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High charges

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1 Oct 23rd, 2009 

2 Ciao members have rated this review on average: helpful

Advantages:
Nothing that anyone else can provide

Disadvantages:
Charges, lack of information

Recommendable No:

Detailed rating:

Competitiveness of charges

Coverage of national/international markets

Online - Content/organization of site

Online - Reliability/speed of site

Online - Ease of applying for products

Online - Investment tracking

mckcol

mckcol

About me:

Member since:23.10.2009

Reviews:1

Be careful and read the small print..

£5 per quarter per account - that is times 2 if you have an ISA account (you need a standard account as well), this is not clear in their charges structure.

Exit fees are high £60 PER ACCOUNT - I am trying to get out now, so another £120 down the drain.

Statements are only available online for 1 year - I didn't realise, and if I want statements now it is going to cost £££. I didn't realise my standard account was overdrawn due to charges ( when online I only checked my ISA account), with added interest, the deficit is now over £300. No reminder emails over 6 years that account balance was in arrears.

I have asked if their terms and conditions have changed over the past 9 years, and whether I was notified - the emails are now ignored.

I would not recommend. 

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