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Marcus T&Cs

Change in December from "at least" two months notice of rate reductions to now "at least" 30 days notice. Prepartions for rate reductions?

Comments

  • soulsaver
    soulsaver Posts: 6,654 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Other comments in it suggest a new product...?

    "How much you can pay in:
    The most you can pay into your Online Savings Account ending 1234 is £250,000. We've updated the terms and conditions to explain that this limit only applies to this account. It won't apply to any other Marcus accounts you might hold with us, which will have their own pay in limits.

    When we'll tell you about changes to the account terms or your rate
    Where we give you at least two months' notice of changes to the terms and conditions at the moment, in the future, we'll give you at least 30 days' notice.

    We also currently give you at least two months' notice of any reductions to your interest rate. In the future, we'll tell you at least 14 days before we start paying interest at the new lower rate. "
  • Ed-1
    Ed-1 Posts: 3,961 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    talexuser wrote: »
    Change in December from "at least" two months notice of rate reductions to now "at least" 30 days notice. Prepartions for rate reductions?

    At least 14 days for rate reductions.
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