Daylight robbery by banks

Yes the interest rates on savings accounts are derisory. We have decided not to save any more and since holidays are out for the foreseeable future we are going to spend surplus money on home improvements and the family.

The adverts make us believe that they're on the customer's side but they're not. They project a friendly persona to encourage us to loan them our money for free by having bank accounts so that they can make more money but not for us, Banks are in business to make money for their shareholders.

I was so incensed I phoned the bank and asked to speak to Senior Manager. She said they were doing it to discourage youngsters from using overdrafts for dad to day living - and to encourage them from taking proper loans.

Hmmmmmm she tried hard- and I can see the point.

But practically 0% to have our money, and nearly 40% to lend it - is, as said in title- daylight robbery.

So new kitchen at last this year - rather than bank

New kitchen here too, I think!
Instead of a holiday. I so excited. ?

The High Street banks have always robbed those who are struggling with their finances.

I know only too well how high the interest is on an overdraft these days biba70 and it’s legalised robbery .