" Incidently, if you put money in on the same day as you go overdrawn, you won't be charged."
Problem solved !
Youre £50 overdrawn on monday, you withdraw £50 from the hole in the wall and deposit it on the same day!
I know, I'll start digging now
I think with banks they see the customer as a means to an end, making money!
To hammer the point home I will tell you a story ( max bygraves )
I have had an account with lloyds tsb since around the late 80's.
I had never in all that time had one courtesy call from them.
All changed however in 2002 when lets just say a nice redundancy wedge was paid into the account.
The day after the money was due to be paid in I checked the balance
as you do
I had to go out somewhere, but when I came back her indoors informed me that the bank had called and said they would call me back! now theres a change !
The resulting call was to assure me that the money had safely arrived in the account ( as I was placing down my new cd player
)
But I can tell you that the shock of that call almost resulted in a warranty claim!
---------- Post added at 17:07 ---------- Previous post was at 17:03 ----------
Quote:
Originally Posted by Chrysalis
whats this customer support #?
is it uk based?
my experience of lloyds tsb is they will do anything to avoid increasing overdrafts as they not profitable enough, they keep offering me a loan to remove my overdraft why? because the overdraft isnt making them any money and the loan is a big earner for them at 18.9% apr. I am also hardly using the overdraft perhaps onve every few months.
|
At one time they offered us a loan for the same thing, to pay off the overdraft.
But ofcourse aswell as the interest on the loan there would be interest, a higher rate, on the overdraft
Another money spinner is the insurance!