New to this...but worth a try....

chich

So much about ppi and bank charges reclaiming....and a friend who recently got a large amount back.....so....

I have a Barclaycard with only a small credit limit however have experianced payment problems...

It wasnt until reading things on here i took a closer look and now see why i am £147 over my agreed limit...its interest and optional ! payment protection.......

PP is £3.67 a month...Interest on standard balance £6.75 and then Interest on cash balance .£2.88...why two lots of interest ???

Adding this up a year is a lot when you have not got much....

Is it worth a try ?

Thanks.

natweststaffmember

chich wrote: »

So much about ppi and bank charges reclaiming....and a friend who recently got a large amount back.....so....

I have a Barclaycard with only a small credit limit however have experianced payment problems...

It wasnt until reading things on here i took a closer look and now see why i am £147 over my agreed limit...its interest and optional ! payment protection.......

PP is £3.67 a month...Interest on standard balance £6.75 and then Interest on cash balance .£2.88...why two lots of interest ???

Adding this up a year is a lot when you have not got much....

Is it worth a try ?

Thanks.

The PPI can be cancelled on the card at any time which will reduce the amount of money being taken. The interest is not reclaimable either. The reason their is two amounts is that you have used the credit card to take money from the ATM which costs you more than simply paying for goods in shops.
have you got any late payment fees, the £12.00 variety because otherwise you have no case for charges? If you are looking at reclaiming PPI then you need to ask the question on PPI in the PPI part of the forum.

di3004

chich wrote: »

So much about ppi and bank charges reclaiming....and a friend who recently got a large amount back.....so....

I have a Barclaycard with only a small credit limit however have experianced payment problems...

It wasnt until reading things on here i took a closer look and now see why i am £147 over my agreed limit...its interest and optional ! payment protection.......

PP is £3.67 a month...Interest on standard balance £6.75 and then Interest on cash balance .£2.88...why two lots of interest ???

Adding this up a year is a lot when you have not got much....

Is it worth a try ?

Thanks.

Hi there

In regards of the PPI, do you think you were mis sold this for any reason?

If so you are able to try to reclaim on this with the reasons you have, they have 8 weeks in full to respond.

For more on PPI reclaiming with guidelines here:
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

And please also feel free to post on the PPI reclaiming threads here, is this is what your trying to do.
http://forums.moneysavingexpert.com/forumdisplay.html?f=169