Halifax Two-week 0% offer

tom188

peawack wrote:

Not a case of the customer trying to profit from the bank.

You had borrowed at 0% (admittedly with fee), this is a rate lower than the bank could borrow the money at. Therefore the bank is making a loss.
You could also have put the money you would otherwise be repaying into a savings account (except minimum payment) and earned interest. Thereby you would be making a profit from the bank.

Now they are trying to claw it back.

peawack

tom188 wrote:

You had borrowed at 0% (admittedly with fee), this is a rate lower than the bank could borrow the money at. Therefore the bank is making a loss.
You could also have put the money you would otherwise be repaying into a savings account (except minimum payment) and earned interest. Thereby you would be making a profit from the bank.

Now they are trying to claw it back.

The bank's raison d'tre is to make money- not disputed.
the whole point of this contribution is to point out that they could be deliberately and cynically, trying to dupe their customers.

vwman_3

peawack wrote:

The bank's raison d'tre is to make money- not disputed.
the whole point of this contribution is to point out that they could be deliberately and cynically, trying to dupe their customers.

A Bank doing that never..........:eek: :eek:

aj3001

Lucky you spotted it!