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Bankwatch: RBS introduce £12 charge for not updating your address

More evidence of the banks' cash-grabbing antics emerged today in a report by the Evening Standard, as they report that the Royal Bank of Scotland group (which includes Mint and Lloyds TSB) are introducing a £12 fine for credit card customers who forget to tell them they have changed their address.

Quoth the article, "The bank claims the fee, applying to more than five million customers, is necessary to cover the cost of tracing those they have not been able to find. But consumer groups believe it is about fuelling profits."

I think I know whose story I believe more... Grr...! 

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Welcome

Welcome to my online ramblings repository. As of Friday 16th March, I have been sentenced to serve an extra 18 months in Portsmouth as a Sabbatical officer at the Union. Until then, I have to get my degree and train up to be a Sabb while running UPSU.net

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about me

"Grumpy, geeky old grey-head"

'Ello! I'm Alex, and I'm one of the mysterious and slightly-shady figures know as "Sabbatical Officers" - my job title is something like Media Whore, and I divide my time equally between upsetting students, annoying staff members, tweaking the UP ... (read more).

my degree

BSc (Hons) eCommerce & Internet Systems (I got a Desmon)



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