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Legal, pensions and money

Where do I go now?

(5 Posts)
jeanie99 Wed 20-Nov-13 11:56:54

Banks are businesses and are there to make a profit and most current accounts at the moment don't pay any interest at all on accounts in credit.
Lloyds Bank, TSB, Santander do pay interest and I am with them all.

We don't allow our accounts to go into the red so don't pay charges but I guess for people who do require overdrafts you should shop around, it's your money and is better in your pocket than the banks.

PRINTMISS Wed 20-Nov-13 08:33:26

I think we have lost faith in all the financial institutions these days, and they will all have to think again about how they conduct their businesses and the back-lash that will happen if they are now found to be incompetent. I do not think we have even touched the tip of the ice-berg with some of them, or perhaps I am just old and cynical now.

FlicketyB Tue 19-Nov-13 21:58:29

Try the Nationwide, still a mutual and owned by its customers.

Zephrine Tue 19-Nov-13 16:36:45

I've been with the coop for over 40 years and I'm not going to change at the moment. I don't have any savings with them so I'm going to wait and see what happens. Looking around none of the others seem any more appealing. I know this man has been found to be unqualified but the chairs of other banks seem to have got in just as much of a mess and have been just as unsavoury.

petra Tue 19-Nov-13 16:16:48

I moved from HSBC to The Co op bank because I thought (wrongly) that they were responsible people.
Knowing what I know now, I am going to change again. But where to.
Any ideas anyone.