Corporate speak.....the Bank that wants you to leave!

[MPOWER]

OK I'll post this slowly.

thanks - i get it now.

Cool

Your funny

regards

M

[Jon MW]

unbelievable.  If I banked with them I'd take my £1.5k+ a month and deposit it elsewhere out of principle!

 >:?

If you did everthing out of "principle" in life you'd go mad.   


Regards

M   

not quite sure what to make of that comment! 

OK I'll post this slowly.

If you have been a customer of theres for years and everything was fine, would you honestly
move banks out of principle. think of the Hassle etc.

Regards

M

P.S      

4000 Posts

Exactly - the answer should be yes you would move, if everybody did this the banks might actually start considering customer service instead of profit.

I think people who sail close to the wind with there finances, are unfortunatly on lower pay ( Or Poker Players LOL) and the charges do seem high for the offence i.e £25 O/D and get a £30 bank charge. I think alot of people think this is bad customer service but it's all in there T&C's . As for Profit.There a Business thats what Banks do.

Regards

M
 

Yes, it is bad customer service, this is why the OFT instructed the banks and credit card companies to reduce their penalty payments as they were making excessive profits from them. The penalty payment is meant to represent the cost to the bank, but was being used as a revenue stream - that's bad customer service.

[thetank]

Also illegal

www.bankcharges.info

[MPOWER]

Looks like the Banks are having a rough time of it.   

Regards

M

[Jon MW]

Looks like the Banks are having a rough time of it.   

Regards

M

They deserve it

 

[thetank]

My commieometer is oscillating heavily when pointed at this thread.

[Huaboy]

Holy, Sh*te

do banks really charge 65 quid for going overdrawn>>>>>??

get on down to the nationwide....

[AndrewT]

From the HSBC (who own First Direct) company report.

Total profit for Jan-Sep 2006 = $4.5 billion

No wonder they're tightening their reins - who can get by on accumulating profits of $195 a second?

[NoflopsHomer]

My commieometer is oscillating heavily when pointed at this thread.

Those damn pinkos...

[roverthtaeh]

Without us, the customers, banks wouldn't have a business.
If this charge is levied on me, I will move my money immediately, hassle or no hassle.
£10 per month equals £120 per annum, would you spend £120 on absolutely nothing?

[MPOWER]

Without Banks it would be a disaster

You win Euro Lotto £125M. keep the cash under the bed?
Where do you get a Mortgage/Car Loan etc
Mugged every Friday when you get paid cash.

A lot of current accounts charge a Monthly fee.
it's just paying for a service.

Regards

M

[TightEnd]

Regards?

M?

[MPOWER]

Regards?

M?

Phone went

Sorry

LOL

Regards

M

[TightEnd]

thank you

the natural order of blonde went out of kilter for a bit there

[roverthtaeh]

Without Banks it would be a disaster

You win Euro Lotto £125M. keep the cash under the bed?
Where do you get a Mortgage/Car Loan etc
Mugged every Friday when you get paid cash.

A lot of current accounts charge a Monthly fee.
it's just paying for a service.

Regards

M

We ALREADY pay for the service.
We all know why First Direct are introducing this extra levy, to weed out the customers who don't deposit regularly and are therefore of little use to the bank financially. Make no mistake, other banks will follow suit.
Customers should fight back, not pander to every whim of big businesses. £10 now, how much next year? And the year after?
I work damned hard to earn a living and I refuse to cower down to these bigots. There is always an alternative and a little hassle is worth it to save £120 a year.