VW
Vaughan W

1 reviews | Active since May 2009

13 Sept 2022, 12:45

Goodbye ABSA, you don't care about clients anymore

I have 4 bonds with ABSA for my home loan. The highest bond has a 9% interest rate while the others nearer 8%.

We asked ABSA if we can consolidate all the bonds into one and then would like to take an extension to do some renovations/solar.

ABSA came back to me with an offer of 11.25% just on the consolidation!!! Laura-Lynn from Home Loans says that ABSA are not willing to negotiate the amount at all. So in other words we're better offer not consolidating? Just keep our current fixed interests rates? Pathetic.

Your service has declined SO much over the past few years. I don't have a private banker anymore cuz ABSA decided to make a call centre (which is ABSOLUTELY pathetic and useless) to replace valued customer interaction.

To top it off, your insurance claim rules also suck W.R.T sewage pipes.

So now I'm just going to move to Nedbank where they seem to actually care about customers. I guess there's no economic pressures or pandemic after-effects on ABSA. You're willing to write-off a 20+ year customer? Goodbye.

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Replies (5)
VW
Vaughan W's update13 Sept 2022, 13:15
Reviewer Update
And the irony is your internet banking systems are down right now at 13:00 during peak hours! What a joke.
Absa
Absa's reply13 Sept 2022, 14:31
Official
Dear Vaughan Webber Thank you for bringing this unfortunate matter/incident to my attention and please accept my sincere apology. I will review and provide you with my specific contact details as well as the expected timeframe for further feedback/resolution via email or by making contact with you telephonically.   The reference number for your complaint is C-***7. Kind regards,Group Customer CareRezona Louw
VW
Vaughan W's update29 Nov 2022, 12:03
Reviewer Update
An update on this. To this day I was still rejected. Even though with the consolidation + extension my repayments would have been exactly the same.

Your logic is nonsensical and customer service is non existent.

I will be leaving ABSA as soon as I'm able to. You don't care about your clients anymore.
Absa
Absa's reply29 Nov 2022, 13:29
Official
Dear Vaughan Webber Thank you for your posting.

Please refer to our email sent to your personal email address. Kind regards,Group Customer CareRezona Louw
Absa
Absa's reply06 Jan 2025, 11:25
Official
Dear Vaughan Webber Thank you for your posting.

Please refer to our email sent to your personal email address. Kind regards,Group Customer CareRezona Louw