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Janet
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Posts: 1,400
Happy New Year
In article >,
says...
>
> On Wed, 6 Jan 2016 13:46:32 -0000, Janet > wrote:
>
> >In article >,
> says...
> >>
> >> On Tue, 5 Jan 2016 20:30:47 -0000, Janet > wrote:
> >>
> >> snip
> >> >
> >> > But not evenly. I am a bank customer who pays no banking costs or
> >> >charges of any kind for the services I use.
> >> >
> >> > Other customers do, the ones who pay interest on bank loans and over
> >> >drafts, and run up huge CC debts at awful interest rates. They are
> >> >subsidising me.
> >> >
> >> > Janet UK
> >>
> >> Generally that privilege is offered to customers who maintain a
> >> certain balance with the bank. Your payment for services is
> >> essentially lending the bank your money, interest free.
> >
> > Er, no. The bank pays interest to ME :-)
> >
> >
> > Janet UK
> >
> >
> sure, but not nearly the amount they are making on your money. No
> bank is giving anything away for free.
> Janet US
Just bank current account interest here, is more than twice what Dave
gets on his best savings account.
Janet UK
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