TD tells bank customers ‘to vote with their feet’

An opposition TD has called on bank customers to “vote with their feet” after being hit with unexpected 50% hikes on charges linked to some accounts.

Fianna Fáil finance spokesman Michael McGrath made the comment in response to the move by Permanent TSB in recent weeks.

In a move that has been defended by the bank, PTSB has drastically increased the cost of charges on what it described as “older legacy current accounts”.