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HSBC scraps free overdrafts for this year's graduates
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If they do start charging the 9.9% I am definately switching accounts!
If I have a balance of £1500, would this account cost me around £12 a month in interest?
Is that about right??
"He's a maniac, maniac that's for sure,
He will kill your cat and nail him to the door" :eek:
Murphys No More Pies Club Member #950 -
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Blacksheep1979 wrote: »unfortunately, yes
Balls!
I may either stick it all on 0% card or switch to a 0% graduate acc. Either way I want to pay off the overdraft within the next 12 months. HSBC will deffo lose a fair amount of customers over this.
Thanks to the OP for posting the info, otherwise I would have no known!"He's a maniac, maniac that's for sure,
He will kill your cat and nail him to the door" :eek:
Murphys No More Pies Club Member #950 -
Well i've jumped ship from HSBC and applied for a new grad acc - b*stards eh! I hope Martin will be publicising this in his weekly email!!0
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i nominated the original post for 'post of the month' hoping it would draw more attention to it........ hope so or lots of people will be caught out!Well i've jumped ship from HSBC and applied for a new grad acc - b*stards eh! I hope Martin will be publicising this in his weekly email!!:happyhear0 -
This is absolute nonsense. About 2 months ago I went into the HSBC Bank and asked for my interest free overdraft to be decreased from £1,500 to £1,000. The lady I spoke to informed me that there was little need in me doing so. She explained that my interest free overdraft would be frozen at £1,500 for a further year after I graduated, and would then decrease £500 every year for 3 years, meaning that by 2011 my interest free overdraft will have decreased the final step from £500 to £0.
What am I supposed to do now, suddenly find £1,500 to avoid paying the charges that they throw upon us all of a sudden? This shouldn't be allowed, it's certainly not ethical!0 -
Its weird that they are starting this new rate, because I still have recieved no letter at all informing me of when this change is going to happen. Has anyone else not got the letter from HSBC yet?"He's a maniac, maniac that's for sure,
He will kill your cat and nail him to the door" :eek:
Murphys No More Pies Club Member #950 -
nope, and if they don't send one and start charging me then they're in for a world of fun...0
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Blacksheep1979 wrote: »nope, and if they don't send one and start charging me then they're in for a world of fun...
Same here, I'm gonna kick up a fuss if they start to charge me the 9.9% without any notification whatsoever!"He's a maniac, maniac that's for sure,
He will kill your cat and nail him to the door" :eek:
Murphys No More Pies Club Member #950 -
Just swap bank, dont know what on earth posses people to bank with HSBC anyway they are C**P
Get a 0% overdraft with a+L and then pay the f*ck*r off0
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