Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: Bo Bo on 15 November 2006, 08:06:33

Title: The End Of Free Banking?
Post by: Bo Bo on 15 November 2006, 08:06:33
Last week there were rumours of credit card companies reintroducing yearly charges (wonder who’ll be the first?) Then yesterday First Direct Bank said they are going to start charging £10 a month for those customers that don’t have £1500 a month paid into their accounts.
Sounds like a kick in the teeth for the not so well off & it’ll affect women that take extended maternity leave etc…….
Title: Re: The End Of Free Banking?
Post by: MikeDundee on 15 November 2006, 08:12:22
Change banks?, I've been with FD for almost seven yrs now good bank, don't say I agree with what they're doing though, its reckoned others may follow suit :(
Title: Re: The End Of Free Banking?
Post by: Bo Bo on 15 November 2006, 08:21:43
I'm not with them (& nor will I be now). I hear they're very good, but think it's out of order.
Title: Re: The End Of Free Banking?
Post by: Elite Pete on 15 November 2006, 08:58:57
Its because the banks will soon have to clear cheques in a couple of hours rather than 3 days so they will loose the interest plus people are asking for money back they have been over charged from bank charges for letters/going overdrawn/bounced cheques. I have read of one bloke getting £9000 back after threatening to take them to court. The banks have always screwed people in one way or another and as soon as one is made illegal they think up another one.
Title: Re: The End Of Free Banking?
Post by: Markie on 15 November 2006, 09:57:37
this is excellent news and long over due.

Used to work in financial services so i know this is just a money maker for the banks.

However they wil just increase other charges to recoup  :(
Title: Re: The End Of Free Banking?
Post by: Ghosts in my machine on 15 November 2006, 10:37:25
They manage to clear cheques quickly in other countries like Sweden without charging the earth. It is a money making exercise. I wish they'd just be honest and say so. As soon as one does it, the rest have to follow in order to stay competitive (and by that I mean shareholders, not customers).

If HSBC started giving away free Bananas and signed photos of Jason Donovan, the others wouldn't be far behind with other fruit and Z list celebrity offerings.
Title: Re: The End Of Free Banking?
Post by: Bo Bo on 15 November 2006, 11:06:42
Quote
this is excellent news and long over due.

Used to work in financial services so i know this is just a money maker for the banks.

However they wil just increase other charges to recoup  :(
You've lost me there, how is it excellent news if it's just a money maker for banks?  :-?
Title: Re: The End Of Free Banking?
Post by: Markie on 15 November 2006, 12:07:56
Quote
Quote
this is excellent news and long over due.

Used to work in financial services so i know this is just a money maker for the banks.

However they wil just increase other charges to recoup  :(
You've lost me there, how is it excellent news if it's just a money maker for banks?  :-?

 ;D ;D i`ve lost myself - was reading metro as i typed and was replying to the metro article

what a dumbo  :D

the metro thing was advising that the banking system will be overhauled next year and internet ttransfers wont have to clear between banks and also that the cheque clearing process time is to be slashed.

This is excellent news - the end of free banking on this thread clearly is not. but i think the two are linked - if banks lose intrest in the clearing prcess as planned they will recoup elsewhere ( such as annual fees)
Title: Re: The End Of Free Banking?
Post by: Markie on 15 November 2006, 12:09:39
and evereyone on here is now entitled to call me a pillock for the rest of the day  :-[  :y
Title: Re: The End Of Free Banking?
Post by: Bo Bo on 15 November 2006, 12:20:36
Quote
and evereyone on here is now entitled to call me a pillock for the rest of the day  :-[  :y
I'll refrain  ;D
Title: Re: The End Of Free Banking?
Post by: Markie on 15 November 2006, 12:23:43
Quote
Quote
and evereyone on here is now entitled to call me a pillock for the rest of the day  :-[  :y
I'll refrain  ;D


Please dont refrain it will make me feel better if you let it out  ;) by the way just checked my email to make sure i didnt email the metro about vauxhall omegas  ;D
Title: Re: The End Of Free Banking?
Post by: The Barge Captain on 15 November 2006, 14:12:57
Quote
If HSBC started giving away free Bananas and signed photos of Jason Donovan, the others wouldn't be far behind with other fruit and Z list celebrity offerings.
 ;D  ;D  ;D

That should get rid of most of the contestants from Big Brother
Title: Re: The End Of Free Banking?
Post by: STMO123 on 15 November 2006, 14:21:35
Quote
and evereyone on here is now entitled to call me a pillock for the rest of the day  :-[  :y


Pillock! ;D
Title: Re: The End Of Free Banking?
Post by: Markie on 15 November 2006, 14:24:59
Quote
Quote
and evereyone on here is now entitled to call me a pillock for the rest of the day  :-[  :y


Pillock! ;D

 :D :y
Title: Re: The End Of Free Banking?
Post by: STMO123 on 15 November 2006, 14:34:28
Good grief Markie, just noticed your post count :'(
Title: Re: The End Of Free Banking?
Post by: Markie on 15 November 2006, 16:44:12
Quote
Good grief Markie, just noticed your post count :'(


oh its a sprint not a marathon or is that the other way around  :-/ ;)
Title: Re: The End Of Free Banking?
Post by: TheBoy on 15 November 2006, 19:21:10
Quote
and evereyone on here is now entitled to call me a pillock for the rest of the day  :-[  :y
Pillock ;)
Title: Re: The End Of Free Banking?
Post by: Chopsdad on 15 November 2006, 20:23:50
If it's any help, the clearing changes don't come into effect until November 2007.

The High Street Banks have no plans to levy fees at this current time - First Direct is an Internet Bank set up to cream off the top earning customers, who provide income via loans, mortgages & savings.  They are simply using this as an excuse to clear house of all the lower earners who are more service hungry and cost more to maintain.

UK banks don't charge for DD's, cheques or all those little plastic cards you use to scrape the ice of your windscreens on a frosty morning - First Direct just want it all on a plate.

Rant over.
Title: Re: The End Of Free Banking?
Post by: MikeDundee on 15 November 2006, 21:10:28
Quote
and evereyone on here is now entitled to call me a pillock for the rest of the day  :-[  :y

 ;D ;D...pillock.... ;D  ;)
Title: Re: The End Of Free Banking?
Post by: Markie on 15 November 2006, 21:53:36
c`mooooooon guys keep it coming - only 3 guys are man enough to call me a pillock on the whole thread  ;D

i am a pillock - unill midnight  ;)
Title: Re: The End Of Free Banking?
Post by: Chopsdad on 15 November 2006, 21:55:25
Quote
c`mooooooon guys keep it coming - only 3 guys are man enough to call me a pillock on the whole thread  ;D

i am a pillock - unill midnight  ;)


'unill' midnight - pillock  ::) :P
Title: Re: The End Of Free Banking?
Post by: Markie on 15 November 2006, 21:57:28
Quote
Quote
c`mooooooon guys keep it coming - only 3 guys are man enough to call me a pillock on the whole thread  ;D

i am a pillock - unill midnight  ;)


'unill' midnight - pillock  ::) :P


yeah yeah okay  ;D y`know something when i type fast on my laptop it occasionally misses letters out - doesnt happen on a desktop  :-/
Title: Re: The End Of Free Banking?
Post by: Chopsdad on 15 November 2006, 22:00:54
No its cos you're a pillock  ;D

(Untill midnight anyway)
Title: Re: The End Of Free Banking?
Post by: CaptainZok on 15 November 2006, 22:11:48
pillock  ;D
Title: Re: The End Of Free Banking?
Post by: x25xe on 16 November 2006, 08:53:49
Quote
Please dont refrain it will make me feel better if you let it out  ;) by the way just checked my email to make sure i didnt email the metro about vauxhall omegas  ;D

And did you mail the metro about Vauxhall Omegas????
Title: Re: The End Of Free Banking?
Post by: Markie on 16 November 2006, 09:43:13
Quote
Quote
Please dont refrain it will make me feel better if you let it out  ;) by the way just checked my email to make sure i didnt email the metro about vauxhall omegas  ;D

And did you mail the metro about Vauxhall Omegas????
thankfully no - or id have been a pillock for two days running!!