Corporate bastards can go to Hell with their offers!

That venerable institution of Irish banking,Irish Nationwide, have just issued the following press release. It is worth reading and then remembering the corporate bastards that released it and to which it refers.

"Irish Nationwide Building Society has launched a unique Instant Access Deposit Account for savers which can be opened with just €1.
The Instant Access Deposit Account allows savers to open an account with as little as €1, earning a variable rate of 3.75% on savings up to €20,000. They can save as much as they wish whenever they wish with the new Irish Nationwide product. In addition savings can be instantly accessed and there is no limit to the amount which can be withdrawn. The standard variable rate of 2.50% is payable on amounts in excess of €20,000.

“We understand that people’s daily needs and lifestyle can vary when it comes to their savings so we wanted to offer a product that is truly tailored to what they are looking for. With current market uncertainty and the ECB rate at a record low, we know that savers are eager to earn a competitive interest rate while also having immediate access to their funds,” Irish Nationwide’s Savings Product Manager said at the launch of the Instant Access Deposit Account.

“No other Demand Deposit account offers such a high rate on savings up to €20,000. Our nearest competitor only offers the rate up to €10,000. Historically Irish Nationwide Building Society has been dedicated to providing outstanding value to savers by consistently offering market leading interest rates and we are continuing that with this exciting new product”.

The Instant Access Deposit Account interest rate comprises of a variable bonus rate of 1.25% plus the standard variable rate of 2.50%, payable on balances up to €20,000. The bonus rate of 1.25% is available until 31 December 2010. The standard variable rate of 2.50% applies to any amounts over €20,000. Interest is calculated on a daily basis and paid annually on the 31st December."

Did you ever read such bullshit in your life? Irish Nationwide dedicated to savers? Understands people's daily needs? Wanted to offer a product to suit the customer?
Ha! Ha! That by the way is a laugh of derision! Not of pleasure or amusement.
This is the same Irish Nationwide who hold the record for the number of repossessions of hard pressed homeowners.
This the Irish Nationwide who imposes savage interest penalties on those in arrears - as bad as moneylender rates.
This is the same Irish Nationwide which is supposed to be a mutual society owned by its members but in effect was ran for his own benefit by the corporate tyrant, Michael Fingleton, until he was forced to quit in disgrace recently and is now being investigated by the Garda Fraud Squad.
The same Irish Nationwide who agreed to pay the buffoon "Fingers" a €28 million pension plus a €1 million lump sum to walk away, which he now refuses to give back.

Now they produce this bullshit, making themselves out to be angels of generosity to the public about which they care so much.
The bastards need your money now because they can't get it from anywhere else.Thats the only reason for the higher interest rates!
I say; tell them to to hell on horseback and give the "Fingers" institution of greed what they deserve - two fingers!
Keep your money under the bed rather than give it to such a financial brothel!