A step ahead

Finweek English Edition - - Letters -

I COM­MEND Fin­week for its stance against this ca­bal of banks. I have for many years at­tempted to min­imise the ways in which th­ese artists uplift monies from their cus­tomers with im­punity. But I think you’ll find that Dis­cov­ery is one step ahead of you, if you’re sug­gest­ing your med­i­cal aid pre­mium can be deb­ited to your credit card ac­count. (Ref­er­ence: Vic de Klerk‘s re­port head­lined “Cut your bank charges your­self” – 21 Au­gust).

That would de­prive their par­ent (in this case, FNB) of much-needed ex­tra rev­enue, so Dis­cov­ery stip­u­lated that only cash or a debit to a bank ac­count is ac­cept­able to them as a means of re­cov­er­ing pre­mi­ums. HOWARD CAL­LAGHAN

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