The Anonymous Widower

Paid-For Bank Account Complaints Soar

It is being reported that complaints about paid-for bank accounts are soaring. It’s here in the Guardian. Here’s a flavour.

Complaints about wrongly sold, fee-paying current accounts are rising sharply according to data that suggests this could be the latest mis-selling scandal to hit the financial sector.

Nationwide have been trying to sell me a paid-for account for some time. It gives a whole series of things I don’t want like car breakdown cover and a guaranteed derisory interest rate on a small amount of money.  They even tempt me with an Upgrade Now button on my on-line account. I wonder how many people have been fooled by it!

August 30, 2013 - Posted by | Finance |

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