FNB has reduced its car licence disc renewal fee from R99 to R69, but the new price will only be available until 30 June 2024.
The promotional R30 reduction follows a previous price cut in 2023 when the bank dropped its combined service and delivery fee for the service from R199 to R99.
That change had already made FNB’s service the cheapest of major providers in South Africa, on par with the National Traffic Information System’s online portal.
FNB customers can use the bank’s mobile app to renew their licence discs after loading their car onto the nav»Car platform and pay for the service using in-app using their bank account, credit card, or eBucks.
“This service from FNB is offered in collaboration with the Road Traffic Management Corporation, with no paperwork, if you are the registered owner of the vehicle,” FNB said.
The bank will also reward customers with R99 worth of eBucks for a licence disc renewal and provide a no-obligation car insurance quote from FNB Insurance.
The table below compares FNB’s licence disc renewal fees with those of other providers
| Licence disc renewal service price comparison | ||||
|---|---|---|---|---|
| Provider | Availability | Service/admin fee | Delivery fee | Total |
| FNB | Nationwide | Included | Included | R69.00 (promo) R99.00 (regular) |
| National Traffic Information System (Natis) Online | Nationwide | Included | R99.00 | R99.00 |
| South African Post Office (SapoMVL) | Nationwide | R72.00 | R75.00 | R147.00 |
| PayCity | Gauteng, City of Cape Town (metro only), Free State, Northern Cape, Mpumalanga, Limpopo, North West | Included | Included | R166.75 |
| Shoprite Money Market | Nationwide | R110.25 | R74.75 | R185.00 |
| Spar | Unknown (only selected stores) | R199.00 | Included | R199.00 |
| Renewonline | Nationwide | R100.00 | R115.00 | R215.00 |
| Disky | Nationwide | R169.00 | R70.00 | R239.00 |
It is important to note that the fees only cover the service and delivery, not the actual vehicle licencing cost, which ranges depending on your vehicle’s weight and the province of registration.
FNB nav» CEO Jolandé Duvenage said the bank’s renewal service continued to grow in popularity.
Over 1 million new vehicles were uploaded to FNB’s over the past 12 months, of which 107,000 performed licence disc renewals through FNB.
The platform also allows customers to get free vehicle value estimates, pay traffic fines, and take up comprehensive insurance and value-added products including stretch and dent protection and extended warranties.
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