I don’t understand why advertise like-
“Enjoy up to 7%# interest p.a. on your Savings Account balance”.
And at the bottom of advertise in small font size:
‘#For balances above 1 lakh.’
There are two types on reactions on above advertise:
1)One who ignores ‘#’ and gets excited about the offer and opens the account with bank and later on feels cheated as half information was provided.
2)One who checks what that ‘#’ means. After reading the clause he may or may not open account but would not have full trust on that system.
I understand using foot notes for long explanation but using for such small and important details is misleading, especially when the platform is digital.