Greedy banks

At a time when Banks are soon to no longer offer free banking it seems ironic that the Halifax can offer £100 to anyone who uses their current account switching service to move their account to them.

Quite clearly it can’t cost that much to maintain a bank account. In this day and age with computers doing most of the work, the costs of an account must be coming down.

So clearly the only reason to no longer offer free banking is for banks to boost their profits at a time when they are already announcing billion pound figures.