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Most Bank Customers Prefer Penalty Charges To Any Of The Alternatives

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BBC Report

The High Court is due to decide in a test case whether the level of penalty charges made by banks is lawful. If the banks lose, some fear they may try to recoup money with monthly fees or by charging for each transaction. A YouGov survey of 2,116 people for website moneysupermarket.com suggested just 8% wanted a regular fee with 1% wanting a charge for each transaction.

I'm with the 92%. Penalty charges are much fairer than hitting innocent, low-income bank customers who stay in the black with account and transaction charges.

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BBC Report

I'm with the 92%. Penalty charges are much fairer than hitting innocent, low-income bank customers who stay in the black with account and transaction charges.

...most people don't pay penalties ...but if they do once ...they know how to avoid it in the future.... :P:lol::lol:

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...most people don't pay penalties ...but if they do once ...they know how to avoid it in the future.... :P:lol::lol:

funny how it came out when the courts have started on the issue, plus anything from yougov is bias towards large firms.

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