Worse, many customers exchange any unspent currency back to pounds at the airport, meaning a double-whammy of
poor rates.
The deal emerged the day Mirror readers overwhelmingly voted Barclays Britain's worst bank, with complaints of high charges and
poor rates.
Two-thirds think the banks only offer such poor rates because they think customers won't switch;
Two-thirds don't think they offer good enough customer service to justify their poor rates.
That's because not only do they offer poor rates (0.1 per cent interest on credit balances versus more than three per cent elsewhere and overdraft rates up to twice as high as the best on the market, for example, NatWest's 17.8 per cent versus Halifax's 8.9 per cent), but, in this year's Which?
First, make sure you are not leaving large amounts in instant access accounts that pay
poor rates.
A second school was also created,
poor rates were doubled, a fuel house was established to subsidize wood for heating, and a number of private charities were created.
Fleming Premier Banking found that six out of 10 savers had their money in old savings accounts paying
poor rates of interest.
Customers locked into poor rates are now free to move to other providers without incurring penalties, banking watchdog The Banking Code Standards Board has said.
Also, Tessa providers paying poor rates will have to raise those rates to what is deemed an acceptable level.
CUSTOMERS locked into poor rates on their Tax Exempt Special Savings Accounts (TESSAs) will be free to move to another TESSA provider without penalty, banking watchdog the Banking Code Standards Board said today.
In addition TESSA providers paying poor rates will have to raise those rates to what is deemed an acceptable level.
Most banks and building societies pay pretty
poor rates on savings in ordinary branch-based accounts.
