Author Topic: Tesco Bank Fraud  (Read 10523 times)

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Offline Colwyn

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Re: Tesco Bank Fraud
« Reply #10 on: November 07, 2016, 10:16:16 AM »
I doubt whether there are many CBF members who would be relying on this forum to help them with problems over Tesco accounts. But, just in case, here is a summary of Tesco's current position:

Tesco Bank has halted online payments for current account customers after money was taken from 20,000 accounts. The bank's chief executive Benny Higgins told the BBC he was "very hopeful" customers would be refunded within 24 hours. About 40,000 accounts saw suspicious transactions over the weekend, of which half had money taken, he said. Customers will still be able to use their cards for cash withdrawals, chip and pin payments, and bill payments. They can also use online banking, but cannot make online transactions until the situation is back under control.

So it looks like it may be inconvenient but no more than that.

As it happens, I do have a Tesco account, but since the balance stands at £0.01, and since I use different security details for each of my banks, I shan't worry too much about being hacked. (It only has one penny in it because it is a remnant from the days when Tesco offered a useful interest rate).

http://www.bbc.co.uk/news/business-37891742




Offline Jacqui Harvey

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Re: Tesco Bank Fraud
« Reply #11 on: November 07, 2016, 10:38:28 AM »
Fingers crossed, Alan feels it will be only be an inconvenience for him.
I am sure Tesco will refund him, before his coal arrives.  It is quite cold in Scotland at the moment.

Quote...
Alan Baxter from Berwick-upon-Tweed said he had lost £600, leaving him with just £21.88 in the bank.
He said: "Tesco said they couldn't offer me emergency funds but would offer £25 as a goodwill gesture.
"I've got food and petrol to pay for. I have a delivery of coal coming tomorrow for our coal-fired heater and I won't be able to pay."

Offline Colwyn

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Re: Tesco Bank Fraud
« Reply #12 on: November 07, 2016, 10:55:56 AM »
Alan will no doubt be pleased that he can make card payments for food and petrol. Also coal if the merchant has this facility.

Offline Jacqui Harvey

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Re: Tesco Bank Fraud
« Reply #13 on: November 07, 2016, 10:58:03 AM »
Perhaps Alan does not have a credit card?  Fingers crossed again that he does. 

Offline Colwyn

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Re: Tesco Bank Fraud
« Reply #14 on: November 07, 2016, 11:10:16 AM »
Perhaps Alan does not have a credit card?  Fingers crossed again that he does.
So he can use his debit card. Or write a cheque. Or draw money from an ATM.

Offline kevin3

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Re: Tesco Bank Fraud
« Reply #15 on: November 07, 2016, 12:21:42 PM »





                       Or freeze to death.

Offline Colwyn

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Re: Tesco Bank Fraud
« Reply #16 on: November 07, 2016, 13:11:19 PM »
Now, now, Kevin. Don't you start inflating this problem as well.

Offline Colwyn

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Re: Tesco Bank Fraud
« Reply #17 on: November 07, 2016, 13:33:01 PM »
I logged on to Tesco Bank to see how it was doing. To my surprise I found that I had £1.36 more in my savings account than I thought. I had an end-of-year bonus interest payment 3 years ago that I had overlooked. So I transferred the extra into my Santander current account. Three minutes later it was there.

Offline kevin3

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Re: Tesco Bank Fraud
« Reply #18 on: November 07, 2016, 14:03:04 PM »

   Colwyn

   You've got money to burn, send some to Alan until he gets some coal.     :)

Offline stoop

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Re: Tesco Bank Fraud
« Reply #19 on: November 07, 2016, 17:45:20 PM »
Alan put all his eggs in one basket.
Someone knocked the basket over and broke most of his eggs.
Don't put all your eggs in one basket.
Don't be like Alan  ;)

On a serious note - we have a few accounts with them but not a current account. Checked all of them and our money is still there. However if anyone wants to take money from our Tesco credit card balance they are more than welcome  ;)




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