AfricaComplaints.com » Business & Finance » Complaint / review: Standard Bank - Playing with words | #99987

Standard Bank
Playing with words

The following is very confusing.
1. The Promotional Offer
1.1. We are offering all our customers that open a fixed deposit account in their personal capacity a preferential fixed interest on fixed deposit accounts opened with us, as follows:
1.1.1. 5.6% fixed interest per month for a fixed investment period of 12 months and 5.75% interest at maturity;
1.1.2. 5.7% fixed interest per month for a fixed period of 18 months and 5.94% interest at maturity; and
1.1.3. 6% fixed interest per month for a fixed period of 24months and 6.36% interest at maturity; and
1.1.4. 6.2% fixed interest per month for a fixed period of 36 month and 6.8% interest at Maturity ("Offer").

The way i understand this is i will get rich quick.
Can someone please inform me correctly on this matter?
Wil i be getting R60.20 per month for 36 months with R1000 investment.

Date:

Company: Standard Bank

Country: South Africa   City: Head office

Category: Business & Finance

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