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then you can add up how much the bank thinks your account costs to run.
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Just because they
think thats what they would like to charge is not a good reason to accept it
"High street's Big Four make big profits but offer poor service - so it may be time to switch. Britain's biggest banks continue to make bumper profits, breaking record after record for coining it in. Nor, are these figures one-offs. The combined profits of the Big Four banks rose to almost £20 billion last year. However, while the banks' results are good news for shareholders, campaigners for customers' rights believe the profits have been achieved at the expense of their account-holders. "There has to be something wrong with an industry where companies are continually able to boast record profits," said Eddy Weatherill from the Independent Banking Advisory Service. "This can only reflect profiteering by the banks whose expertise lies in ripping off customers in every conceivable way - poor rates of interest for customers in credit, steep charges on overdrafts and poor value service." That view is shared by the Consumers' Association, which runs the Switch With Which campaign urging customers to dump the big four"
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