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  • FIRST POST
    • Katy1963
    • By Katy1963 25th Aug 17, 6:15 PM
    • 4Posts
    • 0Thanks
    Katy1963
    Vanquis PPI
    • #1
    • 25th Aug 17, 6:15 PM
    Vanquis PPI 25th Aug 17 at 6:15 PM
    Hello
    I took out a Vanquis card back in 2007 until this month when i closed it. I have no original paperwork as i had online statements i cant access now as account is closed. I maxed out a good few times, my limit was 2500, over the years paid off, maxed out again ect. Ive no idea if i had PPI, i originally got the card to boost my credit rating, do you think it is worth pursuing a claim ? anyone had any success with Vanquis ppi? also any advice where to start as ive no idea how to do it. TIA
Page 1
    • zx81
    • By zx81 25th Aug 17, 6:17 PM
    • 13,189 Posts
    • 13,506 Thanks
    zx81
    • #2
    • 25th Aug 17, 6:17 PM
    • #2
    • 25th Aug 17, 6:17 PM
    Vanquis don't sell PPI, only ROP.
    • IAmWales
    • By IAmWales 25th Aug 17, 6:30 PM
    • 1,233 Posts
    • 2,611 Thanks
    IAmWales
    • #3
    • 25th Aug 17, 6:30 PM
    • #3
    • 25th Aug 17, 6:30 PM
    The ROP would have been listed separately on your online statement. Presumably if it was on there and shouldn't been you'd have queried it at the time?
    • Katy1963
    • By Katy1963 25th Aug 17, 7:17 PM
    • 4 Posts
    • 0 Thanks
    Katy1963
    • #4
    • 25th Aug 17, 7:17 PM
    • #4
    • 25th Aug 17, 7:17 PM
    What is ROP? at the time i was desperate to get any card i rarely checked a statement
    • societys child
    • By societys child 25th Aug 17, 7:30 PM
    • 4,549 Posts
    • 4,850 Thanks
    societys child
    • #5
    • 25th Aug 17, 7:30 PM
    • #5
    • 25th Aug 17, 7:30 PM
    "Return of premium (ROP) is a type of life insurance policy that returns the premiums paid for coverage if the insured party survives the policy's term, or includes a portion of the premiums paid to the beneficiary upon the death of the insured."


    It's not PPI.

    • Katy1963
    • By Katy1963 25th Aug 17, 8:03 PM
    • 4 Posts
    • 0 Thanks
    Katy1963
    • #6
    • 25th Aug 17, 8:03 PM
    • #6
    • 25th Aug 17, 8:03 PM
    So basically no claim here then?
    • zx81
    • By zx81 25th Aug 17, 8:19 PM
    • 13,189 Posts
    • 13,506 Thanks
    zx81
    • #7
    • 25th Aug 17, 8:19 PM
    • #7
    • 25th Aug 17, 8:19 PM
    You can't claim on a policy no longer in force.

    And you can't complain about PPI if you didn't have PPI.
    Last edited by zx81; 25-08-2017 at 8:22 PM.
    • Katy1963
    • By Katy1963 25th Aug 17, 8:27 PM
    • 4 Posts
    • 0 Thanks
    Katy1963
    • #8
    • 25th Aug 17, 8:27 PM
    • #8
    • 25th Aug 17, 8:27 PM
    can i claim ppi on other companys if no longer in force
    • zx81
    • By zx81 25th Aug 17, 8:30 PM
    • 13,189 Posts
    • 13,506 Thanks
    zx81
    • #9
    • 25th Aug 17, 8:30 PM
    • #9
    • 25th Aug 17, 8:30 PM
    No. But you can complain if you believe it was mid sold.
    • Jd23845
    • By Jd23845 28th Aug 17, 10:57 PM
    • 15 Posts
    • 3 Thanks
    Jd23845
    I made a claim with Vanquis for PPI and got back just under £800.

    I didn't have any paperwork and this was from 2006. I didn't even know if I definitely had it.

    I filled out a complaint on that resolver site with very little information. I then received a letter from Vanquis to say they were looking into it, a few weeks later I received a letter advising they would be refunding me.
    • bladerunna1
    • By bladerunna1 11th Sep 17, 11:15 PM
    • 1 Posts
    • 0 Thanks
    bladerunna1
    In view that the FCA are investigating Vanquis ROP as per MSS news of 27th August 2017 can we make a claim. This is probably worse than any PPI claim as they charged you a fee on every £100 balance you had on your card.
    • PLYSU
    • By PLYSU 11th Sep 17, 11:20 PM
    • 7 Posts
    • 0 Thanks
    PLYSU
    Hi. I would say claim the premium. The provvy have scammed the poor for decades. I have had 3 or 4 vanquis cards all with £30 cashback from Quidco.
    • Moneyineptitude
    • By Moneyineptitude 12th Sep 17, 11:58 AM
    • 19,301 Posts
    • 9,407 Thanks
    Moneyineptitude
    In view that the FCA are investigating Vanquis ROP as per MSS news of 27th August 2017 can we make a claim.
    Originally posted by bladerunna1
    No, you'll have to wait and see the result of any such investigation and whether you are personally impacted by any punitive action the FCA might take.

    You certainly can't complain solely on the basis that you've read about an FCA investigation.
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