Safe Speed Forums

My lodger banks with Santandear..

He closes his account each year and opens a new one. They welcome him back by crediting his account with £100. He told me other stuff that he does and although it's all very good, for him, it's that faff factor thing again for me. I don't want to keep faffing!

I guess I'm the stupid one for not wishing to make an easy £100 extra each year. Oh, I think he also gets money for staying in credit on that account too, like I mentioned earlier.

It's all very clever but it's just not me. Another friend of mine has a similar ethic, if it's ethical. What he always says to me is "if you found it on the table you'd take it and it'd make your day".

He makes a good point but... I don't want to keep doing this stuff!

I go to work, I work hard, it goes into my bank and it enables me to live my life. End of..

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The views expressed in this post are personal opinions and do not necessarily represent the views of Safe Speed.
You will be branded a threat to society by going over a speed limit where it is safe to do so, and suffer the consequences of your actions in a way criminals do not, more so than someone who is a real threat to our society.

We paid for a new washing machine on a credit card we have from our building society. As we knew our joint account was running a bit low, we both put some extra money in the same day the card bill was coming out, just to be safe.

Our statement's arrived, with our payments in listed under the payment to the credit card on the same days trading. There's no subtotal in between, so it never shows us as overdrawn, but they've refused the direct debit payment and charged us £15.00.

Check the credit card statement (on the same building society internet banking pge, and of course we've now not paid our credit card, so we've been charged £12.00 for non-payment, and £12.00 for return of direct debt. Oh, and £7.00 interest. So that's £46.00 for being inadvertently overdrawn by £30.00 for less than a working day.

This is the first and last time I'll be using that card.

See! Faff!

You know where I'm coming from and thanks for your example of where I'm coming from JtB.

I'm like my mum, (was ), if I don't have the money I don't spend.

No such thing as a free lunch. That expression probably goes back a thousand years and is as true today as it was back then. Someone is paying the price, someone poor usually...

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The views expressed in this post are personal opinions and do not necessarily represent the views of Safe Speed.
You will be branded a threat to society by going over a speed limit where it is safe to do so, and suffer the consequences of your actions in a way criminals do not, more so than someone who is a real threat to our society.

Terms and conditions.
It can take three working days for a payment to be credited to an account.
Your debit was immediate.
Mind you, the payment into the trader account from your account can take.........three working days.......
It helps if you think when you perform a transaction: "what is the way the bank can handle this to make the most money for themselves and cost me the most money"
So, paying in ?
Allow at least three days for the money to wander around the world several times, and add-on another two for luck.
Paying out ?
Some organisations you are paying work the same scheme/am by working the "credited to your account on" scheme/am......and charging interest on late payment....
Welcome to the world of a sheep.......
Don't use a credit card, use a debit card......credit card payments often get a bit "added-on"....like your car tax.....
And have a read of the back of your tescsainsbudgwilkmorr receipt.........payments by card are charged....but not by you directly....by everyone......so your card payment will attract a charge of some 2%....paid by everyone...even those paying by cash.

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The world runs on oil, period. No other substance can compete when it comes to energy density, flexibility, ease of handling, ease of transportation. If oil didn’t exist we would have to invent it.”

56 years after it was decided it was needed, the Bedford Bypass is nearing completion. The last single carriageway length of it.We have the most photogenic mayor though, always being photographed doing nothing

That's just down to the order things are done on the computer system. I'm sure if you call them and don't get into a rant they will reverse the charges and interest. If they don't then raise a formal complaint.

As I'm happy with them, I'll say: it's Nationwide.

They reversed all the charges when I rang up with out me even saying that's why I had rung.

I note that the spanish bank that took over ally-'n-list has now increased the fee for use of an authorised overdraft by 100%.

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The world runs on oil, period. No other substance can compete when it comes to energy density, flexibility, ease of handling, ease of transportation. If oil didn’t exist we would have to invent it.”

56 years after it was decided it was needed, the Bedford Bypass is nearing completion. The last single carriageway length of it.We have the most photogenic mayor though, always being photographed doing nothing

Might as well ask why bankers get huge handouts - still think the Nationwide add hit the nail on the head ("got to have bubbly at the AGM ")

Bank charges are one thing -despite all the shouting a couple of years back ,the banks only appeared to have reduced fees ---how come it cost £25 to send a leter etc ?

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lets bring sanity back to speed limits.
Drivers are like donkeys -they respond best to a carrot, not a stick .Road safety experts are like Asses - best kept covered up ,or sat on

Because the person signing it gets paid 25,000 an hour ?

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The world runs on oil, period. No other substance can compete when it comes to energy density, flexibility, ease of handling, ease of transportation. If oil didn’t exist we would have to invent it.”

56 years after it was decided it was needed, the Bedford Bypass is nearing completion. The last single carriageway length of it.We have the most photogenic mayor though, always being photographed doing nothing

I did once querry the charge .The excuse was that it saved me the inconveniance of having to make alternate arrangements if a SO/DD was not paid .On the other hand, for years my salary was apid into the same bank .In days of old this wouls arrive in the bank some days before it went into my account .Who benifitted from the interest over a large number of years ?

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lets bring sanity back to speed limits.
Drivers are like donkeys -they respond best to a carrot, not a stick .Road safety experts are like Asses - best kept covered up ,or sat on

People should ALWAYS complain about charges, especially if they normally have no problems.
In many, many cases the bank charges trigger yet another charge regime....
It remains to be seen whether a charge for a letter @ £25.00 is not only justifiable, but legal. Especially as the letter charge follows the actual charge, which seems to be set at £35.00.
And if the charges are levied immediately it will trigger another charge, et-al.
However, just lately some are finding that almost all councils in the country are illegally charging people for failing to pay their council-tax on time, and the bailiffs are also doing an illegal [fraud] charge routine.

http://eureferendum.blogspot.com/2011/09/fraud-found-out.html

http://www.telegraph.co.uk/comment/columnists/christopherbooker/8787141/How-bailiffs-reap-the-fraudulent-rewards-of-their-phantom-visits.html

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The world runs on oil, period. No other substance can compete when it comes to energy density, flexibility, ease of handling, ease of transportation. If oil didn’t exist we would have to invent it.”

56 years after it was decided it was needed, the Bedford Bypass is nearing completion. The last single carriageway length of it.We have the most photogenic mayor though, always being photographed doing nothing

Curiously enough the banks do not consider £25 for a letter to be reasonable if it written by a customer. I had to write to my bank about a mistake which they had made and suggested that they refund me a further £25 for my time in writing the letter. I am still waiting.

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When I see an adult on a bicycle, I do not despair for the future of the human race. H.G. Wells
When I see a youth in a motor car I do d.c.brown

Gentlemen, You all need to factor into the equation the fact that the GBP has lost 25% of it's real value since 2008. The more they print, the less it's worth and we're all going to find that out next year. They have of course announced that they're going to print more. Time to start hoarding the tinned food chaps!..........

In 2008 of course the CEO's of the FTSE all gave themselves a 55% rise, they knew what was coming, as of course do the energy companies today. If you've got a debt, get rid of it now, if you can.

What do you mean by "real value"? RPI certainly hasn't increased by 25% in the last three years.


The classic cause of inflation is "too much money chasing too few goods and services". By that definition you would indeed expect parachuting money into the economy to be inflationary. But. If that new money is used to kick start production, as the current method of introduction is intended to do, then the supply of goods can be increased beyond the ammount of new money and the overall effect will not be inflationary


That has always been good advice.

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When I see an adult on a bicycle, I do not despair for the future of the human race. H.G. Wells
When I see a youth in a motor car I do d.c.brown