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HBOS Free banking for life??????

Hi, I opened a Halifax Business Bank Account some years ago and was promised free banking for life if I remained in credit by £5k. When I fell below this I paid a nominal charge for each cheque I wrote. Now they are waving my cheque charges and charging me a £15 per month maintenance fee if I go below the £5k. As I only write a couple of cheques a month I'm now paying them over £14 extra, is this allowed?

Comments

  • Darlo1961 wrote: »
    Hi, I opened a Halifax Business Bank Account some years ago and was promised free banking for life if I remained in credit by £5k. When I fell below this I paid a nominal charge for each cheque I wrote. Now they are waving my cheque charges and charging me a £15 per month maintenance fee if I go below the £5k. As I only write a couple of cheques a month I'm now paying them over £14 extra, is this allowed?

    Yes they can if they change the terms and conditions and have written to you with the amendment.
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
  • melorablack
    melorablack Posts: 1,113 Forumite
    1,000 Posts Combo Breaker
    They said it is only free banking if you stay over 5k, so if you don't it's not free. It doesn't look like they have changed anything.
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