Andy Pandy added these comments in the current discussion du jour
....

They might offer you a "goodwill gesture".

Sure, that's what Socialist business do, right? Not! They do what the
government tells them to do. The OP got exactly what he deserved, as
do ALL the Brits who eventually get screwed by their own government
along with all that "free" healthcare they always brag about.

--
Jerry, aka HP

"If you are out of work and hungry, eat an environmentalist" -
Florida billboard

james added these comments in the current discussion du jour ...

... I heard on the
radio early thursday morning that Barclays Bank have cut their
interest rates on their ISA's from about 4.0% to 0.1% without
telling anyone.

Luckily its painless to get some forms from the Building Society
next door and they do all the work transferring the account and
are paying thirty times as
much interest.

When I went into Barclays and complained about changing the
interest rates without telling anyone. He said with a smirk on
his face; " It's a variable rate, sir ". Do they teach them
to reply with answers like that ? DUH

again, you Limeys simply MUST read your contracts! Banks CANNOT
change interest rates on a whim, UNLESS the contract says they can.
I simply can't believe that ANY bank would even be offering 4% on
whatever an ISA is these days, 0.1% is much more like the going
rate on ordinary savings accounts. It is ONLY CDs that pay more,
and to get into the 4% range, one must either buy a really risky CD
backed by a municipality or some company OR it is a teaser rate and
will drop drastically after a short time. Either way, the bank DOES
publish it's rules, but you MUST read them! Being stupid WILL cost
you money, friends.

--
Jerry, aka HP

"If you are out of work and hungry, eat an environmentalist" -
Florida billboard

Invisible Man added these comments in the current discussion du
jour ...

Hidden in the conditions most banks etc tell you how they will
advise you of interest rate changes and when.
For some changes are poorly advertised and often notification is
some time after the change.
I check rates for my accounts monthly. Eg. Egg have recently
lost one of my cash ISAs ISA having issued a new account at 2.5%
and cut the rate on my slightly older account to 1.55%

Exactly. Usually, they have a pretty brochure with the big numbers in
it but you have to ASK to see the "fine print". It is almost NEVER
the case that a bank will volunteer some draconian measures.

--
Jerry, aka HP

"If you are out of work and hungry, eat an environmentalist" -
Florida billboard

"HEMI-Powered" wrote in message
...
Andy Pandy added these comments in the current discussion du jour
...

They might offer you a "goodwill gesture".

Sure, that's what Socialist business do, right? Not!

Learn to rean, loon.

--
Andy

On Sun, 07 Jun 2009 09:22:56 -0500, "HEMI-Powered"
wrote:

Andy Pandy added these comments in the current discussion du jour
...

They might offer you a "goodwill gesture".

Sure, that's what Socialist business do, right? Not! They do what the
government tells them to do. The OP got exactly what he deserved, as
do ALL the Brits who eventually get screwed by their own government
along with all that "free" healthcare they always brag about.

Actually one of our credit cards just dropped our rate...no strings
attached.

"HEMI-Powered" wrote in message
...
... I heard on the
radio early thursday morning that Barclays Bank have cut their
interest rates on their ISA's from about 4.0% to 0.1% without
telling anyone.

Luckily its painless to get some forms from the Building Society
next door and they do all the work transferring the account and
are paying thirty times as
much interest.

When I went into Barclays and complained about changing the
interest rates without telling anyone. He said with a smirk on
his face; " It's a variable rate, sir ". Do they teach them
to reply with answers like that ? DUH

again, you Limeys simply MUST read your contracts!

You haven't read the Barclays ISA contract, have you, ignorant ranting little
septic? I have. It states he's covered by the banking code. The banking code
section 4.8 states they must contact him if the interest changes significantly.

Now **** off into my killfile you useless waste of bandwidth.

--
Andy

"HEMI-Powered" wrote in message
...
BigGirlsBlouse added these comments in the current discussion du
jour ...


National savings have been doing that for months... till income
bonds paid next to nothing..and thats gross paid.
But this week I received a postal notification that their rates
on income bonds were rising!
...still to compensate at least Ill be paying less tax!... since
the government owns both NS and HMIR

What part of "it's their business to run as they please" don't you
people understand?! Absent some bull**** Socialist crap in places
like the UK, private companies whether privately held, publicly held,
government regulated to some extent or not are free to raise and
lower interest rates on their savings accounts - IF the contract you
agreed to when you opened the account gives them authorization to do
so.

Depending on whether the account is an ordinary savings, checking, CD
or many other types, the "fine print" may say that the interest rate
is locked in for a specified period of time. This is typical for
longer term accounts like CDs, but MAY allow for an initial "teaser"
rate to go away after 3-6 months or under other conditions.

It is ALWAYS a good idea to read ALL contracts that you either sign
with a bank or tacitly "agree" to simply by opening the account,
e.g., they have a brochure that describes this sort of thing.

So, friends, as the international, national or even regional interest
rates rise and fall due to bank competition, special offers, and
government monetary policy changes, your rate can and almost always
WILL change over time. Right now in the US, ordinary "passbook"
accounts or interest-bearing checking accounts are down around 0.2%,
maybe 0.3%. What do you expect, 15% like during the Jimmy Carter
"stagflation" years?

It is exactly the stupidity of buyers of so-called sub-prime
mortgages NOT reading their ARM contracts that caused the global
economic meltdown by deluding the stupids of the world to buy more
house than they could really afford when they had no clue as to how
an ARM works. So, either RTFC or talk to your local Socialist
government official, either way, you get what you asked for.

--
Jerry, aka HP

"If you are out of work and hungry, eat an environmentalist" -
Florida billboard

what are you on?..... can I have some?

"Andy Pandy" wrote in message
...

"HEMI-Powered" wrote in message
...
Andy Pandy added these comments in the current discussion du jour
...
You should have pointed the patronising git at the banking code,
which Barclays are signed up to:

http://www.bankingcode.org.uk/pdfdoc..._CODE_2008.PDF

See section 4.8. Clearly they did drop their interest rate
significantly wrt the BOE rate, and so should have told you.
Unless you have less than £250 in the account. Send them a
complaint:

http://ask.barclays.co.uk/help/day2d...g/banking_code

Why don't you dumb ass Limeys go found your own NG?

What do you reckon the uk in "uk.finance" and "uk.d-i-y" stands for? You a
septic I guess?

I really get
tired of you Socialists complaining about all the perceived
injustices in your world of stupid and lazy people being subsidized
by the inteligent and hard working.

Ha ha! Your new president is more socialist than our government, and we're
getting rid of them soon. And your previous ones - what kind of brain dead
government passes the Communities Reinvestment Act which forced banks to
make
subprime loans? That's more socialist than anything our governments have
done in
the last 30 years.

--
Andy

here here Andy.... as you say the yanks are turning out to be more socialist
than our lot!.... having said that, you have to agree though that on october
13th socialism bailed out wanton unfettered captialism!

"Andy Pandy" wrote in message
...

"HEMI-Powered" wrote in message
...
... I heard on the
radio early thursday morning that Barclays Bank have cut their
interest rates on their ISA's from about 4.0% to 0.1% without
telling anyone.

Luckily its painless to get some forms from the Building Society
next door and they do all the work transferring the account and
are paying thirty times as
much interest.

When I went into Barclays and complained about changing the
interest rates without telling anyone. He said with a smirk on
his face; " It's a variable rate, sir ". Do they teach them
to reply with answers like that ? DUH

again, you Limeys simply MUST read your contracts!

You haven't read the Barclays ISA contract, have you, ignorant ranting
little
septic? I have. It states he's covered by the banking code. The banking
code
section 4.8 states they must contact him if the interest changes
significantly.

Now **** off into my killfile you useless waste of bandwidth.

--
Andy

no don't kill him.... he makes me feel better for one, knowing what stupid
buggers some of those yanks are.

HEMI-Powered coughed up some electrons that declared:

Andy Pandy added these comments in the current discussion du jour
...

They might offer you a "goodwill gesture".

Sure, that's what Socialist business do, right? Not! They do what the
government tells them to do. The OP got exactly what he deserved, as
do ALL the Brits who eventually get screwed by their own government
along with all that "free" healthcare they always brag about.


I'd rather give my money to a public NI scheme, then receive even limited
healthcare without further ado, than have some dodgey arrangement with bent
private insurance companies who will try to argue their way out of paying
everytime I want to see the doctor.

So **** off you septic ******.