Bank charges!

Smitho3

Smitho3

Smitho3

Soldato
Joined
18 Oct 2002
Posts
2,847
Location
Cardiff
I was just checking my balance and noticed that Abbey have gone and charged me £110 for going into an unorthorised overdraught! I went £38 over on the 26th of october and got paid the next blumin day! how stupid is that?

Im gonna give em a ring tommorow and try to get these stupid charges back. I dont mind paying them interest for the one day i was overdrawn @ the going overdraught rate and maybe a small admin charge but £110?!. This couldnt have come at a worse time with xmas looming. what you guys recon the chances of them crediting these back seeing as im normally very good with my money?

/Rantage over
 
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Smitho3 said:
I was just checking my balance and noticed that Abbey have gone and charged me £110 for going into an unorthorised overdraught! I went £38 over on the 26th of october and got paid the next blumin day! how stupid is that?

Im gonna give em a ring tommorow and try to get these stupid charges back. I dont mind paying them interest for the one day i was overdrawn @ the going overdraught rate and maybe a small admin charge but £110. This couldnt have come at a worse time with xmas looming. what you guys recon the chances of them crediting these back seeing as im normally very good with my money?

/Rantage over
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Ask them politely to begin with, if they refuse, drag them through the small claims court.

http://www.consumeractiongroup.co.uk/forum/
 
banks make more money out of these charges than anything else.

as long as it rips of those who can't afford it no-one cares.
 
Yeah i know all about the small claims court, it is my first set of charges and to be honest will be my last. I take home £1150 a month. I never normaly go under £400 in the bank but went on holiday the month before so had a few debts (mums back dated rent and silly mobile bill of £200 :O) to pay off so naturally spent more than normal.

I cant see why they would want to sting me the charges, esspecially considering that i asked them to give me an overdraught before i went on holiday for a couple of months just incase this would happen. Unfortunately i had only been banking with them for 8 months so they said no (which baffled me because they gave me a £300 one temporaraly for the account switch when i first got it...)

I will get on the blower tommorow and find out what the score is. Dont worry im not a telephone or keyboard warrior and know that the nicer you are to them the nicer they will be back ;)

/Edit OMGNOES!!!1111one to you too Mr fox, just because the T&C says its the law in they're eye's doesnt make this absolutely stupid and OTT charge a fair thing. Its not as if im a n00b going out buying everything i can and not caring about the consiquences now is it.
 
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to be honest that is a HUGE amount to pay. a small charge would be fine but that is crazy.

but i'd prefer the people who go overdrawn getting charged big amounts rather than those of us who stay above the line having to pay for our accounts as it seems we are soon going to have to.

daven
 
[TW]Fox said:
You mean your bank unlawfully charged you under the unlawful terms of your account for breaching your agreed unlawful terms and unlawful conditions?

OMGNOS!111
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Editted to make it a bit more realisistic.
 
Yer - sue them!!!
Take them to the cleaners!!!
You knew the terms & conditions of your bank account when you signed all the paperwork when you opened the account - because I mean nobody would actually sign a legal document without reading it first right?
You're in breach of your T&C's - but that still doesn't give the banks any kind of right to charge you.

On a totally related (unrelated) subject - I see one of the major banks has already started charging a monthly fee to use their banking services with many more banks expected to follow suit over the next twelve months until free banking is a thing of the past...
...Hummm - I wonder who we can blame for that...
...surely not all the people who cannot control their own money and kept on breaching the T&C's of their bank account and then getting all upset...surely not.
 
Cuchulain said:
What kind of moron wouldn't claim back illegal penalty charges?
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Call me a moron again....
Funnily enough no, I wouldn't attempt to claim back any kind of fine I might get from my own fault & actions.
You know, like breaking terms & conditions set out in a contract I'd signed.
 
stoofa said:
Yer - sue them!!!
Take them to the cleaners!!!
You knew the terms & conditions of your bank account when you signed all the paperwork when you opened the account - because I mean nobody would actually sign a legal document without reading it first right?
You're in breach of your T&C's - but that still doesn't give the banks any kind of right to charge you.

On a totally related (unrelated) subject - I see one of the major banks has already started charging a monthly fee to use their banking services with many more banks expected to follow suit over the next twelve months until free banking is a thing of the past...
...Hummm - I wonder who we can blame for that...
...surely not all the people who cannot control their own money and kept on breaching the T&C's of their bank account and then getting all upset...surely not.
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Mmmm well giving my bank a call because they are being silly is slightly different to "taking them to the cleaners". I and many other people know these charges exist. But that still doesnt make them right. As i have already stated I am not one to loose control of my finances like so many others, I know my spending limits and under normal circumstances adhere to them.

As for your final point though i think your talking through your sphincter! A few hundred thousand pounds of payouts is hardly going to dent the banks already collosal profit margins now is it? They are just looking for more ways to be greedy! At the end of the day the charges they impliment are illegal, people have started to realise this and have fought back.
 
stoofa said:
Call me a moron again....
Funnily enough no, I wouldn't attempt to claim back any kind of fine I might get from my own fault & actions.
You know, like breaking terms & conditions set out in a contract I'd signed.
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Your saying that if you went over your agreed limit by 1 penny and got charged £20 for breeching the limit and a further £30 for an unauthorised payment you wouldnt complain? Rubbish!
 
Smitho3 said:
Your saying that if you went over your agreed limit by 1 penny and got charged £20 for breeching the limit and a further £30 for an unauthorised payment you wouldnt complain? Rubbish!
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Happened to me. I didn't complain. My own stupid fault.

The law aside, people did sign terms & conditions, and therefore can in no way claim that they didn't know that the bank were going to charge fees. If we both agree that I will shoot you if you say sheep, you can in no way claim that you didn't know that I was going to shoot you when you said sheep.

Sure, it's not legal, but can people stop being surprised by it. You agreed to it, so you're aware of it.
 
I wouldnt have been suprised and may have let it slide if i was charged a sensible amount such as £20 for going over my limit, but charging me an aditional £30 for each Direct Debit/ Debit Card payment i made after is stupid. i simply wont stand for it.

I can see both sides of the argument here and in a way agree with both of them but unfortunately i dont have £110 to spare at this time of year so i say **** 'em i want my money back and thats that. Its not as if the bank owner isnt going to be able to afford to buy his wife a christmas present this year now is it? If i dont get that money back my misses may well have to go without.
 
Would you have prefered it if your card was declined at the atm/store that pushed you over your limit?
 
Smitho3 said:
Your saying that if you went over your agreed limit by 1 penny and got charged £20 for breeching the limit and a further £30 for an unauthorised payment you wouldnt complain? Rubbish!
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Stop me if I am wrong but I do believe the original poster was overdrawn by £38, which is a *tad* different to a penny.

If you disagree with the terms and conditions and charges, then find a bank that offers a product which suits your needs - one with an arranged overdraft, perhaps.
 
[TW]Fox said:
Stop me if I am wrong but I do believe the original poster was overdrawn by £38, which is a *tad* different to a penny.

If you disagree with the terms and conditions and charges, then find a bank that offers a product which suits your needs - one with an arranged overdraft, perhaps.
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It's not a massive amount though is it?

You can take this through small claims court and get your money back. There's been a couple of cases here in Cornwall of this happening. There's also a lawyer that'll fight this for free but i'm afraid the name has escaped me. He's won every case so far etc.. Bascially you'll get it back if you want to go through the hassle!
 
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