1 reviews | Active since Sept 2016

07 Mar 2017, 13:51

No loyalty towards loyal customers

<p>I have been with Nedbank for years and busy paying my second bond with Nedbank. I have heard that other banks allow negotiations on the interest rates to a certain degree. However, when I phoned Nedbank I was told that it is fixed and only linked to the Repo rate. Please explain, how can another bank offer someone a better rate after they lend a small amount more to such an extent that the monthly repayment is lower due to the lower interest rate and Nedbank will not even consider opening such a dsicussion.</p> <p>Maybe I should start skipping payments etc. to get Nedbanks attention. Seems like they are not loyal whilst the customers are loyal payers.</p> <p>This is poor poor service Nedbank.</p>

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Replies (2)
Nedbank
Nedbank's reply07 Mar 2017, 14:04
Official

Your concerns have been noted and a resolution manager will contact you to discuss the way forward.

Kind regards

Client Experience Team

's update09 Mar 2017, 13:25
Reviewer Update

Thanks to the lady from the Complaints Department who phoned me and tried her best to assist. Her service was great, however Nedbank and their policies, better luck next time....