First National Bank plans to launch its first uncapped fixed-line broadband data plans later this week, offering discounts of up to 100% on monthly subscription fees to qualifying customers.

The bank said in a statement on Monday that qualified personal cheque account holders and private client customers can receive between 10% and 100% off through its Internet service provider, FNB Connect.

“We have embraced the trend towards uncapped ADSL and wanted to offer a long-term deal which will distinguish FNB from the other players in the market,” says FNB Connect head Farren Roper in a statement.

Customers will only reach the 100% discount through “banking efficiently and electronically”, says FNB core banking solutions CEO Irlon Terblanche. Rewards are allocated on the 8th of each month, based on points earned in the previous month.

Connection options include 384kbit/s at R99/month, 1Mbit/s at R199/month, 2Mbit/s at R299/month, 4Mbit/s at R399/month and 10Mbit/s at R899/month. Contracts are month to month and can be upgraded, downgraded or cancelled at any time.

Watch a promotional video explaining the new products and discounts (via YouTube):