Harrods Bank

JuicyJesus

Dr_Cuckoo3 wrote: »

If you did have a spare £2,500 , would your opinion of the Bank remain unaltered ?

Yup. No Internet banking would be an absolute dealbreaker, especially when there's only one branch, and again the charges for their other services are still appalling however you slice it. If I had £2500 I'd keep it in NatWest or HSBC or Barclays or wherever and probably earn better savings rates while having a full service bank for no extra charge at all.

Even if you have £50,000 kicking around you'll be in the realm of most High street banks' "premier" or "private" (not really private, mind) bank accounts, which would give you the same or better rates AND a relationship manager AND various other benefits for free, plus again a full service. Harrods would give you... sod all.

rb10

JuicyJesus wrote: »

Even if you have £50,000 kicking around you'll be in the realm of most High street banks' "premier" or "private" (not really private, mind) bank accounts, which would give you the same or better rates AND a relationship manager AND various other benefits for free, plus again a full service. Harrods would give you... sod all.

And - most probably - better off still just using the normal accounts that are available to everyone.

'Private' or 'premier' accounts typically pay 0% (current) and less than 1% (savings). On both current and savings accounts, much better deals are available to anyone.

Dr_Cuckoo3

jinkster wrote: »

The bank do not offer any type of internet banking service which for me would be a complete pain in the neck.

The Al Fayed website says that they offer online banking

http://www.alfayed.com/enterprise/business-interests/former-business-interests/harrods-bank.aspx

"It is not just the prestige of Harrods and exceptional customer service that clients of the revered bank enjoy; its vast portfolio or products and services extends from traditional personal financial services to online banking and investment in gold bullion"

perhaps they have no need to advertise it ? (to phishers)

Russe11

I thought harrods was owned by the qatari's, or is he just endorsing it?

jinkster

i emailed someone and they said they did not offer this service.

Interesting!

Dr_Cuckoo3

jinkster wrote: »

i emailed someone and they said they did not offer this service.

Interesting!

perhaps they only dislose its existence on a "need to know basis"

jinkster

Very possible - I was looking for an account for without internet banking would be a nightmare!

Snakeeyes21

jinkster wrote: »

i emailed someone and they said they did not offer this service.

Interesting!

And thats their internet banking service..
You email someone, they search around in all their paper files in the bank and get back to you 2 weeks later with your balance request