MF
Mandla F

1 reviews | Active since Sept 2013

02 Jan 2019, 10:48

FNB is charging me extra in interest rates, [this is ****************].

Up until today (after months) the below issue has not been resolved. --------- FNB is charging me extra in interest rates, [this is ****************]. Extremely disgruntled, I have a bond with FNB and my original interest rate offer was 10.91% I was then given a discount of 0.25% which should have reduced my interest to 10.66% this never happened I had to send them numerous email (never succeeded), subsequent to this, when I checked by statement I noticed that FNB was actually charging me 11.16% from 10.66% when I asked was told that the Reserve Bank increased the interest by 0.25% basis point, when I did the calculations they don't reconcile.

So FNB is charging me extra, this is ****************.

0
Replies (2)
MF
Mandla F's update02 Jan 2019, 12:25
Reviewer Update
The reference number is ********** NF.
FNB (First National Bank)
FNB (First National Bank)'s reply02 Jan 2019, 15:35
Official
Good Day Mr. ***ane,

Thank you for taking the time to bring this to our attention. We would like to apologize for any inconvenience caused.

A formal complaint has been logged on your behalf and referred to our Housing Finance department with *** who will investigate and provide you with feedback.

Kind Regards,

Firdoze Khan

Hello Peter Complaints Team

*** (option one)