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Mpho M

1 reviews | Active since Apr 2015

14 Apr 2015, 10:00

Savings Interest Rate

I opened a target savings account in January 2012. In January 2015 my interest rate had grown to 7.35% per annum due to the amount of money in the account, bonus rates, and the duration of the account.<br> On 8 or 9 April 2015 I discovered that my interest rate has been reduced to 4.6% per annum. I went to Absa Centurion Mall branch and they couldn't explain why this happened. Is there anyone at Absa who can explain to me why this happened?

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Replies (1)
Absa
Absa's reply14 Apr 2015, 12:55
Official
Hello AmJay,


Thank you for bringing this matter to our attention. We will investigate the matter and furnish feedback shortly.

Kind regards
Claudette Lewis
Group Customer Care
Absa Bank Ltd