Adjustable Interest Rate

The term “adjustable interest rate” is used synonymously with the term “variable interest rate” and denotes an interest rate which can change across a loan or investment term.

Bank accounts typically have adjustable interest rates which change in keeping with the overall economic environment. Adjustable rate mortgages – which are known as variable mortgages in Switzerland – are one example of a debt product with an adjustable interest rate.

More on this topic:
Private account comparison
Savings account comparison