CP
Chantal P

1 reviews | Active since Feb 2018

07 Feb 2018, 09:53

Interest Rates and Hidden Fees

Account was paid every single month on time since 2011.01.17 (account opened) and every single month I'm being charged Arrear Interest plus Service Fee plus VAT on Service Fee plus Insurance. Over a year ago I phoned in told them I'm destroying my credit card and I want them to stop all billing and allow me to pay off the balance. Received a detailed statement now with them still charging Service Fee Plus another entry of VAT on service fee Plus Insurance. I have been paying this account off since 2011 and still owe R31 000!!! I demand to see a breakdown on what all these Service Fees are for as well as the Insurance (as card was destroyed). This Bank / Financial institute are charging interest as they feel and percentages that are not disclosed

0
Replies (2)
African Bank
African Bank's reply07 Feb 2018, 16:12
Official

Thanks for speaking up and calling us out. We'd like to call you and listen to your concern in detail, but we can't get hold of you. Please give us a call on ***so that we can get to the bottom of this.

We hope to talk to you soon.

Your African Bank Support Specialist team

African Bank
African Bank's reply14 Feb 2018, 12:13
Official

Hi Chantal,

Thanks for giving us a chance to make things right. We've sent you our reply and we're happy that we can move on from this matter together.

If you need anything else, we're only a phone call away.

Your African Bank Support Specialist team

***