halifax credit card cancelled

100mel

callum9999 wrote: »

Ex-tax payers money - its the governments now and they can do whatever they want with it.

I can hardly see the government putting pressure on a bank, regardless of whether they had a stake or not, to keep open credit card accounts for people who aren't even using them. It's not as if its hard to get by without a credit card.

I agree that they are not particularly desirable but they do have uses .So how do you go on for purchase protection without credit card then? In the case of my mother's card she had in fact used it in the last 12 months for purchase protection on an item

I'm sure that those travellers stranded abroad and trying to get back to UK have probably found a credit card to be of use too

aliasojo

Same here OP. Got a letter from Halifax recently saying the same thing. We didn't owe them and hadn't used the card in a while so it was no big deal but it's just not nice being dumped.

naijapower

Yeah, many people have received same letter from Halifax. They have suddenly decided to do house keeping by dumping wise customers who dont fancy spending and getting into debt

the_insider

And anyway, this whole argument of 'us' owning the banks is nonsense. The government bought a number of shares in Lloyds Banking Group and therefore if the company profits, so does the government and therefore the people. I wish everyone could get their heads around it!

BLT_2

the_insider wrote: »

And anyway, this whole argument of 'us' owning the banks is nonsense. The government bought a number of shares in Lloyds Banking Group and therefore if the company profits, so does the government and therefore the people. I wish everyone could get their heads around it!

Your argument would make sense if it wasnt for the fact that the government actually had to borrow the money to purchase the shares.

the_insider

So if it's borrowed it's not tax payer's money!