ABN AMRO terminates staff discount on mortgages

Press release -

Mortgage advice

ABN AMRO will terminate its staff discount on new mortgages as from 2015. Employees who join the bank after 31 December 2014 will no longer receive a discount, but will pay the rate that the bank offers its regular customers. ABN AMRO has taken this decision in keeping with today’s environment and because the general public wants to limit staff discounts.

Current ABN AMRO employees with an ABN AMRO mortgage will continue to receive the staff discount during the term of their mortgage, if they renew the fixed-interest period or if they decide to carry over their mortgage to purchase a new home. A transitional scheme will apply in 2015 for employees who wish to take out a new mortgage.

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