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AA Savings... more BOI incompetence

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clivep
clivep Posts: 627 Forumite
Part of the Furniture 500 Posts Name Dropper
edited 12 June 2020 at 1:13PM in Savings & investments
Just received this -

"Whilst you've been saving with us, your account has been earning an introductory bonus of 1.27% gross fixed. This bonus comes to an end on 26/06/2020 and from this date your interest rate of 1.47% gross*/AER** variable will reduce to our standard rate of 0.20% gross*/AER** variable".

You'd have thought that the department sending out these emails should be aware their underlying rate reduced from 0.20% to 0.01% on 17th April!

Comments

  • 🤦‍♂️ Doh!

    I see that they now offer a bonus of 0.44%, to raise it to an (un)impressive 0.45% AER variable.

    Don't think I shall be returning there any time soon.
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