1 reviews | Active since Sept 2012
Credit Life Cover
In 2010 December I took an overdraft on my account with Absa Bank and I cancelled it few years after (between 2012 - 2013). When I took the overdraft it came with credit life cover on in fro the value of R23. The day I have cancelled it the employee who was helping me did not mentioned that I needed to close the credit life cover by calling a different department (Absa Life). Ever since I cancelled the overdraft at the branch, the amount of R23 have been debited from my account. I went to the branch few months ago to inquiry about this and they told me that its for the overdraft I had few years ago. I asked the consultant to cancelled it then. Even now it is still going out on my account. I went to the branch again inquiry and I was given a telephone number of Absa Life. When I called Absa Life today 13 November 2018. I was told by the tele consultant that I cannot get the money they have been debiting my account with since the credit life cover has been converted into Life cover. I did not know any of these until now. I was refered to go back to the branch that I closed the overdraft product with as they can be able to help me. I will go to the branch to get more help there I guess.
Financial companies are *********ly milking their customers with such products and redtape involved when they have to cancel.
Dear Customer
Thank you for bringing this matter to our attention. We will investigate the matter and furnish feedback shortly.
Kind regards
Vanessa Crowe
Group Customer Care
Absa Bank Ltd
Dear Customer
Thank you for bringing this matter to our attention. We will investigate the matter and furnish feedback shortly.
Kind regards
Vanessa Crowe
Group Customer Care
Absa Bank Ltd
