Banking mutterings
Sep. 24th, 2007 10:35 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
annwfynI just received a letter from Nationwide.
Well, I received two letters from Nationwide. One was offering me an £850 overdraft, four months after they withdrew my overdraft facilities with two weeks notice and tried to sell me a loan to cover it.
The other was informing me that from the 1st November, unauthorised overdraft would work a different way. Apparently, the minute you go into unauthorised overdraft, you get charged interest at a rate of 9.9% and 'all other preferential rates are withdrawn', with the implication being 'in perpetuity'. So, if you take the £850 overdraft and go £1 overdrawn, from then on in you have a new interest rate on your entire overdraft.
Honestly, I think I preferred the £30 bank charge.
So very very unimpressed with Nationwide. I need to change banks, so badly, and it's so much dam work*
*By which I mean 'damn work if you're as incompetent and slightly scatty as me'. I know that most people can manage to change bank accounts quite easily.
Well, I received two letters from Nationwide. One was offering me an £850 overdraft, four months after they withdrew my overdraft facilities with two weeks notice and tried to sell me a loan to cover it.
The other was informing me that from the 1st November, unauthorised overdraft would work a different way. Apparently, the minute you go into unauthorised overdraft, you get charged interest at a rate of 9.9% and 'all other preferential rates are withdrawn', with the implication being 'in perpetuity'. So, if you take the £850 overdraft and go £1 overdrawn, from then on in you have a new interest rate on your entire overdraft.
Honestly, I think I preferred the £30 bank charge.
So very very unimpressed with Nationwide. I need to change banks, so badly, and it's so much dam work*
*By which I mean 'damn work if you're as incompetent and slightly scatty as me'. I know that most people can manage to change bank accounts quite easily.
