NH
Niresh H

1 reviews | Active since Jan 2022

19 Jan 2022, 16:32

No interest received and incorrect fees charged on MyWorld account

The African Bank MyWorld account is being marketed as a zero/low fee account with good interest rates, but it is not true. I have recently monitored my account and discovered that I am being charged for sms notifications when I have explicitly not selected this option when I opened the account. In addition, they have also stopped giving me interest since Sept 2021 without any reason.

I logged a query with their customer service and they are unfortunately utterly useless. They don't reply to emails and if you call them they basically log a ticket which automatically gets closed the next day.

Getting charged incorrect fees and not getting interest on positive balances is a serious issue, but the MyWorld support desk simply give a damn and have no interest in helping the customer.

I logged my query 2 weeks back and I was told today I must wait another 7 days for an answer, but they can't tell me how they will give me feedback. I guess I must just hope and pray for someone to help???

I suggest their MyWorld division seek assistance and guidance from their Investment Division who have always given me stunning support, and they at least respond to emails.

I am at a point where I will be closing down the Myworld account as it has been falsely advertised and the service I have received is pathetic.

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Replies (2)
NH
Niresh H's update02 Feb 2022, 07:33
Reviewer Update
Good day. Another month has gone by and I have still not received any interest on my MyWorld account. The incorrect notification fees has also not been resolved.

Yesterday I received an SMS indicating that my query has been resolved, but it has not.

Please can you give me a status update on my 2 issues please, and please can you get a senior product owner/senior manager to call me.
NH
Niresh H's update02 Feb 2022, 18:30
Reviewer Update
African Bank (MyWorld Division) - why do you always reply Privately, and not Publicly so that everyone can see your response? I'm sure it's because you copy and paste the exact same response which is:

"We've escalated your concern to our internal complaints department for the attention it deserves".

I get the same response all the time and absolutely nothing is done to resolve these major issues.

PLEASE actively investigate this and I want somebody senior in the MyWorld business division to call me to address this.