winsor68 Posted September 22, 2010 Posted September 22, 2010 First let me say that this is very serious and that this group doesn't do things by halves. -------------------------------------------------------------------------------- Getup! is backing a class action lawsuit against the big banks to recoup for consumers over $1 billion dollars a year in unfair bank fees - fees that hit the most vulnerable Australians the hardest. Do you want to add your name to the case? If yes go to this website and register... GetUp! Campaign Actions At one time or another, most of us have been charged a "penalty fee" if we've accidentally overdrawn our bank account or been a few days late in paying a credit card bill. But by definition these fees - which can be $30, $40, $60 a transaction - hit the most vulnerable Australians the hardest. These fees aren't just irritating or unfair: there's a strong argument to be made that they're actually unlawful, because corporations don't have the right to penalise their customers, only to recoup their own costs when required. When we accidentally overdraw a credit card or account, the actual cost to banks is just a few dollars, but they charge in extreme excess of that. So why do banks pad their already profitable bottom line at the expense of their most vulnerable customers? Simple. Because they can. The banks think they can get away with it, because we don't have the time or energy to individually dispute every one of these charges. But if we each take a moment to act collectively, as hundreds of thousands of bank customers, we can put an end to these penalty fees for good. N.B. The Banks Getup! will take the action against are the 12 BIG Aussie Banks. 1. ANZ 2.Bank of QLD 3. Commonwealth 4. BankWest 5. Bank SA 6. Bendigo Bank 7. Citibank 8. HSBC 9. NAB 10. St George 11. Suncorp 12. Westpac Getup! is really serious about this... and the banks know they are in the wrong. People are already reporting that the banks have stopped charging these outrageous fees... this action is about getting back the money already stolen. Winsor68
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now