HSBC Loan - Repayment Award...

SpreadsheetPete

Update for a previous post! I have received my payout now. I had my last payment on monday (27th Feb) and have received the reward today (2nd Mar). It shows as "Repayment Reward
Personal Loan" and your sort code and account number. I've been checking my bank online every day waiting for this and some info to supply to anyone in the same boat - The payment doesnt show in your pending payments prior to showing in your account - I also checked my bank account at 7.30 this morning and it wasnt showing and then at 10 and it was so it goes in during the working day.

Hope you are all as happy as me when you get yours!!

pheonixrising21

My fiancee had one of these, as her graduate loan. She made the final payment in December 2011 and got her refund in Jan 2012 (about £400 i think)

SnowWhiterThanWhite

adam918 wrote: »

Is it a case of all HSBC personal loans issued over the last couple of years have this repayment award??

I have had a 4 year loan automatically taken via DD so should be receiving the reward but tried applying for a new loan to see the amount to be received and there was nothing

Would the telephone banking be able to confirm if i would receive this or not?

Regrds

Just check your loan agreement forms - it will show on there whether you had the offer, from memory, it was a 'special offer' they did from time to time, so no, it didn't cover all loans taken out

Cubbyson

Rang them today about my repayment and they said it takes 10 working days :beer:

rachyp19

hey guys i was wondering if anybody cud help,i got my ppi claim back 12 months ago in which my extising loan was paid off as part of the deal,if id been still payin every month my last payment would have been today am i entitled to the repayment reward?

Shelldean

rachyp19 wrote: »

hey guys i was wondering if anybody cud help,i got my ppi claim back 12 months ago in which my extising loan was paid off as part of the deal,if id been still payin every month my last payment would have been today am i entitled to the repayment reward?

w/o getting our argeement out, I cant be certain, but am reasonably sure one of the clauses was if you repaid the loan early then you forfeited the repayment reward.

rachyp19

thank u,i thought this might be the case booooohoooo,but does any one no if im entitled to anything for payin my loan of early? kind regards x

Janie4Now

sikhumba wrote: »

i applied for my ppi refund last year october up to now iam being told there is a wailting list has anyone got their ppi refunds from hsbc,is it possible to contact bank directly even if i used a claim company

Don't know why it is taking so long! I applied for my PPI refund in March this year and received it within 3 weeks! I would contact them again....their helpline is really helpful

Shelldean

just to update our situation.
last loan payment 25/1 reward paid 30/1.
as speadsheetpete stated 'It shows as "Repayment Reward
Personal Loan" and your sort code and account number'

Was almost £1100 for us so was nice to receive :j

gingersdad

Does anyone now if changing my bank from HSBC to another bank will have an effect on the cashback? I still am paying the loan, but obviously it is now taken from another bank, it's due up in about 6 months.