Comments on: HSBC “Green” Rip-Off http://www.mcroston.co.uk/207/hsbc-green-rip-off/ Just another WordPress weblog Fri, 21 Nov 2008 15:57:19 +0000 http://wordpress.org/?v=2.5.1 By: Mark Croston http://www.mcroston.co.uk/207/hsbc-green-rip-off/#comment-30061 Mark Croston Thu, 12 Jun 2008 12:12:15 +0000 http://www.mcroston.co.uk/207/hsbc-green-rip-off/#comment-30061 Yep, the overdrawn letters are a joke. I had a couple early this year when they let me go over my overdraft, then charged me to tell me about their error. Paying £15 for an overdraft arrange ment which let me go £20 over my overdraft isn't much use to the customer. If the arrangement fee allowed an extra £250 then I could see the use, but I expect my bank to simply stop giving me money when I run out. My local branch got the charges refunded though - after 15 years I dont expect or tolerate that kind of behaviour from my bank. Saved me the effort of moving elsewhere in protest :-). Yep, the overdrawn letters are a joke. I had a couple early this year when they let me go over my overdraft, then charged me to tell me about their error. Paying £15 for an overdraft arrange ment which let me go £20 over my overdraft isn’t much use to the customer. If the arrangement fee allowed an extra £250 then I could see the use, but I expect my bank to simply stop giving me money when I run out.

My local branch got the charges refunded though - after 15 years I dont expect or tolerate that kind of behaviour from my bank. Saved me the effort of moving elsewhere in protest :-).

]]> By: WD http://www.mcroston.co.uk/207/hsbc-green-rip-off/#comment-30060 WD Thu, 12 Jun 2008 11:12:50 +0000 http://www.mcroston.co.uk/207/hsbc-green-rip-off/#comment-30060 Mark, if the fees they charge for sending a letter when you go over drawn are to be believed, then these monthly statements must be costing in excess of £50 a time. So the savings must be massive for them. I look forward to seeing even more obseen profits from them next year, as we all suffer. Mark,
if the fees they charge for sending a letter when you go over drawn are to be believed, then these monthly statements must be costing in excess of £50 a time.
So the savings must be massive for them. I look forward to seeing even more obseen profits from them next year, as we all suffer.

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