Co-Op Bank introduces monthly fee on some credit card

kenshaz

M_Thomson wrote:

Are you on the whisky again?

Anwen_2

kenshaz wrote:

Anwen do not get drawn in,look at my earlier post.
Regards Ken

Yeah, I don't really see the connection to the Stella Awards which is about stupid lawsuits/fake stupid lawsuits, there's no lawsuit here... All it is is speculation/concern based on newspaper reports of a possible change in certain CC terms.

I am just wondering if aj3001's dad has actually been informed by Northern Rock that he will be charged this fee, or if he's reacting to this speculation...

kenshaz

Anwen wrote:

Yeah, I don't really see the connection to the Stella Awards which is about stupid lawsuits/fake stupid lawsuits, there's no lawsuit here... All it is is speculation/concern based on newspaper reports of a possible change in certain CC terms.

I am just wondering if aj3001's dad has actually been informed by Northern Rock that he will be charged this fee, or if he's reacting to this speculation...

Reacting to speculation.

Just making an analogy between rumours,general talk or hearsay of doubtful accuracy and fact and how they can escalate through :think: circulation into exaggerations and distortions of fact.

aj3001

My dad did have a letter telling him they will start charging, it is for an old Northern Rock card, which was taken over by Co-op bank a while ago, I will scan the letter if I get a chance later but I can assure you this IS happening, it will be £2 a month

kenshaz

aj3001 wrote:

My dad did have a letter telling him they will start charging, it is for an old Northern Rock card, which was taken over by Co-op bank a while ago, I will scan the letter if I get a chance later but I can assure you this IS happening, it will be £2 a month

They are trying to make him cancel the card ,it is an old CC account,they have taken over and they want it off their systems,it appears as if he has done what they wanted.No notification on CO-OP site,this is a personal situation between your Dad and CO-OP.

GunJack

I have a Co-Op platinum tracker card - I have had absoluteley nothing through from them indicating a monthly fee. Will advise if & when I do......

CopperPlate_2

kenshaz wrote:

They are trying to make him cancel the card ,it is an old CC account,they have taken over and they want it off their systems,it appears as if he has done what they wanted.No notification on CO-OP site,this is a personal situation between your Dad and CO-OP.

Talk about speculation! You know his dad then ? How can you say it's a personal situation then?

What a load of rubbish Kenshaz. Why won't you just accept it at face value and that it might be true instead of just rubbishing the idea. Anyone might think you're just being contrary for the sake of it

M_Thomson

CopperPlate wrote:

What a load of rubbish Kenshaz.

LOL!

CopperPlate wrote:

Anyone might think you're just being contrary for the sake of it

He'd never do that now would he???????!!!!

ManAtHome

Whatever the merits of these particular cards, it is obvious that the banks are going to try make up the excessive fees profits somehow. Will certainly be worth keeping your eyes open for stuff like monthly charges (always looks a lot less than annual charges), increased interest rates, reduced interest-free period. Would guess that there will similar stuff on the way for current accounts as well if/when similar penalties go under the microscope.

CopperPlate_2

Considering the previous annual charges used to be around £10 a year or so.