Over 1 Million Complaints Lodged Against UK Banking Products in 2019 H1

The latest data has highlighted the number of complaints to the Financial Conduct Authority (FCA) in the United Kingdom (UK) during the first half of 2019. Data gathered by Learnbonds.com indicates that during the period under review, over 1 million complaints were lodged regarding banking and credit card products.

Current accounts registered the highest number of complaints at 590,663. Credit card complaints came second with 354,806, while 99,600 complaints were lodged in regards to packaged accounts.

Other unspecified banking complaints registered 33,572 cases, while savings and ISAs accounted for 74,614 complaints. Under the banking and credit card complaints, overdrafts also registered 43,736 cases in the period under review…….. see full article source: