Bank account charges lloyds tsb

I've had a Premier Account with Lloyds TSB for 8 years and use all the benefits.
After learning about the miss-selling of bank accounts I decided to delve deeper!
I phoned up and told the advisor I was unhappy that I was told I could only increase my overdraft limit by taking out a Premier Account.
Apparently this was not the case. To make my case stronger I also said I felt I was not fully explained about the advantages of the benefits.
I spoke to an advisor and then a manager. The manager said he will look into my query and get back to me.
Two days later I was offered £1941.00 for my inconvenience. I received the money in my account that night.
Thanks Martin 👍💷

Comments

  • lincroft1710
    lincroft1710 Posts: 18,618 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I think I'll complain to Lloyds about the minimal interest I receive on my savings account, which will no doubt reduce even further if they just give away nearly £2K for "the inconvenience" of a miss-sold bank account.
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • dunstonh
    dunstonh Posts: 119,112 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I think the op has worded it badly. £1941 wont be for inconvenience. If it was, it would be crazy. You would want to be mis-sold something to be better off.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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