Banks in Europe starting to lower interest rates because of the ECB's recent rate decisions.
Get ready.
Discussion
Tick tock next brrrr or something like that
N26 informing customers today:
The interest rates for our N26 call deposit account will be changing soon.
From October 1, 2024, your interest rate will change to 3% p.a. Until then, you'll continue to receive 4% p.a. on your savings account.
Why is this happening?
The European Central Bank regularly adjusts interest rates to keep the economy in balance. As a German bank, the interest rates we offer can be affected by these adjustments.
This also means that your interest rate may change in the future - but we will always let you know in advance.
I'M READY
Get ready for what?
Exactly what I wanted to see!
time to fire up the printers?!
