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I am starting a claim for my wifes current account and she has had a royalties account. Does anyone know how much the charges were from 2000 onwards and when they went up over the last 6 years.
Hi,
I am currently at the same stage as you, from my statements it looks like the charges were £10 from April 2001 then £12 from April 2005.
I cant work out the charges previous to this, some months its just £5 then rises to £6, I was thinking of sticking to the £10 charge to keep on the safe side.
Complete novice here so don’t take this as a definite.
I had the same problem when I did my Natwest current account (their's is called advantage gold) I posted a similar thread on the NatWest forum and some one had a full list of what the charges where, so I hoping there is a similar guru for RBS.
Like you the only ones I can make out are the early ones of £5 then rising to £6 but I'm not sure when as they bundle the penalty charges in with the royalties charges.
I have just read your post an you are spot on, I have succesfully claimed from my Natwest current account. they have a similay thing to royalties called advantage gold and also lumped the fee in with the penalty charge for that month. All I did was take off the advantage gold fee from that months account charges before I put it on my schedule of charges.
The problem I had with my natwest account was that the charge went up in stages from £6 to £12 and it was finding out when these increases occured. However natweststaffmember gave me a link to a post which detailed all natwest's charged and when they went up whcih was increadibly useful. I was hoping there might be something similar for RBS
Looking at my wifes statements it looks like in 2002 the rolalties fee was £5 and then at some point it went up to £6. I am guesing this was around march 2005 as the account fee she was regularly geting went up from £33 to £34 (which I presume was part penalty charge and part royalties fee)
I am going to get my wife to give the bank a call and see if she can get clarification on this.
Ah missed that bit. For the sake of a few quid, I didn't bother with that.......but can understand the point in doing this. If this helps I was on Royalties Premier in 2004 and in July it was £14 and August it was £15. Whether that was an increase across the board I wouldn't know. Doesn't look as though it ties in with yours though?
If you do manage to get clarification of when the charges increased let me know and I will add it to my thread
If my post has been useful, tip my scales and let me know