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cdd
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WillPS wrote: Thu 02 Dec, 2021 00.20 It says it all that JPMorgan Chase think it's a better bet to start from scratch and follow the Starling/Monzo/Revolut digital-only model than to take over a business like TSB.
The only problem with the challenger banks is that they seem just as eager to charge loads of tiny little fees as the legacy players. Also most of them want £150 a year for some dubious catalogue of benefits, and intentionally hobble their free product in annoying ways to drive upgrades.
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WillPS
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cdd wrote: Sat 04 Dec, 2021 00.04
WillPS wrote: Thu 02 Dec, 2021 00.20 It says it all that JPMorgan Chase think it's a better bet to start from scratch and follow the Starling/Monzo/Revolut digital-only model than to take over a business like TSB.
The only problem with the challenger banks is that they seem just as eager to charge loads of tiny little fees as the legacy players. Also most of them want £150 a year for some dubious catalogue of benefits, and intentionally hobble their free product in annoying ways to drive upgrades.
I'm not sure how you can construe that as a problem, it's neither an advantage nor disadvantage because (as you note) it is all comparable to the legacy banks.
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