, ABSA, Capitec, Standard, Etc).
You can use the dividends as a rebate + capture share price growth.
Or alternatively,
𝗢𝗽𝘁𝗶𝗼𝗻 𝟮/ Park ‘liquid cash’ in a linked savings account that is attached to your transactional account, the interest earned offsets the account fee. ( 𝗰𝗮𝗻 𝗮𝗹𝘀𝗼 𝗮𝗰𝘁 𝗮𝘀 𝗮𝗻 𝗲𝗺𝗲𝗿𝗴𝗲𝗻𝗰𝘆 𝗳𝘂𝗻𝗱)
—————
I’m going to be focusing predominately on option X ( buying the stock of the bank ) in this thread,
𝗕𝘂𝘁 𝗜 𝘄𝗶𝗹𝗹 𝗾𝘂𝗶𝗰𝗸𝗹𝘆 𝘁𝗼𝘂𝗰𝗵 𝗼𝗻 𝗼𝗽𝘁𝗶𝗼𝗻 𝟮.🔻 —————-
Let’s assume,
You bank with FNB, and you use the Premier account ( R250 a month ).
All you need to do is link a savings account to that transactional chequing account - which also gives you instant access to your money.
𝗛𝗼𝘄𝗲𝘃𝗲𝗿,
That means the interest being offered ( paid to you ) will be quite low. That could be anywhere between 4-6%.
𝗟𝗲𝘁’𝘀 𝗷𝘂𝘀𝘁 𝘁𝗮𝗸𝗲 𝟲% ( 𝗯𝗲𝗶𝗻𝗴 𝗴𝗲𝗻𝗲𝗿𝗼𝘂𝘀 ).
That means you will need at least R50,000 invested in the link savings account to offset the monthly Premier account fee of R250. ————————- R50,000x 6%=R3,000 (R250month)
R15,000x X% = R900 ( R75 month ) ————————-
𝗡𝗼𝘁𝗲𝘀:
*Investing X years worth of fees upfront, only gets you a rebate of R75, thus reducing the account fee to R175.
*Your bank account is free if you manage to invest R50k, however, R50k cash is liquid and sitting there.
*You can essentially use it as your emergency fund, remain liquid, and offset your bank fees.
*Remember, this will need to increase slightly each year to offset the rise in annual bank fees. —————————
What this really means if you crunch the numbers further,
is that you forgo the interest earned on that emergency fund money to have a free bank account.
So, at the end of the day there is still a cost you pay, but it is less invasive.
Read more here 🔻
XXXXX engagements
Related Topics investment opt liquid $fsrjo