EBS Variable Rate

guideanna

Registered User
Messages
93
Hi All,

Just got my letter from EBS about the .25% raise in rates which is fine, but i noticed my rate is .02% higher than the standard varibale rate.
Should be 4.68 but i'm on 4.7.
My parents are with EBS and their letter said 4.68 and also friends of mine with EBS on 4.68%. I know it's only .02% but still i'd rather it in my pocket than theirs.
EBS say i would have signed off on the rate but is there anything i can do to get them to put me on the standard rate?
The house is my residence not a rental.
 
ok so i just called them and they said i'm on a tiered variable rate which is based on the loan to value of the house. TBH i got the feeling the gil on the phone didn't know what she was on about.
Anyone any experience with this and know if i can get my loan put onto the std variable rate from it?
 
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