Comments on: Whopping overdraft charges from Halifax http://www.themoneystop.co.uk/112009/whopping-overdraft-charges-from-halifax.html Loans, Mortgages, Credit Cards, Car Insurance and Bank Accounts Fri, 16 Dec 2011 15:02:04 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: Tony http://www.themoneystop.co.uk/112009/whopping-overdraft-charges-from-halifax.html/comment-page-1#comment-7080 Tony Tue, 01 Nov 2011 19:36:22 +0000 http://www.themoneystop.co.uk/?p=3736#comment-7080 Halifax? After overcharging me for overdrafts (in one case attempting to claim that an account that has had *zero transactions* for 2 months spend over a week in overdraft. Then to my face claiming that this charge was correct!) I left. Except I couldn't - as above, they kept coming up with increasingly bizarre reasons why the account couldn't be closed. It's still open - I gave up. Probably they'll try to slap a random fake overdraft charge on it, put it into a real overdraft then claim the resultant charges are 100% correct (I'm quite prepared to see them in court if they try..). My wife had a fixed term ISA. They wrote to her saying it was about to be finished.. she rung up and they revealed that she must turn up *in person* on the *exact morning* of the day of maturity to close the account. As it happens they've closed the local branch, the nearest one is a few miles away, and she has an injured foot and can't walk very far. She really tried, but just couldn't make it. Halifax now say that because she was unable to make it it's in another fixed term account *at 0.1% interest* and she cannot access the money for *another two years*. This is tantamount to theft - as they were told repeatedly that she intended to close the account, both before and on the day. Apparently it's legal for banks to do this. In two years they'll repeat the charade, and it'll continue. Halifax are just a legalised protection racket. Anyone considering doing *any* business with them needs their head examining. Halifax? After overcharging me for overdrafts (in one case attempting to claim that an account that has had *zero transactions* for 2 months spend over a week in overdraft. Then to my face claiming that this charge was correct!) I left. Except I couldn’t – as above, they kept coming up with increasingly bizarre reasons why the account couldn’t be closed. It’s still open – I gave up.
Probably they’ll try to slap a random fake overdraft charge on it, put it into a real overdraft then claim the resultant charges are 100% correct (I’m quite prepared to see them in court if they try..).

My wife had a fixed term ISA. They wrote to her saying it was about to be finished.. she rung up and they revealed that she must turn up *in person* on the *exact morning* of the day of maturity to close the account. As it happens they’ve closed the local branch, the nearest one is a few miles away, and she has an injured foot and can’t walk very far. She really tried, but just couldn’t make it. Halifax now say that because she was unable to make it it’s in another fixed term account *at 0.1% interest* and she cannot access the money for *another two years*. This is tantamount to theft – as they were told repeatedly that she intended to close the account, both before and on the day. Apparently it’s legal for banks to do this. In two years they’ll repeat the charade, and it’ll continue.

Halifax are just a legalised protection racket. Anyone considering doing *any* business with them needs their head examining.

]]> By: JOHN RANDLES http://www.themoneystop.co.uk/112009/whopping-overdraft-charges-from-halifax.html/comment-page-1#comment-7040 JOHN RANDLES Mon, 09 May 2011 20:54:58 +0000 http://www.themoneystop.co.uk/?p=3736#comment-7040 halifax...charged me 1 pund per day for being overdrawn...then they pulled out the 28pounds a day earlier to tip me in to the unarranged overdraft category of 5 pounds per day i was away at the time so didnt realise until i got back what they had done by which time the bill was nearly 180 pound ....absolutely ridiculous they can shove their account where the sun dont shine they wont see a penny of it from me halifax…charged me 1 pund per day for being overdrawn…then they pulled out the 28pounds a day earlier to tip me in to the unarranged overdraft category of 5 pounds per day i was away at the time so didnt realise until i got back what they had done by which time the bill was nearly 180 pound ….absolutely ridiculous they can shove their account where the sun dont shine they wont see a penny of it from me

]]> By: Irene White http://www.themoneystop.co.uk/112009/whopping-overdraft-charges-from-halifax.html/comment-page-1#comment-4529 Irene White Mon, 16 Nov 2009 20:29:47 +0000 http://www.themoneystop.co.uk/?p=3736#comment-4529 Halifax Building Society, should we be worried? Halifax has deposited our money into their matured funds account, and keeps finding reasons why they cannot release it to us. We have done everything they requested, well in advance, but their excuses are becoming increasingly bizarre. Is it incompetence or is there a policy of holding on to matured money (no interest payable) because of financial difficulties? Halifax Building Society, should we be worried?

Halifax has deposited our money into their matured funds account, and keeps finding reasons why they cannot release it to us. We have done everything they requested, well in advance, but their excuses are becoming increasingly bizarre.

Is it incompetence or is there a policy of holding on to matured money (no interest payable) because of financial difficulties?

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