MM
Moipone M

1 reviews | Active since Aug 2017

17 Aug 2017, 14:54

Ridiculous home loan interest rate for a loyal customer!

Dear Standard bank,

I have been a loyal customer for more than 10 years and all my financial products (savings, Cheque- overdraft, credit card, personal loan, ucount) are with standard bank. My husband and I app**** for our first time buyer home loan through various banks. Fnb and standard-bank responded. Being a long-term standard-bank customer to my mind I thought having all these standard-bank products will enhance my chances of getting the most reasonable interest rate, part of their company`s customer retaining strategy.

I am highly disappointed as standard bank proposed 11.71% interest rate while FNB is at 10.95% with a chance to go even lower. After all the years I spent being a loyal customer it comes to nothing.

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Replies (2)
Standard Bank
Standard Bank's reply18 Aug 2017, 09:32
Official

Thank you for posting your comments.

Your matter was escalated accordingly. We will revert to you as soon as possible.

Kind regards

Zeenath Hassen

Complaint Resolution Centre

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Standard Bank
Standard Bank's reply24 Aug 2017, 09:07
Official

Thank you for allowing us the opportunity to look into your matter.

An email response has been sent to you today 24 August 2017.

We appreciate your support and loyalty.

Kind regards

Zeenath Hassen

Complaint Resolution Centre

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