NOW OPEN: the MSE Forum 'Ask An Expert' event. This time we'd like your questions on TRAVEL & HOLIDAY DEALS. Post by Wed and deals expert MSE Oli will answer as many as he can.

MSE News: Barclays bottom of MSE customer service table, as First Direct is rated top

First Direct has once again been crowned king of customer service in MoneySavingExpert.com's biannual banking poll...
Read the full story:
'Barclays bottom of MSE customer service league, as First Direct retains top spot'
OfficialStamp.gif
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
«134

Replies

  • datlexdatlex Forumite
    2.2K Posts
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Forumite
    I have a Barclays account and always found their customer service both in branch and on the phone to be very good. So am surprised that they have come last. I am surprised that Smile is as high as it is to be honest. Their customer service is minimal to be perfectly honest.
    Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.
  • Shakin_SteveShakin_Steve Forumite
    2.6K Posts
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    Forumite
    Always found Barclays to be very willing to help. But, I suppose, customer service only comes into it's own when things go wrong, and we have had a pretty uneventful relationship with them.
    I came into this world with nothing and I've got most of it left.
  • spookspook Forumite
    233 Posts
    As a smile customer I'm surprised to see them still score so highly. Their new-but-worse-than-the-old internet banking update, along with long phone queues, have really put me off them lately.
  • PincherPincher
    6.6K Posts
    Forumite
    At least Barclays still has a branch near me. HSBC is about to close their nearest branch, so if I wanted to pay in a cheque to First Direct, or HSBC Premier, I have further to go.
  • eskbankereskbanker Forumite
    26.3K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    Shock horror, First Direct rated top again, who'd have imagined that!

    And the lack of value of these polls is, as always, emphasised by all the 'bad bank is good for me'/'good bank is bad for me' posts that just reinforce how subjective and ultimately pointless exercises like this are....
  • ColdIronColdIron Forumite
    7.7K Posts
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Forumite
    I find Barclays service is generally OK but they do seem to use offshore call centres more than most which can be a bit hit and miss
  • jon81ukjon81uk Forumite
    3.5K Posts
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Forumite
    Pincher wrote: »
    At least Barclays still has a branch near me. HSBC is about to close their nearest branch, so if I wanted to pay in a cheque to First Direct, or HSBC Premier, I have further to go.

    You can pay in cheques to First Direct at a post office instead if thats easier (use a HSBC envelope at the Post Office) or I think you can still post cheques to FD.
  • edited 17 February 2017 at 5:19PM
    JuicyJesusJuicyJesus Forumite
    3.8K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    Forumite
    edited 17 February 2017 at 5:19PM
    eskbanker wrote: »
    Shock horror, First Direct rated top again, who'd have imagined that!

    And the lack of value of these polls is, as always, emphasised by all the 'bad bank is good for me'/'good bank is bad for me' posts that just reinforce how subjective and ultimately pointless exercises like this are....


    There's a pretty clear trend though. First Direct, Nationwide and the Co-op are consistently rated far more highly than the average of 57% great, HSBC and Barclays lower (HSBC especially recently).


    It's the middle ground, the NatWest/Santander/Lloyds of the world where things are more mixed and these things become more "much of a muchness" simply because of the vast breadth of experience. Note that the ones near the top are the ones with fewer customers (FD and Co-op are tiny relative to the big four, and FD is notoriously choosy if not actively elitist, while Nationwide is big but not *that* big in the scheme of things) while the mass market ones are all hovering somewhere around 50%.


    This isn't a full explanation, since there's other factors. To put it mildly your average FD customer is going to have a better credit rating and be better financially disposed because the bank is so choosy and there's so few of them, while the average Barclays or HSBC customer could come from any walk of life, get into trouble and be angry at the bank as a result. Lloyds and Halifax (LBG) in particular illustrate this perfectly - they're the biggest banking group in the table, absolutely massive with a huge branch network and customer reach... and they're slap bang in the middle of it!
    urs sinserly,
    ~~joosy jeezus~~
  • JuicyJesus wrote: »
    There's a pretty clear trend though. First Direct, Nationwide and the Co-op are consistently rated far more highly than the average of 57% great, HSBC and Barclays lower (HSBC especially recently).


    It's the middle ground, the NatWest/Santander/Lloyds of the world where things are more mixed and these things become more "much of a muchness" simply because of the vast breadth of experience. Note that the ones near the top are the ones with fewer customers (FD and Co-op are tiny relative to the big four, and FD is notoriously choosy if not actively elitist, while Nationwide is big but not *that* big in the scheme of things) while the mass market ones are all hovering somewhere around 50%.


    This isn't a full explanation, since there's other factors. To put it mildly your average FD customer is going to have a better credit rating and be better financially disposed because the bank is so choosy and there's so few of them, while the average Barclays or HSBC customer could come from any walk of life, get into trouble and be angry at the bank as a result. Lloyds and Halifax (LBG) in particular illustrate this perfectly - they're the biggest banking group in the table, absolutey massive with a huge branch network and customer reach... and they're slap bang in the middle of it!

    I'd have to say that LBG aim to be as average as possible and have achieved that ambition.
  • JuicyJesusJuicyJesus Forumite
    3.8K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    Forumite
    I'd have to say that LBG aim to be as average as possible and have achieved that ambition.

    To be honest in Halifax's case advertising with bloody Hanna-Barbera cartoons suggests that average is putting it a bit high...
    urs sinserly,
    ~~joosy jeezus~~
This discussion has been closed.
Latest MSE News and Guides

Energy Price Cap change

Martin Lewis on what it means for you

MSE News

Best £1 you've ever spent?

Share your most impressive bargains

MSE Forum