The HALIFAX are charging me for MY MONEY!

Mikeyorks

regularsaver1 wrote:

yes mikeyyorks, but if you have a branch based savings account a draft is free

Yes, that's why I agreed with you But made the point about Web based accounts as they are now becoming such a significant proportion!

grumbler

kenshaz wrote:

read the small print,what a cop out,that is why summary boxes came into force,....

Summary boxes were introduced only for credit cards. I see you don't have problems with internet access, so you can easily find what you need online: Interest rates & general charges > Special services. Very short and clear. The font size is big enough and you can make it even larger by using your browser menu.

kenshaz

grumbler wrote:

Summary boxes were introduced only for credit cards. I see you don't have problems with internet access, so you can easily find what you need online: Interest rates & general charges > Special services. Very short and clear. The font size is big enough and you can make it even larger by using your browser menu.

I was making an analogy,between the need for summary boxes ,when terms and conditions are complex,example introduction of summary boxes for credit cards. I was not making ref to myself,but for example my Mum

kenshaz

grumbler wrote:

There are no any limits on current accounts besides an agreed overdraft limit. If you ask a bank to issue a bankers draft you must have money on your account anyway.
And I join to those who think that £10 charge is quite reasonable, although you can provide your calculations. However, don't forget to include all costs on the top of salaries and consumables plus some profit (banks are not charities).

They are certainly not charities,but they do have a track record for charges ,that are not proportinate to the work involved.The feeling that £10 is reasonable, is that a gut feeling or is it calculated or an opinion ,or is it based on your circumstances,just curious. £10, is well above the average wage for an hours work.

kenshaz

grumbler wrote:

Summary boxes were introduced only for credit cards. I see you don't have problems with internet access, so you can easily find what you need online: Interest rates & general charges > Special services. Very short and clear. The font size is big enough and you can make it even larger by using your browser menu.

Read the small print ,is an accepted term ,and is not making ref to the readers sight ability.

grumbler

kenshaz wrote:

...charges ,that are not proportinate to the work involved.

Well, what do you think is proportional?

The feeling that £10 is reasonable, is that a gut feeling or is it calculated or an opinion ,or is it based on your circumstances,just curious.

It is based, for example, on £50+ electrician callout charge in a small town.

£10, is well above the average wage for an hours work.

In fact average wage is above £10 p.h. And I remind you again not to forget to include all costs on the top of salaries and consumables plus some profit ...

kenshaz

grumbler wrote:

Well, what do you think is proportional? It is based, for example, on £50+ electrician callout charge in a small town. In fact average wage is above £10 p.h. And I remind you again not to forget to include all costs on the top of salaries and consumables plus some profit ...

(1)It is not legal to charge call out charges,and therefore it is not proportional or moral
(2) To-day banks will no longer be allowed to charge HIGH charges for late payments on credit cards.(should we have allowed them to continue for the sake of profits they are not a charity?)
(3 ) Who do you believe holds the moral high ground,and on behalf of who do you speak,the banks or the young couple with children,with debt ,because they did not read the terms and conditions?
(4) Let us not talk about average wage ,minimum would not be reasonable,when your banks made record profits this year,does that answer your question on what is proportional.
(5) Sometimes ,when an individual has been in an industry to long ,they fail to understand what it feels like to stand in some one elses shoes

kenshaz

grumbler wrote:

Well, what do you think is proportional? It is based, for example, on £50+ electrician callout charge in a small town. In fact average wage is above £10 p.h. And I remind you again not to forget to include all costs on the top of salaries and consumables plus some profit ...

And I would remind you again Banks MADE RECORD PROFITS this year,despite
this site and have you forgotten the basic principles of this site. Banks are trying to screw us,and we must fight back ,do you agree or disagree,then we will know whose camp you are in. It is is fine and contributes offering advice on ,the best interest rates,and how to save effectively,but whose side are you on ?

grumbler

kenshaz wrote:

(1)It is not legal to charge call out charges,and therefore it is not proportional or moral

I don't like callout charges, but have never heard that they are illegal. Could you, please, direct me to some law? And what 'is not proportional and moral'?

(2) To-day banks will no longer be allowed to charge HIGH charges for late payments on credit cards.(should we have allowed them to continue for the sake of profits they are not a charity?)

Well, (again) what is high and what is low? £12 is low? £10 is high?

(3 ) Who do you believe holds the moral high ground,and on behalf of who do you speak,the banks or the young couple with children,with debt ,because they did not read the terms and conditions?

Moral has nothing to do with this. I speak on behalf of myself. Many spend more time on (some) useless posts here than they need to read T&C or just to visit the website.

(4) Let us not talk about average wage ,minimum would not be reasonable,

:mad:

when your banks made record profits this year,does that answer your question on what is proportional.

Profit itself doesn't mean anything. When company with 10 shareholders makes profit 1 million is this better or worse when a company with 1 shareholder makes profit £150K?

(5) Sometimes ,when an individual has been in an industry to long ,they fail to understand what it feels like to stand in some one elses shoes

I have never been 'in an industry' and have nothing to do with finances. I don't have any shares and live in a small two-bedroom mid-town house (mortgage) with my wife and one child. We have three bicycles (and use them daily) and one S-reg supermini car. We just live within our means as opposite to majority of those 'in debt'

and have you forgotten the basic principles of this site

The basic principle of this site is to find the best deals and to beat banks by using weak points (loopholes) in T&C that you even don't bother to read.

but whose side are you on

I am on the side of common sense, truth and fairness.:D

kenshaz

grumbler wrote:

I don't like callout charges, but have never heard that they are illegal. Could you, please, direct me to some law? And what 'is not proportional and moral'? Well, (again) what is high and what is low? £12 is low? £10 is high? Moral has nothing to do with this. I speak on behalf of myself. You spent more time on (some) useless posts here than you need to read T&C or just to visit the website. :mad: Profit itself doesn't mean anything. When company with 10 shareholders makes profit 1 million is this better or worth when a company with 1 shareholder makes profit £150K? I have never been 'in an industry' and have nothing to do with finances. I don't have any shares and live in a small two-bedroom mid-town house (mortgage) with my wife and one child. We have three bicycles (and use them daily) and one S-reg superminy car. We just live within our means as opposite to majority of those 'in debt' The basic principle of this site is to find the best deals and to beat banks by using weak points (loopholes) in T&C that you even don't bother to read. I am on the side of common sense, truth and fairness.:D

(1)Please do not answer a question with a question
(2) Please do not use personal insults ,because I cannot respond at that level or would wish to
(3)Please do not make quotes that have no basis in fact,I never stated that I do not read T/Cs
(4) Profit means that share-holders get bigger dividends
(5) Who appointed you ,on the side of right
(6) I have shares,live in a Semi(no mortgage) in Cheshire,worked for the government for thirty years,have a 1 yr old grand-daughter,and I care about those in debt .
(7) Speak on behalf of your-self ,that is your right and it is also mine,but allow others to form assumptions about your stance.
(8) I suggest you spent more time reading your legal position and less time on posts(note--no personal remarks)
(9) The principle of this site is that their are no stupid or useless posts,please refer if you doubt,that is what sets this site apart from others and encourages.
(10) Moral is an open and fair system,that does not exploit,and it has everything to do with it,and proportional is relative to the effort for return,and I stated what I felt was reasonable and proportinal