HSBC Changing all Bank accounts

Inactive

ShelfStacker wrote: »

You'd be hard pressed to find anyone, outside the MSE echo chamber, that truly cares about the loss of a pittance of interest. That's what HSBC found when they did a survey. You're in the minority. Sorry.

To be honest, I am not that bothered about the actual interest, I am bothered about the principle of HSBC tarting up some bumph to make it look like they are doing us all a huge favour by changing these accounts, when of course it is just lining their pockets.

I challenge you to prove that I am in the minority.

ShelfStacker_3

Inactive wrote: »

To be honest, I am not that bothered about the actual interest, I am bothered about the principle of HSBC tarting up some bumph to make it look like they are doing us all a huge favour by changing these accounts, when of course it is just lining their pockets.

If you pay your salary into HSBC, you are actually getting a better deal as a result of the change. Your interest may not exist now, but you have the identity theft helpline, free Monilink mobile banking (which many other banks charge for) and (admittedly belatedly) access to the Regular Saver. If you don't pay your salary in, you've lost nothing except your 2p. There's no "principle", because they have actually given you something extra.

I challenge you to prove that I am in the minority.

I can't, without just quoting HSBC on the subject, which you'll just deride as "brainwashing". Sorry. I'll just have to rely on the common sense assumption that nobody really honestly cares about two pence each month.

Inactive

ShelfStacker wrote: »

If you pay your salary into HSBC, you are actually getting a better deal as a result of the change. Your interest may not exist now, but you have the identity theft helpline, free Monilink mobile banking (which many other banks charge for) and (admittedly belatedly) access to the Regular Saver. If you don't pay your salary in, you've lost nothing except your 2p. There's no "principle", because they have actually given you something extra.


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Not true, customers that don't pay a given amount in will lose their cheque guarantee card I believe, also they will receive less paper statements than now.

Surely HSBC like all banks provide an identity theft helpline anyway, who needs a mobile banking facility?..oh and of course the golden goose " Regular Saver Account " that is of course a staged interest one, so no real benefit there.


That together with the lousy savings rates in general makes HSBC look less and less attractive as a bank these days.

Sagz_2

Lokolo wrote: »

Once again.

Going from 0.1% to 0.0% is not going to make any difference to you.

Whats with all the moaners on this thread moaning about losing 0.1% interest?

It's not the amouth - it's the value they place on me as a customer. Nil. Thats why I'm voting with my feet.

ShelfStacker_3

Inactive wrote: »

Surely HSBC like all banks provide an identity theft helpline anyway, who needs a mobile banking facility?..oh and of course the golden goose " Regular Saver Account " that is of course a staged interest one, so no real benefit there.

Identity theft is distinct from things like card fraud, which yes, every bank does deal with. The regular saver *is* a benefit, you may not consider it one, many people do.

Have you even tried Mobilink? It actually works quite nicely, and it's very useful sometimes.

Sagz_2

ShelfStacker wrote: »

If you pay your salary into HSBC, you are actually getting a better deal as a result of the change. Your interest may not exist now, but you have the identity theft helpline, free Monilink mobile banking (which many other banks charge for) and (admittedly belatedly) access to the Regular Saver. If you don't pay your salary in, you've lost nothing except your 2p. There's no "principle", because they have actually given you something extra.


Getting a Better deal? Well some may be but I'm not:

• I have access to an identity theft helpline elsewhere.
• Monilink is of no interest to me at all.
• Regular Saver, again, no interest to me.

How is that better for me?

ahai1

As I have said it is the principle of the thing. What angers me is that the dishonest bankers thinking they are doing me a favour which they are not.

As for the other services that they have given how many of the customers will find useful and worth it? As it has been said people have those services elsewhere or they are not of any use.

I am fed up with those bnakers that I have joined my credit union. I hope that people teach them a lesson.

I would love to know who took part in the survey? The invisible man.

Lokolo

Yeh maybe not for you but for others they are.

I am getting more out of this than I was before as I will be upgraded to the premier account.

Most people on here are complaining because they lose the 2p or whatever or cheque gaurentee.

Your problem, you don't use the account properly as your primary account. To be quite honest, with you going, HSBC will better off.

Inactive

ShelfStacker wrote: »

Identity theft is distinct from things like card fraud, which yes, every bank does deal with. The regular saver *is* a benefit, you may not consider it one, many people do.

Have you even tried Mobilink? It actually works quite nicely, and it's very useful sometimes.

I cannot see any real difference in " card fraud " and " identity theft " they amount to the same thing as far as I am concerned.

The Regular Saver by the way it is structured is a " headline account " in my view, a high visible % rate, restricted by the amounts a customer is allowed to put in on a monthly basis.


As for mobile phones and banking, I have no interest whatsoever in using a mobile phone to communicate with any bank.

Inactive

Lokolo wrote: »

Yeh maybe not for you but for others they are.

I am getting more out of this than I was before as I will be upgraded to the premier account.
.

If you get " upgraded " to a HSBC Premier Account, you will need at least £50,000 with HSBC.:eek: