We hate asda

Proc

revolu wrote: »

And it may well be in the Terms and conditions.

But that does not make it RIGHT!

Look at fred "shred" goodwins pension terms and condition I suppose you guys think that his £18 million pension was okay too.

Yeh, because RBS is a supermarket, and this is wholly relevant to your opening post?

I think it's obvious that you don't really understand much about the whole banking/finance/capitalism/economics/politics/conspiracy crap and you're way out of your depth.

revolu

Quote Proc "Yeh, because RBS is a supermarket, and this is wholly relevant to your opening post?"

Yeh? is that a word, now who's THICK.

Of course its relevant, t and c's and banks. Try thinking before typing.

hairy_g

revolu wrote: »

This is ASDA's fault as they dont release the reserved amount.
She also racked up £15 of phone charges to bank/asda 0845 numbers.
............and £1.5 million in call charges.

THIS COMPANY IS SCUM. GOODBYE ASDA:T

Those phone call charges are irrelevant.
Not everyone would be daft enough to spend £15 on phone calls when http://www.saynoto0870.com provide direct numbers for Asda stores, as well as banks.
£1.5m in call charges would not be kept by Asda or the Bank anyway, as they have to pay line rental out of that.

Proc

revolu wrote: »

Of course its relevant,

revolu wrote: »

Yeh? is that a word, now who's THICK.

You are...

maninthestreet

So we've gone from £100 with ASDA to £18M with the RBS, without stopping off anywhere in between. Any advance on £18M, anyone???

revolu

Those phone call charges are irrelevant.

I beg to differ, she tried to find out what was going on and these are the only advetised number. She was worried and they take advantage.

revolu

maninthestreet wrote: »

So we've gone from £100 with ASDA to £18M with the RBS, without stopping off anywhere in between. Any advance on £18M, anyone???

Yes, £38 billion, the amount RBS got bailed out for, money from us, to keep ripping us off.

maninthestreet

revolu wrote: »

Yes, £38 billion, the amount RBS got bailed out for, money from us, to keep ripping us off.

So you hate RBS more than ASDA now??

revolu

maninthestreet wrote: »

So you hate RBS more than ASDA now??

I do indeed, like I say its a cartel.

This is not about who I dont like, its about is it right to do what I said in my first post, it may well be buried in the T n C's but I'm afraid in the court of public opinion its not right at all.

I dont like (list so far)

Asda
RBS
Proc
Fred Goodwin

cybergibbons

revolu wrote: »

How much money is this making the banks/asda?

Say 100 000 x £100 reserved for 10 days.
So over a year 10 million at 5% is £500k and £1.5 million in call charges.

It would be good if you think before posting things like this.

0845 costs 3p/min. That is £1.80 an hour. Even if Asda kept all of this, do you think that the person on the other end of the phone is getting paid less than £1.80? No, they aren't, they are getting paid more than this. Asda are not making money on this.

However, £15 at 3p/min is 8 hours. I doubt that your sister spent 8 hours on the phone to them, we can infer from this that she used a mobile, hence most of those call charges went to her mobile company.

Now, let's say that Asda did take £100 off 100,000 customers for 10 days and earn the interest on that. Your maths is way off. 5% APR is very high interest, but let's stick with that. That's 0.013% a day. So that £100 will earn them 100 * (1.00013)^10 - 100. That's 13p! i.e. £13k a year for all 100,000 customers they annoy. They could save this by not annoying the customers and employing one less call centre employee.