Google

Sunday, September 22, 2013

wasting golden years on banks

Golden years lose lustre as Bank of Ireland raises age for free banking - Consumer News & Advice | Pricewatch, Money Advice | The Irish Time - Mon, Sep 23, 2013: "Bank of Ireland has been accused of “kicking loyal customers in the teeth” over its decision to impose charges on all its customers until they reach the age of 66.
At present, customers aged 60 can apply for a Golden Years account, which has no fees. The bank has said that from next February people will qualify for free banking only when they reach 66.
A spokeswoman said the bank’s motivation was to synchronise its account structures with the State pension qualifying age coming into effect next year.
Consumers’ Association of Ireland chief executive Dermott Jewell accused the bank of engaging in a “cynical” attempt to extract more money from more of its customers."

'via Blog this'

No comments: