We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Metro Bank instant saving account displays the wrong rate?

MartaUK
Posts: 23 Forumite

Hello,
I've recently opened Metro Bank instant access saving account. The paperwork I received by email says it has a promotional rate of 5.22% AER/5.10% gross for a year, but in my app it displays only 5.10% AER, which is lower. Does anyone know if they pay the correct advertised rate of interest? I only opened it less than 2 weeks ago so I would expect the rate from the paperwork would still be the current rate, although the bank has since lowered its advertised rate for new customers.
0
Comments
-
There have been other posts about this - it's a mistake in the app that shows the gross rate as AER.1
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.5K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.5K Work, Benefits & Business
- 599.8K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards