My bank made a profit from me - how do I reclaim it?

damo101

a little irony in my post too!!!

Al_Mac

I thought the charges were illegal, was told they were just unlawful.

Went along with that happily. Apparently the charges are not unlawful, just the size of the charges

So why aren't people just claiming the excessive charge back, not including an acceptable charge

One for another day:D

Tim_L

Quite simply because the banks are not providing any information on the actual cost to them of transgressions. And of course they are grudgingly paying the full amount to anyone proceeding with a claim through the courts.

Debt_Free_Chick

Can I complain about M&S please?

They buy knickers in at 50p each and then sell them to me at £4.99.

It is clearly unfair that a big company should be making a profit from my business. Please advise me on how I can reclaim this money.

Al_Mac

Tim_L wrote:

Quite simply because the banks are not providing any information on the actual cost to them of transgressions. And of course they are grudgingly paying the full amount to anyone proceeding with a claim through the courts.

To be honest, it isn't worth the banks challenging it. The number of customers involved is very, very, very small, as a percentage of customer base. A number of them are not really a profit making group:eek: so glad to be rid of.

If it takes off into large numbers, might not be a bad thing, there will be a test case. I suspect the banks will lose;) Then fairer charges all around:rotfl:

Al_Mac

Debt_Free_Chick wrote:

Can I complain about M&S please?

Me as well, they have all this frilly underwear on display and Mrs Mac always, always comes home with harvest festival knickers:eek:

nearlyrich

I am going to lock this here, there are other discussions on claiming back bank charges right or wrong.