Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Warka Interest Rates Have Dropped


Steelwire
 Share

Recommended Posts

I was just at Warka's site ..... haven't been there in a while now. I see that they dropped the interest rates for the savings accounts from 7% to now at a 5% rate. 

 

I'm sure I'm not the first to come across this .... just wondering how long or since when did they make this change?

 

Thanks for the help in advance. 

  • Upvote 1
Link to comment
Share on other sites

They dont appear to have dropped their lending rates.

Certainly miss the higher interest rates on savings accounts.

Interestingly the 3 month rate is lower than the floating rate. 

 

 

Credit and Loan Facilities

  1. 25% annually short loans in IQD currency   (3 months)
  2. 25% annually on debited IQD checking accounts     (overdraft)
  3. 25% annually on debited IQD checking accounts  (overdraft)
  4. 25% annually short loans in USD currency   (3 months)

Interest Paid Annually on Savings Accounts

  1. IQD savings accounts     5% per year
  2. USD savings accounts   2% per year

 

Certificate of Deposits (IQD)

  1.  3 months CD     4%
  2.  6 months CD     5.5%
  3.  1 year CD           7%

Certificate of Deposits (USD)

  1. 6 months CD   0 %
  2. 1 year CD          0 %

I  think the new rates have been a recent initiative within the last 2 months 

Link to comment
Share on other sites

  • 2 weeks later...

HI JUST THOUGHT I WOULD UPDATE ON EMAIL TO Warka Bank I FINALLY GOT A RESPONSE FROM ONLINE CUSTOMER SERVICE THEY SENT ME MY NEW PASSWORD MY ACCOUNT HAS BEEN CREDITED WITH INTEREST AND BALANCE WAS CORRECT IT TOOK OVER 6 MONTHS  TO GET ACCESS     

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.