The Anonymous Widower

Is It Time To Ditch The High-Street Banks?

The title of this post, is the headline across two pages of the Money section of the Sunday Times.

I would answer yes and in my view high-street banks only have one purpose and that is to fill in the spaces between the betting-shops, charity shops, pay-day loan companies and kebab houses.

I need to pay my bills and for that reason I use Nationwide and will continue to do, unless they object to my keeping just enough money in the account, so I don’t pay charges. I would also leave if they did a NatWorst or a reputable execution-only bank came along.

I also keep my savings in Zopa and if I needed to, I would probably borrow from there to.

July 1, 2012 - Posted by AnonW | Finance | Banks