4 ms·

Oh my! I’ve often seen rates given by banks with at least one extra digit and wondered why. It never occurred to me it was a marketing ploy.

• danpalmer 5y ago
  I suspect this may be more attributable to ignorance/error than to malice/marketing, but it's still not great that no one spotted it.
• jawilson2 5y ago
  In finance we use basis points, or bps, which is %/100. This isn't unusual.