MBNA - Poster credit insurance fee??

HAVEFAITH

I have this on my credit card ... anyone know whether this is connected to ppi?

HAVEFAITH

or what does: "Posted credit insurance fee" mean?

Meadows

Have you got a payment protection fee on your card? Did you intend to take out cover.
You may have not de-selected protection on your card when setting it up.

HAVEFAITH

Meadows wrote: »

Have you got a payment protection fee on your card? Did you intend to take out cover.
You may have not de-selected protection on your card when setting it up.

Yes it existed as Payment protection cover & then the narrative I just quoted and then back to Payment protection cover .... so all v confusing i have to say. Is it one of the same?

Meadows

Normally card companies charge you for optional cover which is if you become unemployed or need to look after a partner, spouse, parent or child full time or you were disabled due to an accident or sickness (Disability) you may not be able to meet your financial commitments.
Not sure how much this can cost ( I think it may be a % of your spends) but decide if you need it if not cancel it to save you money.

HAVEFAITH

Meadows wrote: »

Normally card companies charge you for optional cover which is if you become unemployed or need to look after a partner, spouse, parent or child full time or you were disabled due to an accident or sickness (Disability) you may not be able to meet your financial commitments.
Not sure how much this can cost ( I think it may be a % of your spends) but decide if you need it if not cancel it to save you money.

so POSTED CREDIT INSURANCE FEE is ppi or ppc?

Meadows

HAVEFAITH wrote: »

so POSTED CREDIT INSURANCE FEE is ppi or ppc?

I don't know for sure as I have never had it on my statement but can only assume that it is. Give MBNA a ring they are very helpful.

HAVEFAITH

Meadows wrote: »

I don't know for sure as I have never had it on my statement but can only assume that it is. Give MBNA a ring they are very helpful.

I did & got cut off twice ... hence asking on here. Anyone out there know the answer please??

Premier_2

You appear to have posted this thread on the wrong board.

This board is specifically related to issues on reclaiming bank and credit card charges.

There is another board that deals with reclaiming PPI and other insureance here:
http://forums.moneysavingexpert.com/forumdisplay.php?f=169

I would suggest you contact a board guide and ask them to move your thread to that board where you will probably receive more responses