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Gatehousebank
Krakkkers
Posts: 1,330 Forumite
Since its not interest but expected profit what are the guarantees on this? i have not seen this discussed.
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Comments
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there is no guarantee, its 'expected' profit interest, see their t&c, they will give ample notice if they reduce the rate, allowing you to close the account without any penalty..
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It has been discussed endlessly, particularly over the last few months. Try the Search function
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You asked the same question several times before...one example here:Krakkkers said:Since its not interest but expected profit what are the guarantees on this? i have not seen this discussed.
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