I do have a fixed rate loan apparently it means nothing to them. I should feel better that this change is across the board, 'for everybody, new and exsisting loans'(in case I felt left out, I suppose).
What was really amusing was how I was told this is an International Bank (???) and keeps up with the markets hence interest rates can go up and down. I don't seem to recall them going down when the US Dollar hit rock bottom!!!
Also regarding not informing me about the increase....'we have 1000's of customers we can't tell everybody!' I wish I could say they were saving the environment by not sending out letters but what's the excuse for not sending an email or text?
Anyway long story short, I'm moving banks and am very glad to, good riddance to old rubbish. I do wish I could meet the people who gave them all those awards for 'Excellence in banking' etc we must not be talking about the same Doha Bank.
Goodluck to all those who continue to bank with them.
Just an update....
I do have a fixed rate loan apparently it means nothing to them. I should feel better that this change is across the board, 'for everybody, new and exsisting loans'(in case I felt left out, I suppose).
What was really amusing was how I was told this is an International Bank (???) and keeps up with the markets hence interest rates can go up and down. I don't seem to recall them going down when the US Dollar hit rock bottom!!!
Also regarding not informing me about the increase....'we have 1000's of customers we can't tell everybody!' I wish I could say they were saving the environment by not sending out letters but what's the excuse for not sending an email or text?
Anyway long story short, I'm moving banks and am very glad to, good riddance to old rubbish. I do wish I could meet the people who gave them all those awards for 'Excellence in banking' etc we must not be talking about the same Doha Bank.
Goodluck to all those who continue to bank with them.