Bank charges dropping!

nard1 · #1 (**permalink**) 10-02-2009, 04:33 PM

Ive read an article today that Natwest and RBS have dropped their current charge rates! Well, I thought we'd never see the day!

They are now charging £5 for a bounced cheque instead of a whopping £38 and if you withdraw money on an overdrawn account you will be charged £15 instead of £30.

I think this is great for customers that bank with Natwest and RBS - finally we see the banks doing something that is actually going to please the customers!

However, whats going on with the other banks!?? When are our charges going to be dropped!! Lets hope, like most of the time, that all will follow in time!

MurryC · #2 (**permalink**) 10-05-2009, 02:38 PM

Quote:

Originally Posted by nard1

Ive read an article today that Natwest and RBS have dropped their current charge rates! Well, I thought we'd never see the day!

They are now charging £5 for a bounced cheque instead of a whopping £38 and if you withdraw money on an overdrawn account you will be charged £15 instead of £30.

I think this is great for customers that bank with Natwest and RBS - finally we see the banks doing something that is actually going to please the customers!

However, whats going on with the other banks!?? When are our charges going to be dropped!! Lets hope, like most of the time, that all will follow in time!

Reading that makes me think why hasn't my bank followed suit as yet?

The rip you off you know! Lets hope it is something that is changed asap!

Ryan6 · #3 (**permalink**) 10-06-2009, 07:15 AM

Excellent news. Some of these charges these days are an absolute disgrace. The admin fees to cover such costs would in reality be a couple of pounds at most and £30/£40, well shame on them.