A great start
If you are looking for a simple bank account to manage your money easily – then the ibq current account is for you.
With no hidden costs and a range of benefits, you can stay in touch with your account through ibqOnline and our 24 hour Call Centre.
Features & Benefits:
Features & Benefits:
- A debit card which allows you to withdraw cash and make payments
- A cheque book
- Free online fraud protection with ibq Card Secure
- SMS notification with every transaction
- 24 hour service through our Call Centre
- Internet banking service with ibqOnline
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.