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Balance transfer mix-up meant my £3,500 credit card bill was ‘rejected’ but ended up on both cards… and left me charged interest I’d tried to avoid Neil Seagrave, 35, applied to make a balance transfer at the start of March He thought the money had been sent from Sainsbury’s to HSBC but it wasn’t The … Read more
It’d be fair to say that Isa season 2020 has been somewhat overshadowed by more pressing global events. But although two cuts to the Bank of England base rate, a cheap funding scheme for banks and an economic shutdown mean any hope of new top tax-free savings rates has vanished, the underlying rules remain the … Read more
The widow of Alan Merrill, who co-wrote and sang the original version of the classic track ‘I Love Rock ‘N’ Roll’, has revealed the torturous 15 hours she spent in a New York hospital trying to get her husband transferred to an ICU unit before he sadly passed away from health complications caused by coronavirus. … Read more
Britons have lost £1billion to bank transfer fraudsters in just three years, research shows Security measure called ‘confirmation of payee’ due to be introduced this month This checks the name of the payee matches the identity listed for the account Just the six biggest banking groups have been told to offer scheme by March 31 By … Read more
Why wouldn’t Barclays let me close my account and move £38,000? Customer left waiting EIGHT weeks to transfer foreign currency Robert Cooper closed his main Barclays current account in 2017 Last December, he tried to close three foreign currency accounts and move cash For eight weeks a string of bank employees told him he was … Read more
Fraud fund used to pay back blameless scam victims extended AGAIN as squabbling banks can’t decide on a long-term solution Seven banks including the UK’s biggest names have been funding a central pot This was initially due to run out at the end of 2019 and be replaced Banks cannot decide on a long-term solution … Read more