Halifax - EasyCash forced upgrade - where to now?

pinkdalek

Consumerist wrote: »

The Lloyds Group have led the way but I haven't seen any rush by other banks to follow suit.

So going of your original comment you would be recommending the Lloyds Group as they can't "trip you up" as you so clearly put it.

Consumerist

pinkdalek wrote: »

So going of your original comment you would be recommending the Lloyds Group as they can't "trip you up" as you so clearly put it.

I don't recall recommending anything in my original comment. If you read the posts you will see that another poster pointed out that Halifax don't charge for unauthorised overdrafts or failed direct debits and standing orders.

If you never go overdrawn or, if you do, it's for small amounts over short periods, you could do worse. Lloyds group banks charge 1p for every £7 overdrawn for each day so it's up to you to see if this charge structure is best for your circumstances.

ValiantSon

Consumerist wrote: »

I think the truth is that banks don't like opening accounts where they can't trip you up. They like the possibility, however unlikely, to charge overdraft and other fees to make the account pay.

If you take your eye of the banks for just a second they will take every opportunity to jump on you and they will be within their rights according to their Ts & Cs.

Don't become ill or die with a standard bank account.

What are you talking about? This is an incredibly ill-informed rant.

Consumerist

ValiantSon wrote: »

. . This is an incredibly ill-informed rant.

So what ?

It is an opinion based on several current accounts over many years with many banks.

Why won't banks generally allow customers to open accounts which simply will not make payments if there is not enough money in the account to fund them? Why are banks refusing to open "basic" current accounts unless they feel they are constrained by regulation or codes of practice to do so?

I look forward to your informed response.

ValiantSon

Consumerist wrote: »

So what ?

It is an opinion based on several current accounts over many years with many banks.

Why won't banks generally allow customers to open accounts which simply will not make payments if there is not enough money in the account to fund them? Why are banks refusing to open "basic" current accounts unless they feel they are constrained by regulation or codes of practice to do so?

I look forward to your informed response.

Your ill-informed nonsense speaks volumes by itself; no glossing by me is necessary.

Consumerist

ValiantSon wrote: »

. . . no glossing by me is necessary.

So no answers then. As expected.

ValiantSon

Consumerist wrote: »

So no answers then. As expected.

I've already answered. You have written a load of irrelevant drivel that borders on conspiracy theory. Banks are businesses; they exist to make a profit for their shareholders. This is the nature of capitalism. They are not charities, NGOs, or government agencies. They do not exist to make your life better.

You have ranted, but said nothing of value, nor of insight, nor intelligence. It is not beholden upon me to explain why your diatribe is nonsense; you made the allegations, so you need to provide the evidence to support them.

What you cannot seem to understand is that there is no conspiracy; the banks offer accounts with published terms and conditions that customers freely sign up to. Some customers will end up paying fees. These fees are well signposted in advance, and customers make financial decisions in knowledge of them. The banks do not, "pounce" on people, but rather apply the advertised fees and charges. Only the customer is to blame for incurring those costs (which they agreed to).

I do tire of reading all the ignorant drivel on these forums about evil and insidious banks. When you tire of carrying your pitchfork and flaming torch, you may find time to actually learn something.

Consumerist

ValiantSon wrote: »

I've already answered. . .

The question(s) are:

Why won't banks generally allow customers to open accounts which simply will not make payments if there is not enough money in the account to fund them? Why are banks refusing to open "basic" current accounts unless they feel they are constrained by regulation or codes of practice to do so?

Still unanswered.

Like yourself, I do tire of reading all the ignorant drivel on these forums making pitiful excuses for banking practices.

note-from-mum

I had this situation a couple of years ago with 2 barclays basic accounts. I was told i was being upgraded whether i wanted or not. I started a complaint using the FOS on my behalf. Barclays changed their mind and I was moved back to a basic bank accounts.

I did not want anything other than basic bank accounts and to move me to something else I think is against all the banks offering a basic account.

AirlieBird

Consumerist wrote: »

The question(s) are:

Still unanswered.

I thought the questions were

Aramil wrote: »

So does any Bank do a basic account you can actually apply for?

And should I look to take my CC business to a CC company?

I must have missed the questions in the OP's post you say are still unanswered.