JM
Jeanne M

1 reviews | Active since Dec 2009

01 Sept 2016, 12:10

Increases interest rate by 5% with no explanation

<p>I have logged a call on 24/08/2016 as my interest rate increased drastically for no reason or explanation. I received and sms to say it will be resolved on 24/08 and subsequently have phoned about several times for status updates to recitfy this. Surely it is not legal????? Every time I phone I am promised that i will be called by the next day latest................................................................................................................................. Still waiting!! UNACCEPTABLE - SHOULD I GO TO THE OMBUDSMAN TO GET THIS SORTED????????????????</p>

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Replies (3)
Standard Bank
Standard Bank's reply01 Sept 2016, 15:36
Official

Good day Jeanne

Thank you for your posting and allowing us an opportunity to investigate your complaint.

This matter will be allocated to a resolution specialist who will contact you to resolve your complaint.

Kind regards

Complaint Resolution Centre

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********** (fax)

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JM
Jeanne M's update11 Sept 2016, 10:50
Reviewer Update

I have received a call just after this was published and was promised yet again that I will be contacted with feedback by 9 Sept........... NOTHING!!!!!!!! Please advise where I send my formal complaint now as Once this is done I will refer to the ombudsman!!!!!!!! Also please advise what steps I need to take to close my account. I'm certain that I will not be treated like this at FNB and I hear their private banking is brilliant!!!!!!

Standard Bank
Standard Bank's reply12 Sept 2016, 09:24
Official

Dear Jeanne

Thank you once again for your posting.

I refer to my email correspondence and can confirm that the matter has been addressed.

Kind regards

Clint Petersen

Complaint Resolution Centre

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