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WHY ARE FIRST DIRECT ADVERTISING FREE BANKING WHEN IN FEBRUARY THE BANK WILL CHARGE £10 PER MONTH IF AN ACCOUNT IS BELOW £1500??? IT TAKES AWAY THE DONATIONS TO CHARITIES AS CUSTOMERS WHO STAY WILL CANCEL TO COMPENSATE THE CHARGE!!
IS FIRST DIRECT SO INCOMPETENT THAT THEY ARE UNABLE TO MAKE SAVINGS TO REDUCE THE SO CALLED COSTS..AFTER ALL THEY USE OUR MONEY TO MAKE PROFITS!!!

2006-12-08 05:04:41 · 4 answers · asked by Anonymous in Business & Finance Personal Finance

4 answers

I think they will learn a very hard lesson come Feb sorry to say that if you work for this bank I would start looking for another job

2006-12-08 05:10:49 · answer #1 · answered by cliffhanger 4 · 0 0

Why is this a problem ?

Simply move your account elsewhere.

About 18months ago I moved my account to Lloyds from Nationwide because Lloyds paid me £60 for the custom. Then this summer I moved from Lloyds to First Direct because FD paid me £50 to do so. FD have to make money and in the end its their call how they do it, but there's no reason why the customers should be then loyal.

If you cant meet the FD new rules then maybe try one of the building societies - Nationwide are OK in my experience.

2006-12-08 05:36:08 · answer #2 · answered by bacillus 2 · 0 0

Used to bank with them, the fee's they charge even pre this 1,500 thing were astronomical, took ages to get out of debt with them, at one point they were charging me more than my months salary (28k) in intrest/charges etc . . . the bunch of self abusers

2006-12-08 05:09:02 · answer #3 · answered by Michael F 5 · 0 0

as above

2006-12-08 05:12:10 · answer #4 · answered by dream theatre 7 · 0 0

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