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PTSB tracker at 4.25???

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  • 04-06-2012 6:14pm
    #1
    Closed Accounts Posts: 5,541 ✭✭✭


    I always thought that the tracker related to the ECB so my question is .....
    How come PTSB can charge 4.25 on a tracker when other trackers are at 2.25?


Comments

  • Registered Users Posts: 4,502 ✭✭✭chris85


    Depends what rate above the ECB you are at. Some contracts had ECB at +1.25 points so would be charged at 1.25% above the ECB rate. Others are higher. All trackers are linked to the ECB but some are higher rate above.


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