Jump to content


Closing account before charges applied.


tom a
style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4031 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

I have a Nationwide Flex account which I hardly use but it is set up to pay my PayPal payments.

Last week I bought 4 items off ebay totalling £2.97 but didn't realise I had a 0 balance at Nationwide.

The payments bounced and the wonderful people at Nationwide have informed me I will be charged £60.

I've printed form off to close account but I am wondering what will happen about the £60 charges?

Been into my local branch and they were has much use has a chocolate teapot.

Any advice please ?

Thanks in advance.

Link to post
Share on other sites

ring them ex[lain the problem and usually they credit account the charges 1st time. never pay the £60.00 for charges on such a small amount seems alot to me only £15.00 per item normally.???????????

:mad2::-x:jaw::sad:
Link to post
Share on other sites

I would think the account will now have a £60 negative balance which will have to be paid before they would close the account, if not they will persue you for it :(

 

Like MIKE770 has said if it's the first time they are likely to refund the charges.

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

Link to post
Share on other sites

£60 for £2.97 is well out of order, you need to get the account closed asap, and make a formal complaint to Nationwide that the charge is excesive.

This needs tpo be in writting and by recorded delivery.

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

Link to post
Share on other sites

Yes, try to reason with them, then close the account. They will report to the CRAs for a negative balance, so you need to act swiftly. If necessary, write to their Head office. That seems an awful lot for £2.97 !

Have we helped you ...?         Please Donate button to the Consumer Action Group

Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

Link to post
Share on other sites

Thanks for the prompt replies.

Tried to reason in branch today put not a chance. We had a refund 3 years ago so they won't do that.

Will write to head office but there's no way I'm paying the £60. When I asked girl in branch why they pay the amount then bounce it she said they give a temporary overdraft then take it away.

Easy way to make money if you ask me.

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...