Which is better Tracker Variable or Standard Variable?

[youngc]

Went to AIB this morning looking for 270K Mortgage, went through our business and about to finish, with standard variable of 3.3%. Just asked if a Tracker Mortgage was an option to which she replyed: Oh I hadn’t thought of that! Then offered 3.1% Tracker Variable! Whats the story?

 

[Dearg Doom]

They 'forgot' to offer you an option that would save you money and therefore mean less profit for them (and probably lower commission for the sales rep). This is why you shouldn't expect impartial financial advice from a tied financial products salesperson (doesn't just apply to financial products).