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

DGJsaver

woody01 wrote: »

I wouldn't earn more in a week than you do in a month if i 'just sat in my armchair'.

Bless , have you got a BMW as well

catflea

In my experience, the people who have real money have no need to brag of it :think:

CannyJock

woody01 wrote: »

Chastised by a middle aged crusader..........a new concept

What happened to "minimum wage monkey", or are you just working your way through your expansive repetoire of insults? Was that one trying to be ageist? I've still got a fair few years to go before I reach middle aged, and looking forward to it. Hopefully by the time you do the same, you'll have learned how to make a positive contribution to the forums.

I will thank you for your recognition of my crusading work in helping others.

Sagz_2

oooow
Handbags!

hippey

Its a shame that these forums are becoming personal insults to people, yes maybe the OP is a troll, or maybe someone asking a question for the first time only time will really tell. (We all do things for a first time!!)

But to answer the question there is only 2 choices:

1, Own up to the CC company & your bank and get them to correct the problem and get it in writing what the score is, as remember if it isn't wrtten down it didn't happen.

or

2, Leave it for the 6 years and see what happens but as I have stated before this could quite easily be Theft, as there are cases where the defendant kept an amount of cash which was not actually theirs, they kept the money and were convicted of Theft. Really the choice is yours but think carefully just in case someone makes an example of you.

chattychappy

Yep, it's not your money, they can claim it back from you.

This is the only exception I can think of and it wouldn't apply in your case. I cannot remember the precedent - but there was a case some years back where somebody did not realise the mistake and spent the money. They later fell on hard times and the bank then attempted to claim it back. The court did not enforce repayment. The logic was that the bank owed a duty to the customer to "get it right". They had failed in this duty - there was detrimental reliance by the customer on the statement that the bank had produced. Ie the customer now had a debt they could not repay as a result of the bank's mistake. Had there been no error the money would not have been spent because it couldn't have been. Therefore the counterclaim balanced the claim.

Note that this was an exceptional case on very specific facts. The customer had acted in good faith (ie did not realise the mistake) and there was a considerable passage of time during which time the customer became unable to repay. I report it here for completeness only.

lisyloo

This is the only exception I can think of and it wouldn't apply in your case. I cannot remember the precedent - but there was a case some years back where somebody did not realise the mistake and spent the money.

There is a legal precedence and I think it's something like "estoppel". (I add that so you can google and research further).
I believe the principle is that you shouldn't be made worse off as a result of the mistake, so if you unwittingly spent the money then you could not be put into hardship over it.
Of course, someone might be expected to notice £1000 but maybe not £10 or £100, so it's up to a judge to decide whether they believe this was unwitting.
Most people would spot an extra £1000 so I think the benefit of the doubt would NOT be with the OP.
Posting publicly where IP address can be traced, would not be particularly smart either.
So I doubt someone would be believe about £1000 unless they could prove otherwsie. An exception might be if you were buying a house and had lots of large transactions going through, but otherwise you probably won't be believed that you didn't notice.

lisyloo

catflea wrote: »

In my experience, the people who have real money have no need to brag of it :think:

You are absolutely right Catflea.
Can you imagine someone with a fabulous job or fabulously wealthy on this website?
Don't get me wrong, I love this site, but if I won the lottery I'd have better things to do with my time.

I am reasonably well off although I wouldn't call myself wealthy.
I can assure you that I get a lot more satisfaction from the safety/security and lifestyle options my money gives me rather than bragging rights over others.
Having money doesn't make you a better person or more deserving.

stuartmck

Arthritic_Toe wrote: »

Its the new quantative easing measures. Everyone is getting a 947 pound handout this month.

Announced in tomorrows budget? I might just vote Labour if it is!

Dicky2K

lmao @ this post.. its better than eastenders