RBS revised business banking fees

RBS revised business banking fees

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malks222

Original Poster:

1,854 posts

139 months

Tuesday 26th July 2016
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dunno if anyone else is in the same boat, but got a letter through yesterday telling me that they are 'simplifying' the charges/fees on business bank accounts and will change in middle of September.

I've been with RBS for going on 4 years, had the first 2 with zero charges, then into year 3 they started charging £5/month for the business account. I'm lazy, couldn't be bothered to change, quite liked the app and it worked well, so stuck with it.

But now the new charges are coming to play it looks like I could be paying quite a bit in charges! I know due to interest rates a lot of banks will probably start going down this route.

Is anyone else unhappy about the changes and looking to move? if so, where do I go?!?!

malks222

Original Poster:

1,854 posts

139 months

Wednesday 27th July 2016
quotequote all
I agree that over time (unless interest rates start going up) that they will have to start charging for banking, and ever personal banking will start to get charged. but in the short term I'll look at options to minimise the costs.

I reckon I'll be charged less than £10 a month, but its still annoying.