A selection of comments from a report in the Sunday Mail paper today


AUSTRALIANS are paying some of the highest banking fees and charges in the Western world.

The margins – the difference in the rate at which banks borrow and the one at which they lend to you – are 1.31 in the UK and 1.89 percentage points in Australia.

The research also reveals that over the life of a typical Australian mortgage, borrowers pay $6,712 in costs, compared with $5,086 in Britain

Credit-card holders are also getting a raw deal. Australian banks take a 9.1 per cent margin compared with 7.55 per cent in the UK.

The average customer here spends $96 a year on monthly fees, ATM transactions and other standard charges compared with $56 in the UK.

I'm so sick of banks and their fees for this and charges for that, that I reckon it's time to get the old shoebox out and stash it under the bed!







If only I had summat to put in it!!! :( ;)

lol!!!

the old chap who lodges with my mum has over £4k in a box in the bottom of his wardrobe :o
plus several grand in his post office account......his reasoning, in his words, ''so t'bluddy dhss cant get their thieving hands on it'' lol :D

we dont seem to do too bad with charges.....we have a free overdraft with the halifax, which stays free providing at least £1000 a month goes in....not too hard with both wages and child benefit going in. interest is minimal - its usually about £3 or £4 a month (cos we are ALWAYS overdrawn :lol: ) and savings sit in the ISA's or the kids tax free savings accounts :D