How will reclaiming bank charges impact banking discussion

Nathan_Spleen

Charlton_King wrote: »

I'll bet you're totally thunderstruck and unable remotely to guess why they might be doing such a terrible thing.

Okey doke. I'll take you up on that...how much?

TANZARELLI

Charlton_King wrote: »

Item number one on this week's email from Our Glorious Leader:

Warning! Banks raise charges on current accounts!

Wow, Martin. Quelle surprise! That was really unexpected, wasn't it? A bolt from the blue.

I'll bet you're totally thunderstruck and unable remotely to guess why they might be doing such a terrible thing.

Along with hundreds of thousands of other people who manage their financial affairs competently, I am henceforth going to be subsidising the fortunes of brinkmanship budgeter chancers.

I'm sure the latter will be toasting your magnificent, do-goodery efforts on their behalf... the bill for the bubbly being on me, of course.

Bravo.


Bravo.

Your a bit sarcastic aren't you?

I think its about time you took off your blinkers and realised what is going on with this industry.

If the price of having a bank accounts has increased then so be it. If I have said it once I have said it a thousand times its about time that the playing field was levelled so that its not the minority that are being highly ripped off on a daily basis by banks profitting from penalties and unreasonable disproportionate charges.

You seem to think that everyone who has a charge and thinks its unfair is irresponsible and that you are whiter than white. Get over yourself and get real you must be able to see what happening here or are you really that stupid?????

Tanz

skint161

well said Tanz

IvanOpinion

alexjohnson wrote: »

As a result there will be a new set of rules which will also apply to everyone, but where some people are speculating that in order to maintain banks' profits - which being rational they will want to do - they will look to get that in other ways which may fall harder on reclaimers (higher interest rates) or on non-reclaimers (account fees). Or, most likely, both.

It's worse than that, and I have pointed this out before, we are sacraficing easily avoidable charges for unavoidable mandatory charges (while retaining slightly lesser avoidable charges which may ultimately be enshrined in law). There is zero logic in that whatsoever ... however many will not realise that until they realise the system they threw away was better than the one they have bought.

Ivan

Tozer

skint161 wrote: »

well said Tanz

Not well said at all. Damned rude if you ask me.

Nathan_Spleen

IvanOpinion wrote: »

we are sacraficing easily avoidable charges for unavoidable mandatory charges Ivan

So if everyone suddenly avoided these charges - as you preach they should - do you seriously think it wouldn't result in unavoidable mandatory charges?

Have, cake, eat.

Tozer

Nathan_Spleen wrote: »

So if everyone suddenly avoided these charges - as you preach they should - do you seriously think it wouldn't result in unavoidable mandatory charges?

Have, cake, eat.

It would certainly reduce them.

Nathan_Spleen

I'm not with you Tozer, reduce what?

Tozer

Reduce the level of mandatory charges (to be paid by all) if the charges for 'unauthorised' transactions are reduced.

Nathan_Spleen

I repeat: So if everyone suddenly avoided these charges - as you preach they should - do you seriously think it wouldn't result in unavoidable mandatory charges?