Annual effective interest rate: An annualized interest rate that takes into account the effect of compound interest for one year, unless interest is withdrawn. First Business Zero is aimed exclusively at sole proprietors. Sole proprietorship is a type of business owned and managed by a person where there is no legal distinction between the owner and the business entity (such as a pty). 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. At First National Bank, a health savings account can be opened with a minimum deposit of only $100. We offer independent insurance and family insurance plans. A free instant-issuance MasterCard or personalized checks can be obtained, allowing you to make qualified payments from your HSA account directly to your healthcare providers. Call us with your specific business needs. We are ready to work for you! Perfect for companies that maintain a higher balance. To get your free monthly Connect FNB SIM plan, you must: The FNB virtual card in the ETF app is a faster, safer and more secure way to pay for your online and in-store purchases wherever you are in the world. You can also create an unlimited number of cards at no extra cost to use as needed. Our Business Call ETF account is designed to meet the needs of business owners by helping you manage your cash flow and get the most out of your cash flow while having instant access. By using the Business Call ETF account, you can isolate your excess money from your day-to-day expenses and make sure your money works for you (earning interest) until you need it.
Use the account to build up cash reserves, which are essential to your business. Access a free business coach anytime, anywhere with Fundaba via the ETF app. For more information about an HSA account, please contact one of our customer service representatives. You should also contact your health insurance company to see if you qualify and your tax professional for tax advice. First National Bank does not sell health insurance directly to the public and does not provide advice on health insurance. First National Bank does not offer tax preparation or tax advice. * Call or speak to one of our friendly customer service representatives to know all the details and determine the type of checking account that is best for your business. Nominal Interest Rate Per Year (NACM): This is the annualized interest rate that you earn daily and is capitalized monthly. This interest rate does not take into account the effect of compound interest.
You pay a monthly account fee of zero and get free and unlimited card scans. We set you up for success with a free FNB Connect SIM card and access to a QR code to accept payments on the go. Don`t pay monthly account fees and enjoy unlimited free card scans. If you currently have a checking account with us, you can rearrange the checks here. Please allow 7-10 business days to receive your cheques. Time is money! Why spend both by going to the bank to deposit checks? Find out how remote repository capture can improve your business! Get paid with QR Speedpoint®, available in the ETF app. Simply generate a QR code to accept payments on the go, PLUS there is no registration or monthly fee. Transfer extra money to your Business Call ETF account.
Let your money go further and earn eBucks while spending online. A First National Bank Health Savings Account (HSA) is a great way to save on your health care expenses while saving tax. If you qualify, an HSA offers the following benefits: Accept payments with QR Speedpoint®, which is available in the ETF app. Your debit card and SIM card will be delivered by mail. Your eligibility for an HSA depends on your health insurance coverage. You must be insured under an HSA-eligible High Deductible Health Care Plan (HDHP) to contribute to an HSA. An HDHP usually requires you to pay out of pocket for medical expenses incurred (with the exception of certain preventive care costs) until your deductible is reached. Coverage of the plan comes after that. You should check with your insurance provider or employer, who can clarify the rules that define an HSA-compliant HDHP and see if your health insurance plan is eligible for HSA. In addition to HSA-enabled HDHP coverage, you can: Stay connected with the CONNECT ETF SIM card and you can get a free plan every month. Make at least one transaction on your First Business Zero account each month and get the following at no additional cost to you: First Business Zero is a digital solution for the sole proprietor who wants to rely on the ETF app anytime and anywhere. Keep your money by working harder with a working money account.
Opening a First Business Zero account is easy. Open the ETF app, select “First Business Zero Account”, upload your documents and start the transaction. Save regularly and watch your savings grow! You get a competitive interest rate on your funds deposited in a regular savings account. Your CVV number changes every hour. Create, cancel, delete or block your card at any time. .