Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Changing from variable to fixed, TRS effected?

  • 05-10-2015 11:24am
    #1
    Registered Users, Registered Users 2 Posts: 11,475 ✭✭✭✭


    Does anyone know if changing from a variable rate to a fixed term will effect the TRS? I presume TRS will still be applied.

    I'm looking to avail of Ulster Banks new lower fixed rates.


Comments

  • Registered Users, Registered Users 2 Posts: 3,772 ✭✭✭jameshayes


    Na, I switched in August and my TRS was unaffected - the amount I received obviously declined because of the amount of interest I was paying decreased..


  • Closed Accounts Posts: 16,115 ✭✭✭✭Nervous Wreck


    TRS will still be applied but if you're paying less interest, you will get less TRS.


Advertisement