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Bank mistake given my credit card £1000 in credit. Can i keep the money??

zombie_queen
zombie_queen Posts: 1 Newbie
in Credit cards
Paid off my credit card with £947. Only one payment has come out of my account but my credit card has been credited with two payments of £947 so now my credit card has been paid off in full but with credit of £947. The bank account i used to pay off with was Abbey/santander and the credit card was Barclaycard. Will they notice this mistake ??? It has already been 10 days.
How long if i leave it untouched can they claim it back???
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Comments

  • lisyloo
    lisyloo Posts: 30,094 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    They have 6 years to claim if back - untouched or not.
  • nomoneytoday
    nomoneytoday Posts: 4,871 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I'm sure they will notice soon enough. I wouldn't spend the money for 6 years...
  • noah271007
    noah271007 Posts: 1,248 Forumite
    It is a mistake and it will be eventually corrected. Therefore i advise you not to spend the extra £947 as this will be corrected and debited from your credit account.
  • bengal-stripe
    bengal-stripe Posts: 3,354 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    zombie_queen wrote: »
    Will they notice this mistake ??? It has already been 10 days.
    How long if i leave it untouched can they claim it back???

    The bank, the one that made the mistake (could have been either), has six years time to claim it back.
    Yes, you will have to give it back!

    Will they notice? - Probably. On the other hand, only five years and 355 days to go 'til the dosh is yours. :)
  • HouseHuntr
    HouseHuntr Posts: 522 Forumite
    zombie_queen wrote: »
    Paid off my credit card with £947. Only one payment has come out of my account but my credit card has been credited with two payments of £947 so now my credit card has been paid off in full but with credit of £947. The bank account i used to pay off with was Abbey/santander and the credit card was Barclaycard. Will they notice this mistake ??? It has already been 10 days.
    How long if i leave it untouched can they claim it back???

    How about donating it to the TROLL society ?
  • Wutang_2
    Wutang_2 Posts: 2,513 Forumite
    HouseHuntr wrote: »
    How about donating it to the TROLL society ?

    Could you forward me their DD details please?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • housebuyer_abc
    housebuyer_abc Posts: 296 Forumite
    noah271007 wrote: »
    It is a mistake and it will be eventually corrected. Therefore i advise you not to spend the extra £947 as this will be corrected and debited from your credit account.

    If you want something out of the whole event the best thing to do is to ring the bank and let them know, thye will be thankful and sometimes they even give 'goodwill' payments of a few quid to say thanks. However there is no prmoise of this
    The proof that some people really are opinionated and ignorant

    Originally Posted by naff123 viewpost.gif
    Long nosed Tory looking down upon everybody!
  • stuzhunter
    stuzhunter Posts: 782 Forumite
    500 Posts
    The irony is that if you made a mistake and send £1000 to the wrong account..then the bank don't care about you .Would you still have 6 years to claim it back?:eek:
  • lisyloo
    lisyloo Posts: 30,094 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Yes you have the same rights and timescales.
  • DGJsaver
    DGJsaver Posts: 2,777 Forumite
    woody01 wrote: »

    It's some other poor sods money


    Yeah Barclays or Santander, the poor sods :rotfl::rotfl::rotfl:
This discussion has been closed.
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