I went to get some money from the ATM this morning. Displayed on the ATM was the message - "Great Current Account Interest Rates". This is a rather interesting message given that over the last year the interest rate on that particular account has fallen from over 4% to under 0.5% and that only a few days ago I received a letter from the bank telling me that it was being "reduced" to 0%.
They have, however, changed the name from a "High Interest Current Account" to just a "Current Account".
Apart from the need to pay things by direct debit I might as well keep that money in a box under the bed. I wonder how long it will be before they "reduce" it further and start charging me a fee to look after my money.
They have, however, changed the name from a "High Interest Current Account" to just a "Current Account".
Apart from the need to pay things by direct debit I might as well keep that money in a box under the bed. I wonder how long it will be before they "reduce" it further and start charging me a fee to look after my money.
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