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Bank charges 'tricky' to keep up with

Bank charges are difficult to keep up with and are often tricky and time consuming, an expert has claimed.

Alessandra Quartucci, head of current accounts at Confused.com, said that people have trouble keeping up with all the different bank charges and rates associated with their account, which could be losing them money.

She said: "Customers could potentially save themselves money, or earn more in interest, by regularly reviewing their accounts, ensuing they have the right features and facilities for their needs and switching to make the most of the best new deals to the market."

Ms Quartucci's comments follow a report by Barclays bank which found that nearly three-quarters of adults in the UK believe themselves to be £70.73 better off than they actually are.

It revealed that Londoners were the most out of touch with the state of their personal finances, overestimating their bank balances by an average of £90.62.

For free advice on how to make a PPI ClaimPayment Protection Insurance claim or a credit card charges claim then call Belmont Thornton on 0845 526 0000 or fill in the Quick Claim form to be sent a free PPI Claim pack or credit card charges claim pack.

Posted by Amir Hussain

Amir specialises in personal loans, consumer debt and debt management.
 ADNFCR-2776-ID-800070342-ADNFCR



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