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MSE News: M&S Bank reveals its current account

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Comments

  • realaledrinker
    realaledrinker Posts: 1,661 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Packaged accounts will be the next mis-selling scandal and the OFT are putting pressure on the banks to make current accounts more transparent. All of which makes me think that charging for current accounts will become the norm within a couple of years.
    Ethical moneysaver
  • JuicyJesus
    JuicyJesus Posts: 3,832 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Packaged accounts will be the next mis-selling scandal and the OFT are putting pressure on the banks to make current accounts more transparent. All of which makes me think that charging for current accounts will become the norm within a couple of years.

    That and the FSA are on record as preferring explicit rather than implicit charges on products.
    urs sinserly,
    ~~joosy jeezus~~
  • YoYoY
    YoYoY Posts: 281 Forumite
    innovate wrote: »
    Can you two please agree whose crystal ball is telling the truth, and then let me have the good one? Ta muchly.

    Well here's some evidence of the start of the slippery slope ;)

    http://www.moneysavingexpert.com//news/banking/2012/07/santander-to-charge-for-free-business-accounts
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