Barclays stealth 'upgrade' to 'Premier' still happening

MisterMotivated

thornbird wrote: »

Here is the update from the BBCs Simon Lewis (any relation to Martin?)

Isn't his name Paul Lewis?

oldfella

thornbird wrote: »

Did you get a letter and brochure too? Have you had the pushy sales call yet?

I got a letter + brochure, called them to make sure they didnt want anything from me, and said yes please

Deadbeat

Uxb wrote: »

I think all current accounts should be chargeable
After all the rest of the world pretty well charges customers for banking facilities.

So we should pay the banks for the privilege of lending them our money?

And just because other countries do it is no reason for us to.

JuicyJesus

Deadbeat wrote: »

So we should pay the banks for the privilege of lending them our money?

And just because other countries do it is no reason for us to.

No, you would be paying them for the privilege of issuing cards, cheque books and statements, maintaining online, telephone and mobile banking services, ATMs and debit card networks, indemnifying you against fraud committed against you using any of the above, staffing and maintaining up to thousands of branches to use at your convenience, processing standing orders and Direct Debits for you and clearing any cheques you choose to pay in, as well as accepting cash deposits and withdrawals.

All of which you currently pay nothing for.

tomo21217

Banking is like the Nhs, free at point of consumption but this doesn't mean that it's free.

You pay for Nhs in taxation, you pay for banks in lower interest rates, high default fees and higher loan rates.

thornbird

tomo21217 wrote: »

Banking is like the Nhs, free at point of consumption but this doesn't mean that it's free.

You pay for Nhs in taxation, you pay for banks in lower interest rates, high default fees and higher loan rates.

That is very true.