NS
Naumi S

1 reviews | Active since Oct 2023

03 Oct 2023, 22:18

Extremely Disappointed with Old Mutual's Poor Service

I am writing to express my extreme disappointment and frustration with Old Mutual's abysmal service. I have been a loyal customer for years, and the recent incident involving my Money Saving Account has left me questioning my decision to bank with your institution.

I transferred R42 000, 00 from my Standard Bank account to my Old Mutual Money Saving Account on September 30, 2023. On October 1, 2023, I attempted to use my Old Mutual card for a transaction, and to my shock, it was declined.

I went to an ATM to withdraw cash, thinking it might be a technical glitch, but my card was declined. I visited the Old Mutual offices on Monday, October 2, 2023, seeking answers and a resolution to the issue at hand. Your employees requested proof of payment for the transaction, which I promptly provided.

Having waited for what seemed like an eternity, I was informed that there was nothing they could do and that I should wait for your Head Office to call. It is the complete lack of transparency and communication that enrages me most about this whole situation. Nobody tried to explain why my account had been stopped, and I was never warned that my card would be declared unusable. As a businesswoman who relies on quick access to finances, these circumstances have put me in a bind. It's the end of the month, and I'm unable to pay my payments or buy stock for my firm.

This entire experience has been both financially and emotionally draining. I expected Old Mutual to provide dependable and efficient banking services, but I was extremely disappointed. It is crucial that Old Mutual swiftly correct this problem and unblock my account.

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Replies (1)
Old Mutual
Old Mutual's reply03 Oct 2023, 22:20
Official
Dear Naumi

We are sorry to her about the service experienced. We investigate and contact you directly to assist. 
Regards Thabiet MintinOld Mutual Complaints Management