A UK Personal Finance Blog – The result of direct exposure to the fallout of the financial crisis.


Tribute Paid to Cash Machine Inventor John Shepherd-Barron


Find in Banking May 20th, 2010 - 432 views

This is an article I’ve been sent so apologies if you’ve read it somewhere else.
There is no doubt the cash machine has had a massive impact on the way we access and ultimately spend cash across the world and so respect is most definitely due.
‘Tribute Paid to Cash Machine Inventor’ – Good one! Wish I’d [...]

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Barclays Bank Addresses Unlawful Charges


Find in Banking July 2nd, 2008 - 7,216 views

As a customer of Barclays I can only comment on what I know although it may be the case that other banks have already put measures in place to placate the masses regarding bank charges.
Barclays have introduced a ‘reserve amount’ in addition to the pre-agreed overdraft limit to act as a buffer. Mine’s £250 in addition [...]

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Unlawful Bank Charges – What’s the Alternative?


Find in Banking January 14th, 2008 - 1,390 views

It’s all over the news and I heard Martin Lewis (MoneySavingExpert.com) getting quite emotional on the radio today about unlawful bank charges.
Of course we’d all love to have totally fee free banking and yes it’s true banks don’t only make money by charging fees. Here’s an informative thread on the consumeractiongroup.co.uk forum http://www.consumeractiongroup.co.uk/forum/campaign/47583-how-banks-make-their.html.
The recent events [...]

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Bank of England Base Rate – Interest – ed?


Find in Banking July 26th, 2007 - 2,013 views

In changing times when the interest rate is rising and is said to continue doing so, it pays to know where you stand.
Keeping an eye on the Bank of England base rate can give you some idea of trends and so can keeping updated on inflation and inflation reports.
So where can you go to keep updated?
The answer [...]

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Reclaiming Bank Charges by Phone


Find in Banking January 25th, 2007 - 1,081 views

I originally intended to send to my bank a copy of the letter on my previous post, the letter for reclaiming bank charges.
I reviewed my recent statements, totaled up the charges I felt were unlawful based on information I found at thisismoney. I also noted the dates on which these charges occurred.
I then realised I [...]

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Reclaim Bank Charges Letter – Get Back Unlawful Fees


Find in Banking January 25th, 2007 - 4,114 views

So here it is. The letter that could help get your bank charges repaid to you.
There’s been a lot of hype about this recently and I’m actually about to give it a try for myself.
Replace required sections with your own details:
 
Dear Sir/Madam,
Ref: account number: (your account number)
I understand that the charges applied to my account [...]

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Any information shared on UKMoneyPot does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser.