View Single Post
Old 23-01-2019, 05:49 AM   #4614
JuniorLion
Supremacy Member
 
Join Date: May 2017
Posts: 7,070
Newbie question but why do they advertise the bonus interest as 1.2% pa when it's actually closer to 0.65%? Calculation: imgur.com/hqgiAiW
Bonus interest is by counter. 1 counter = 0.1%, and you can accumulate up to 12 counters, hence 1.2%.

If you're referring to base interest, it's 0.7 x 1 month SIBOR.
JuniorLion is online now   Reply With Quote