Hike in packaged account complaints

Press Association
frustrated young businessman...
frustrated young businessman...

%VIRTUAL-SkimlinksPromo%Complaints about paid-for current accounts have more than doubled over the last year amid a sharp increase in people saying they were mis-sold one of these products, figures from the ombudsman reveal.

Some 3,107 new complaints were made to the Financial Ombudsman Service (FOS) about "packaged" accounts in the first three quarters of this financial year, surging from 1,629 cases for the whole of the year 2012/13.