EBS QuickSwitch advertising - misleading?

ClubMan

Registered User
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49,217
The EBS QuickSwitch advert running on radio (at least) right now promises a €1K cash bonus and the opportunity to save money on your mortgage longer term. Given EBS's current and recent rates and the fact that they are generally not competitive with the cheapest rates on offer elsewhere surely the second claim is somewhat misleading advertising?

I can't be bothered reporting this to the ASAI or IFSRA due to disillusionment with their complaints processes based on past experience.
 
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