Banks - Grrr!

I use our local PO frequently for banking, withdrawals and pay ins save me trips to town. The pay ins are in envelopes, not visible to staff. Making use of our PO has kept it going, any private banking matters obviously have to be done in town. 

Unfortunately Oneputt the banks seem to want to have their cake and eat it. They have all my money to invest / lend but don't want to pay me any interest. Keep pestering me to sign up for a  current account with a monthly fee, for some very dubious perks.  Keep pestering me to borrow money at rates of interest 10's of times higher than what they want to pay me. Closed the local branch so we now have to travel 7 miles each way. All that after causing one of the worst economic downturns in generations, being bailed out with my taxes and continuing to pay huge bonuses. I fear the days of nice friendly personal banking are gone forever. It is however nice to here others take on the matter. I am clearly not alone in my views.

Reminds me of those Viking treasures buried for safe keeping and then lost.  The mattress, as an alternative choice, might go up in flames. We can't win either way. 

What no one seems to get is that banking is a service industry not a charity. You get free banking - debit cards, direct debits & standing orders dealt with  for you, statements sent through the post  or online for you to see, cash machines everywhere to draw your money out, etc etc. Of course they are not going to pay high interest  on your savings when base rate is historically so low! Get real!

What no one seems to get is that banking is a service industry not a charity. You get free banking - debit cards, direct debits & standing orders dealt with  for you, statements sent through the post  or online for you to see, cash machines everywhere to draw your money out, etc etc. Of course they are not going to pay high interest  on your savings when base rate is historically so low! Get real!

The banking industry may not be a charity, or act in a particularly charitable manner. It's just as well the country was a little more charitable when in bailed out said institutions who had unmercifully ripped honest folk off (ppi for one) for years. I think getting real, would be to expect the banks to show a little more respect to those that actually keep them in business. Because without our money they are nothing.

Luckily I'm with the Bank who didn't need a bailout and don't get me started on PPI claims- you can't convince me that all the people who made the claims didn't know what they signed up for.

Some banks chose not to acccept government funds but had to recapitalise from other sources.

More grr today for customers of a certain bank. Hope it gets sorted for all concerned. 

Today I phoned Santander. Same thing as before I needed to sort an appointment out at the local branch to talk about my mums accounts. It could not have been more different than my dealings with HSBC. No need to prove who I was just to make an appointment. Told me what I needed to bring, appointment made for two days time, a whole hour set aside, all in the space of 10 minutes. As long as the appointment goes as smoothly I will be well pleased.

Luckily I'm with the Bank who didn't need a bailout and don't get me started on PPI claims- you can't convince me that all the people who made the claims didn't know what they signed up for.

Not everyone knew it was added to their policies.