Group Current Account Interest Rates ConsensusStarted by MikeRidgway on 17/06/2015
Recently on Facebook and Twitter it was announced Fidor had reached the first milestone of 2000 likes, so we move from 0.25% to 0.30%.... But when will this be implemented and will it be back dated? No further information has been given since the announcement? Would be nice to know...
rc60 on 25.09.2015 at 14:46
Arguably the most atttractive UK current account at present pays 3% on balances of a few thousand pounds in exchange for a modest monthly fee. As an online provider only, can't Fidor aspire to beat this?
mk on 17.09.2015 at 13:56
As an open, transparent and integrative bank, we want to discuss all kinds of financial topics with our community members and integrate them into our decision-making process.
We have decided to create this group to discuss our interest rates offering on Current Account balance with you to achieve a broad consensus together. We ask you kindly to make constructive suggestions that reflect the position of all parties as interest rates are important for you, other customers and the bank. Indeed, to achieve a balanced and sustainable relationship, please consider in your suggestions that Fidor also has to make a profit to ensure that we can grow our open and transparent banking services to more people in more countries.
We are very much looking forward to your contribution and insightful discussions.
Matthias Kröner, CEO of Fidor Bank