First National Bank
Rate reviews - a waste of time and effort!

My husband and I had taken a home loan with FNB approx 3.5 years ago. We were first time homeowners and they offered us the best interest rate at the time (although it was prime 1). We then closed our cheque and credit accounts with other banking institutions and opened them with FNB in the hopes it would help reduce the interest rate. To date we've applied for several rate reviews but have not yet been able to bring the rate down to even prime. We would just like to know what it takes to have the rate reduced when we know other first time home-owners with a significantly lower income who managed to get prime minus rates on their first application for a home loan. Also, we are quite far ahead in our payments and both of us have good credit histories. Please advise as it is a continous frustration not to be successful on our rate reviews. Thank you.

Company: First National Bank
Country: South Africa
City: Pretoria

  <     >