Tesco Personal Finance (ie Savings A/c)

RobberRob_2

WARNING :mad:

When Tesco (realy Royal Bank of Scotland) send out their Rate Change notices, which happens several times a year, I tend to look at it and then drop it in the bin after all they appear to be 'safe'.

BE WARNED every 'rate change' notice has at the top your FULL ADDRESS, BANK SORT CODE and FULL ACCOUNT No.

I have phoned Tesco re. this rather foolish policy , but they will not change it.

We should all complain - this is not SAFE BANKING. :eek:

Searcher

RobberRob wrote: »

We should all complain - this is not SAFE BANKING. :eek:

But why?
Does that mean we should complain every time that banks send a statement in the mail?

C_Ronaldo

I get these from mbna and i look at the top of the page and just remove any name, address and accout number details and shred it, i cant see how its a warning though

trisontana

Every time you give somebody a cheque it has the sort-code and full account number on it. So where is this so-called breach of security ?

RobberRob_2

Hi
My point is that I EXPECT to destroy/shred statments and other important documents, but these 'rate change' notices are 'junk mail' and in the past I have binned them whole without noticing the personal info that is included for no obvious reason - Other banks just send a list of changes with no security data.

RobberRob.

C_Ronaldo

It only takes a few seconds to see if theres any data liek name, address etc on there

trisontana

RobberRob wrote: »

Hi
My point is that I EXPECT to destroy/shred statments and other important documents, but these 'rate change' notices are 'junk mail' and in the past I have binned them whole without noticing the personal info that is included for no obvious reason - Other banks just send a list of changes with no security data.

RobberRob.

But is it "security data" ? As I said above , it's printed on each of your cheques which can be sent out to any Tom, !!!!!! or Harry. I don't think that anyone has used this for identity fraud, otherwise the banks would not print cheques with that information on.

Sooler

You put mail with your full address on in the bin? – that is not safe regardless if it has any other information or not.

Rate change notices aren’t really junk as you’d be a bit annoyed if they dropped a savings rate to 0.0001% or increased a loan rate to 10000% without telling you

trisontana

Sooler wrote: »

You put mail with your full address on in the bin? – that is not safe regardless if it has any other information or not.

I agree. You should not be selective in what you shred. I put everything with my name and address through the shredder, even empty envelopes.