Does anyone know how the monthly fee for an RBS royalties gold account shows up on a statement ?

I seem to get a charge mid month that just says CHG TO 01JAN A/c xxxxxx.

I think this might be it as i seem to get it even if there have been no charges, but it's not always the same amount. It's a minimum of £10, but sometimes £30 or £40. Do I need to take £10 off each of these before I try to claim it back ??

You should not be getting 30 or 40 quid charges !!

Hi Steveandluc, I'm sure that they charge £10 for the Royalties Gold account. As for the £30 or £40 charges I expect them to be some sort of maintenance charge for maybe being over your overdraft limit or having a returned dd or s/order the previous month. I'm also unsure about these service charges as I have these charges most months at £22.50 (with clydesdale) normally for being over my overdraft limit after having a returned s/o. I'm also wondering if you can claim some of this back.

Good luck

davg

Hi steveandluc

a Royalties account started off at £9 and has increased to £10

at the same time overlimit fees have increased from £15 to £20

** edit **

just checked again

sometime in 2005 the "charge" for overlimit went up to £28

** edit **

sooooo

if you get chg to act of £24 this will be £9 + £15

or if you later get chg to acct of £30 it will be £10 + £20

-----------------------------------------------------------------------------------------

** or if you get a charge to account of £40 it will be (£12 + £28 ) **

my account changed to premier (£15) in late 2005 so gold charges may have gone up to £12 (dont know)

(if the royalties gold has gone to £12 then chg to acct will be £40)

------------------------------------------------------------------------------------------

latest charges are unpaid d/d £38, referal fee(bounced cheques) £30 overlimit £28

BASICALLY WHAT I AM SAYING IS TO CHECK YOUR STATEMENTS

IN THE EARLY DAYS IT WILL BE 9+15 THEN 10+20 THEN MAYBE 12+28

do the maths and work it out

this only applies to "charge to Account"

only claim the "extra" ie £15, £20 or £28

Sorry this started out simple and has grown horrendous

hope this helps

Dave

The service charge is an agreed one since it covers extra benefits from the account.(or certainly should do ) these extras usually include extra interest discounts on services/shopping etc.

Aside from the monthly charge for that I would class the others as penalties.

So anything over the 10.00 per month I would claim for.

As a matter of fact if it can be shown that you have had no benefits from paying this extra charge then I would consider that as well.

As a matter of fact if it can be shown that you have had no benefits from paying this extra charge then I would consider that as well.

When I had a Royalties account the only benefit of interest to me was a £100 free overdraft. Assuming that a free overdraft is still part of the Royalties package, I don't think you could claim that charge back.

Thanks everyone, that's pretty much what I thought. I'll subtract the royalties service charge and claim the rest.

Thanks again.