free banking, overdrafts etc... finished?
Discussion
I've had a fall-out with my bank for changing my T&C so that any usage of overdraft is chargeable at £1 a day. This should not really be an issue as this is my household bills account with the same amount going in and out every month. The only issue is timings of payments etc, and with bank holidays sometimes it can go into overdraft for a day or so and it really pisses me off that it costs me money because of the banks. Am I on an un-winnable crusade? Do they all do this now in light of all the s
t over bank charges... like a nice little "fk you" to the public, their customers?
t over bank charges... like a nice little "fk you" to the public, their customers?all i want is a free buffer of a few hundred quid to cover off cutover from one month to the next... it never stays in the red for more than a day or two, it all depends on the timings! Maybe I'm not the custom they want... they either want people to have no overdraft facility at all, or sit in the red and accrue more and more charges and interest, then do an IVA and they get part of a lot of money.
A decent sum gets paid in there every month, and gradually disappears over the period to the next pay day. Banks are meant to make their money from taking the money in the meantime and investing it. Not by charging me extra fees. I don't want a fking payday loan, I just don't want to check a few hundred quid in there and have it tied up as a buffer because they are in a huff with consumers.
king payday loan, I just don't want to check a few hundred quid in there and have it tied up as a buffer because they are in a huff with consumers. OK I now appreciate there is no such thing as free banking. I didn't want to put a couple of hundred quid in there just to prevent the odd sneak into overdraft, but it looks like I will have to do it. However to everyone who has chipped in their two pence into this thread assuming i can't even cover my own costs - fk OFF. This is about timings of payments, and me not wanting to fund the bloody account with several hundred quid just to avoid fees. I am NOT a payday loan scummer, and I have more than enough money every month, I just don't like putting it somewhere where I can never use it, but the banks can make money from it time and time again. You just read half of it and jumped to conclusions, you condescending sts.
k OFF. This is about timings of payments, and me not wanting to fund the bloody account with several hundred quid just to avoid fees. I am NOT a payday loan scummer, and I have more than enough money every month, I just don't like putting it somewhere where I can never use it, but the banks can make money from it time and time again. You just read half of it and jumped to conclusions, you condescending sts. Gassing Station | Finance | Top of Page | What's New | My Stuff