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Fin24 user Grant Mitchell writes:
While everyone is
celebrating Nedbank’s results today (yesterday), I thought I would do a little exercise and show you how they are screwing (sic) their
customers with fee increases.
I have attached a spreadsheet (simple layout with
accompanying graphs) just to show how
they slowly add in maintenance fees in 2012 while testing the water with them
The net result is that for the period in question my fees have
increased by around 48% (this is for a small account). You can dress-up a
rip-off up and call it another name but it is still a rip-off.
To view the spreadsheet, click here
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