1 reviews | Active since Mar 2009
Interest on 60 day notice deposit (v2.0)
On 12 January 2024, I complained on this platform about a seemingly ridiculous arrangement by discovery bank (sic!) related to notice deposits with interest earned being stuck in the account for eternity. On 17 January, Tsholofelo from discovery bank assured me on this platform that interest won't be stuck, but will be paid out with the initial capital. Guess what? Just like the promises of politicians the assurance that the interest on my 60 day notice deposit will pay out with the capital, did NOT materialise. In future, I will not boost discovery bank's number of accounts (way more than the number of clients) with a notice deposit. This money is going to a bank that knows what they are doing. In the mean time, I am waiting for my interest to be paid ...
