Archive for April, 2007

Credit Cards Find More Ways To Charge You Money

The Royal Bank of Scotland has announced that it will start charging customers £12 if they fail to inform it of a change of address before two statements have been sent out to their old address.
Lloyds TSB has announced that it will charge customers £35 per year if they don’t use their credit cards and [...]


Bank Account Costs – Investigation By OFT

A wide ranging review of charges imposed by the banks on their customers has been instigated by the OFT. This follows an earlier, initial, review of Bank Charge penalty fees which led the OFT to the conclusion that there is a need for a more detailed study of the way banks operate their customer’s accounts. [...]


Bank Breaks Ranks On Bank Charges

The BBC is reporting that a customer of the Alliance & Leicester Bank has had an extremely unusual offer made to him in response to his claim for a refund in Bank Charges.

The BBC commissioned a study that suggested that a figure of £4.50 should be the maximum figure for the true cost of [...]