Soldato
- Joined
- 14 Feb 2004
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- 14,315
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- Peoples Republic of Histonia, Cambridge
If it's not "yours", they shouldn't give it to you.You should be more careful with money that isnt yours.
£25 bank charge for 33p over limit
- Thread starter Jon12345
- Start date
Thats what i was thinking, surely its just an extension to the overdraft, making it a little pointless as you could just extend anyway? If its interest free then you may as well drop the current level to virtually nothing and then use this free extension.
Soldato
- Joined
- 28 Nov 2008
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- 8,725
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- UK
If you aren't capable of not going over your limit, get a cash card. Like the one from O2. They are free, and you can't go over your limit.
Do you realise that it is not possible for Visa, Mastercard or Maestro systems to perform balance checking on transactions, unless the terminal you are using happens to be supplied and administrated by the bank that supplied your card (and even then, it is not always the case)?
The only systems which support balance checking across all banks are systems like Visa Electron, (some) Solo, etc.
God FORBID PEOPLE TAKING RESPONSIBILITY FOR THEIR OWN SPENDING AND ACTIONS!
It really annoys me when people spend 50% of their time WHINING about "nannyism" and the "nanny state", but then spend the other 50% complaining how they are not protected from their own god damn stupidity.
Look, you've got me all worked up now.
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You're a financial failure.
It's borrowed money. It is not yours.
Look after your finances.
Blimey.
no kidding!No need to get all worked up mate, its these people who subsidise our free banking
Associate
- Joined
- 21 Oct 2008
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- 1,340
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- Jarrow
It is if you go £2500 into your OD but if you are 300quid its very bad
Might have to add the interest on to this mind
Soldato
- Joined
- 28 Nov 2008
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- 8,725
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- UK
That is true. It is just a major flaw in my personality coming through here - almost zero tolerance for stupidity.No need to get all worked up mate, its these people who subsidise our free banking
I'm the same, but in this case the banks milk them damn hard for it. So i mind to a much lesser extent
Sadly I think those days are coming to an end, because of those same people complaining about it
See that does wind me up. People break the terms and conditions and then have the audacity to complain about it. There is becoming less and less reason to actually be sensible these days
The problem is tho the banks make it WORSE for people.
Say i had £30 in the bank for my phone bill, but i didnt notice i sent a picture msg (50p) so my phone contract DD comes out my account..
OOOOPPPPSSS not anough money, so my phonebill is left UNPAID and ontop of that tha bank sends out a £25 letter to tell me this. I then get a letter from phone contract tell me i owe them £30.50.
Now this has not happend to me, but how tight my money is it could one day. So why dont the banks send you a warning so you can out the last 50p in and pay your bill? instead of putting you into £25.50 dept? Instead of the 50p you would have been?
This is why the banks are in court, and i hope it does come back that they have to pay the money back to people, and i don't mind paying the bank a monthly fee and to stop free banking all togeather, hell it might even improve then
Say i had £30 in the bank for my phone bill, but i didnt notice i sent a picture msg (50p) so my phone contract DD comes out my account..
OOOOPPPPSSS not anough money, so my phonebill is left UNPAID and ontop of that tha bank sends out a £25 letter to tell me this. I then get a letter from phone contract tell me i owe them £30.50.
Now this has not happend to me, but how tight my money is it could one day. So why dont the banks send you a warning so you can out the last 50p in and pay your bill? instead of putting you into £25.50 dept? Instead of the 50p you would have been?
This is why the banks are in court, and i hope it does come back that they have to pay the money back to people, and i don't mind paying the bank a monthly fee and to stop free banking all togeather, hell it might even improve then
See that does wind me up. People break the terms and conditions and then have the audacity to complain about it. There is becoming less and less reason to actually be sensible these days
I do think there are often inadequate consequences for failing to play by the rules. When you hear of people being convicted of benefit fraud to the tune of tens of thousands, not being jailed, and being allowed to repay it at 50p a week, there is something very wrong somewhere.
I digress...
So on one hand you're saying that 50p could send you over the edge in a month and on the other hand you're saying you'd gladly pay for your bank account? Why don't you save the £10 a month or whatever instead and then you wouldn't have to worry about the 50p?
Surely the genuinely poor will be worse off if banks start charging for accounts.
The banks are in court because people are unwilling to take responsibility for their own finances, instead expecting their bank to do it for them.
The poor that know how to handle their money will be worse off. Those that don't will be better off.