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HSBC - Elitist Banking

rog2
rog2 Posts: 11,650 Forumite
10,000 Posts Combo Breaker
I have just seen that HSBC is to open a bank, in an area of Dorset where houses sell for £8m+, and face-to-face banking will ONLY be given to the wealthiest of their clients. :mad: :mad:
So much for Financial Inclusion.:rolleyes:
I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.

HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7

DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS
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Comments

  • The way to stop HSBC from doing this is simple.

    Anybody whgo does not meet the criteria - and lets be honest that is most - should take there business elsewhere. This applies not ot the people of this town and area but over the country! What will HSBC have to do then. Instead most people will do BU**ER ALL and HSBC will beat their £9,10,11 Bn (Whos Counting) Profit nexy year!
    Credit Card Debt

    Dec 10 £15500 :cry:

    2011 A Year for considerable debt reducing.
  • lonely_2
    lonely_2 Posts: 343 Forumite
    apparently HSBC, the World's Lowest Bank, are notoriously bad when dealing with people on IVAs too
    I'm moving on up now,
    Out of the darkness,
    My life shines on, my life shines on, my life shines on ;)
    Member of Payplan since March 2007 (realistic debt free date May 2011):T
    No 17 of the Mutual Support Club and proud of it :p
  • ZTD
    ZTD Posts: 24,327 Forumite
    But banks have *always* catered for the wealthy. It's referred to as "private banking" - I guess we are "public banking"...

    For example - go to Lloydstsb website, click on "Private Banking" at the top, then click on "Discover more about how we can help you today". It even tells you how much you have to earn...

    It's not like they keep it hidden...
    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."
    OMD 'Julia's Song'
  • True. Most accounts today require a certain monthly salary or balance at a certain level each month, or they charge you for the 'privilege' of banking with them.

    The world's local bank indeed....:mad:
    People demand freedom of speech as a compensation for the freedom of thought which they seldom use

    DFW 451 - proud to be dealing with my debts :beer:
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    I recommend Smile.

    They are ethical in everyway

    I have both my accounts with them.

    I have never been a big fan of financial institutions, but smile get my vote everytime. And they are based in my home town so Im a bit biased. ;)

    ( anyone whos interested lemme refer you so we both get a case of wine!)

    HSBC have always bankrolled the wealthy and stuffed the little guy. they were behind the privatisation of the water supply in Bolivia, ( bankrolled our freinds at EDF leaving hundreds of isolated people to die. Nice.
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • lonely_2
    lonely_2 Posts: 343 Forumite
    lynzpower wrote: »
    I recommend Smile.

    They are ethical in everyway

    I have both my accounts with them.

    I have never been a big fan of financial institutions, but smile get my vote everytime. And they are based in my home town so Im a bit biased. ;)

    ( anyone whos interested lemme refer you so we both get a case of wine!)

    HSBC have always bankrolled the wealthy and stuffed the little guy. they were behind the privatisation of the water supply in Bolivia, ( bankrolled our freinds at EDF leaving hundreds of isolated people to die. Nice.

    That's disgusting - makes even more of a mockery of their advertising (being concerned about other countries and their way of life)
    I'm moving on up now,
    Out of the darkness,
    My life shines on, my life shines on, my life shines on ;)
    Member of Payplan since March 2007 (realistic debt free date May 2011):T
    No 17 of the Mutual Support Club and proud of it :p
  • ben500
    ben500 Posts: 23,192 Forumite
    My wife used to bank with HSBC, I say used to because she closed her account this pm on hearing of this, I hope more follow suit, if HSBC are so dedicated to "premier" accounts I say let's help them concentrate on them more by closing our "paupers" accounts.
    Four guns yet only one trigger prepare for a volley.


    Together we can make a difference.
  • rog2
    rog2 Posts: 11,650 Forumite
    10,000 Posts Combo Breaker
    ben500 wrote: »
    My wife used to bank with HSBC, I say used to because she closed her account this pm on hearing of this, I hope more follow suit, if HSBC are so dedicated to "premier" accounts I say let's help them concentrate on them more by closing our "paupers" accounts.

    Well done to your wife, ben.:T :beer: :T
    I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
    If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.

    HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7

    DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS
  • rog2
    rog2 Posts: 11,650 Forumite
    10,000 Posts Combo Breaker
    lynzpower wrote: »
    I recommend Smile.

    They are ethical in everyway

    I have both my accounts with them.

    ( anyone whos interested lemme refer you so we both get a case of wine!)

    Do Smile do basic accounts, with a debit card, Lynz?

    EDF are certainly not short of a bolivar - this is a case of 'money making money'.
    I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
    If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.

    HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7

    DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS
  • ZTD
    ZTD Posts: 24,327 Forumite
    ben500 wrote: »
    My wife used to bank with HSBC, I say used to because she closed her account this pm on hearing of this, I hope more follow suit, if HSBC are so dedicated to "premier" accounts I say let's help them concentrate on them more by closing our "paupers" accounts.

    I must admit - I didn't do that. I kept my account open for the past 12 years with a few quid in it. Every month they send me a statement - costing them money.

    That's the way I did it.
    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."
    OMD 'Julia's Song'
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