The Weekly Gripe

Banks that overcharge
Overcharging banks and building societies

Unfair Bank Charges

Unfair charges are in breach of The Unfair Terms in Consumer Contracts Regulations (1999). Basically your bank is not allowed to profit from penalty charges, they must only recover costs.



The big banks despite making huge profits and announcing that they intend to make even more profit by charging customers an annual fee, also charge inflated and illegal charges when customers exceed their overdraft limit.

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Posted Comment Visitor
14-2-2008Actually I think you will find that it has not yet been decided if the ovedraft charges are illegal or not. A test case is ongoing. If they find in favour of the consumer it will mean the end of free banking for everyone. I have the foresight not to make myself overdrawn. Do not spend what you do no...moreMaz
06-10-2007If you can't afford it dont buy it. you have to take responsibility for your action.younastycheapskateyou
19-3-2007I have to say to all of you griping about bank charges you didnt think about the consequences when you went overdrawn in the first place or expected the bank to pay your bills for free until you could be bothered to put the money in to pay them yourself I mean you wouldnt go to sainsburys do your we...morelawadbiding
19-3-2007I agree, its highway robbery!! But get your own back!! YOU CAN GET YOUR BANK CHARGES BACK!!!!! Read this article to see how its done. I have helped all my family and friends who had charges and together we have claimed almost £7000 back. One friend got £2100!! (www) money...moreJimmy Wyld
27-2-2007Banks, bulding societies, credit card companies, hire purchase companies, loan companies, and all their ilk are nothing but scamming crooks. They rob all the poor in this country. Their backs will be against the wall come the Revolution. Unless a plain Act of Parliament is passed whereby all the...moreChé

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