Halifax Easycash Account, penalty charges or not

[simonjohn]

While reading the T&Cs of the Easycash account

 

What struck me, was the charges & interest for unauthorised overdrafts.

 

Failed item charge,

 

Over 18 £39 (upto three charges per day).

 

Under 18 no charge.

 

Now to my mind anyone under 18 is clased as a minor, and can not form a contract with another party under law, which may very well explain why they are not charged, However anyone 18 or over can.

 

Now if this is the case, then surely the £39 charge for 18 and over is a result of the breach of contract with the bank, and indeed a penalty charge as opposed to a pre-estimate of their loss.

 

Can you see where this is going ?

If charges for under 18s are not taken, but over 18s are charged then surely this is contractual penalty charges.

[simonjohn]

This topic was closed on 03/06/19.

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