Today's the day...

[iv-tecman]

Personally I think the fairest way to do things is to dramatically reduce account charges, and introduce a monthy fee for all customers. Why anyone thinks it's their god given right to be able to bank for free is beyond me. You pay for your mobile, gas/electricity and other products and services you use, so why the heck does anyone think it's their right to enjoy free banking at the expense of the poorest people?

I don’t want to enjoy free banking at the expense of poor people, I want to enjoy free banking at the expense of ‘stupid’ or, put it another way, those who spend what they don’t have and think they can get away with it people.

I’ve already said that if you’re in debt due to circumstances beyond control then yes, the charges are high. I’m merely upset as it does mean eventually I will loose the enjoyment of free banking.

The ones that have been flippant with their finances have afforded me one less fee each month, so I’m just sore that eventually they’ll no longer do this for me.

As I said, it is a selfish act on my half, I do not wish to see those who are poor help me to keep my account healthy. My account is healthy as I’ve built up three months salary as a buffer, and have savings. Something I didn’t have when I first started working, but then I also never went overdrawn so badly, that I ended up with charge after charge being levied on my account.

You live within your means, some do some don’t, and the ones that don’t well, you help give free banking to those that do…

It’s the ones that are thrust into debt due to redundancy, or illness that I do feel sorry for. That’s something that is just beyond control, and sometimes these so called protection packages don’t do all they should to help avert this. Those who however spend without regard to how well their finances are, well you get.

I’m going to be pointed out as a bad guy for saying this, but if you got charged for being reckless with your account, then tough. Sorry, but that’s how I feel.

If however you got stung due to change in life, then I am sorry, at least now you might get some of it back….

 

[Stinky]

I think the 4th one could be pretty interesting to some of the people who have posted in this thread so far.

thats one of the reasons that i upgraded

 

[SiHH]

£12 a month

but considering the AA membership is about £90 a year anyway

I might take a look into that actually... I have an annual travel insurance policy thats about to expire and dont currently have AA membership.

Looks good... thanks for sharing that.

 

[Stinky]

I don’t want to enjoy free banking at the expense of poor people, I want to enjoy free banking at the expense of ‘stupid’ or, put it another way, those who spend what they don’t have and think they can get away with it people.

well i would be classed as a stupid person lol

but i now pay for my account at £12 a month. which gives me a little extra. What i was saying earlyer in the thread was that i would prefer there to be a block on not being able to pass what you havent got.

if i have a £250 O/D i would want my card to be refused if i tried to spend over that. is that not a simple solution??

 

[Stinky]

I might take a look into that actually... I have an annual travel insurance policy thats about to expire and dont currently have AA membership.

Looks good... thanks for sharing that.

currently getting it on a special deal

im not sure on how much it is for new customers, but im happy to pay it for the OD , AA cover, phone insurance and travel insurance alone!!

 

[iv-tecman]

well i would be classed as a stupid person lol

but i now pay for my account at £12 a month. which gives me a little extra. What i was saying earlyer in the thread was that i would prefer there to be a block on not being able to pass what you havent got.

if i have a £250 O/D i would want my card to be refused if i tried to spend over that. is that not a simple solution??

That would be the simple solution, however banks are saying the systems aren’t always real time, and if a DD instruction goes out at around the same time as you buy something that takes you over your limit, then this is down to poor account management.

It’s a fine line. I’ve heard it though that banks allow the payment to actually get the charge, so is this right? But who is in the wrong firstly?

Difficult to argue.

 

[Energize]

currently getting it on a special deal

im not sure on how much it is for new customers, but im happy to pay it for the OD , AA cover, phone insurance and travel insurance alone!!

Those 3 items can be had for an £8 a month account.

 

[Stinky]

That would be the simple solution, however banks are saying the systems aren’t always real time, and if a DD instruction goes out at around the same time as you buy something that takes you over your limit, then this is down to poor account management.

It’s a fine line. I’ve heard it though that banks allow the payment to actually get the charge, so is this right? But who is in the wrong firstly?

Difficult to argue.

put the bank has a list of DD that are due to come out. so surely that could be implimented into the banking system to cut this down? i know if wont stop it completly as DD can change from month to month, but they konw its going to be a min of £(insert figure here)

 

[SiHH]

currently getting it on a special deal

im not sure on how much it is for new customers, but im happy to pay it for the OD , AA cover, phone insurance and travel insurance alone!!

Yeah sounds good. I'd be interested in exactly what cover you get for your money but as it stands it sounds like you have a very good deal !

 

[Stinky]

Those 3 items can be had for an £8 a month account.

The OD is important to me though

 

[Stinky]

Yeah sounds good. I'd be interested in exactly what cover you get for your money but as it stands it sounds like you have a very good deal !

http://www.lloydstsb.com/current_accounts/added_value_accounts/platinum_current_account.asp

thats the current account i have, but using the menu on the left you can get it cheaper with less thing.

have a quick read through, hopefully it might help you out

 

[SiHH]

http://www.lloydstsb.com/current_accounts/added_value_accounts/platinum_current_account.asp

thats the current account i have, but using the menu on the left you can get it cheaper with less thing.

have a quick read through, hopefully it might help you out

Nice one fella - cheers

 

[el_dazza]

Thought you didnt use Lloyds any more, Jon?

Can't wait to get away from them, nothing other than useless.

 

[Stinky]

Thought you didnt use Lloyds any more, Jon?

Can't wait to get away from them, nothing other than useless.

na i found them really good. i got shot of barclays they are shocking


i need money asap though, you been paid yet? lol

 

[RDM]

Thought you didnt use Lloyds any more, Jon?

Can't wait to get away from them, nothing other than useless.

I know in what way lloyds are useless. If I move banks I would have to learn a whole new way in which they were useless.

 

[el_dazza]

I know in what way lloyds are useless. If I move banks I would have to learn a whole new way in which they were useless.

Oh, erm..
Eh?

What?

 

[singist]

I really love it when all these "holier than thou" types just drop their trousers, bend over and say **** me again Bubba, you are omnipotent and I can't do anything about it!!

As has been pointed out earlier, market forces will apply; if one bank decides not to charge all the affluent angels for having an account when all the others do, see who gets the business.

Vote with your feet and you may be surprised.

It will be quite a while yet before anything is sorted; ..... from the BBC page: 'But Angela Knight, of the British Bankers' Association, said: "We need to take what the judge has said very carefully and not jump to conclusions. This is the start of a process." '

Don't hold your breath!

 

[RDM]

From my experience all banks are pretty useless in one way or another. Having been with Lloyds for a while now I know in what way they normally mess up and what tends to go wrong. If I move to a new bank then I would have to learn how they normally mess up and how they normally go wrong. So it is easier to just stay with Lloyds.

To be fair, they haven't really done anything too bad since they stopped paying my mortgage for no real reason...

 

[el_dazza]

From my experience all banks are pretty useless in one way or another. Having been with Lloyds for a while now I know in what way they normally mess up and what tends to go wrong. If I move to a new bank then I would have to learn how they normally mess up and how they normally go wrong. So it is easier to just stay with Lloyds.

To be fair, they haven't really done anything too bad since they stopped paying my mortgage for no real reason...

Ah, I get you now.

 

[Surfer]

not surprised at all that the banks lost considering they are greedy, thieving scum.....

think ill start a claim against another bank for a previous account...