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Offer of Credit card PPI REFUND! more than thought but should i accept?!;

Hi, Have today received a very large offer of PPI refund (double what expecting!). Now, not wishing to be greedy as obviously I am THRILLED with this, should I accept this as a first offer? The credit card (Tesco) have worked this figure out by going back as far as they can, to 2003. They have said that if I can provide evidence previous to this, they will review the offer. I cannot provide this, and as I said I am totally overjoyed with this offer, so should I just accept and celebrate! Or, as I keep hearing, decline the first offer and push for more? Many thanks, A Very Happy Person!

Comments

  • dunstonh
    dunstonh Posts: 121,401 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    should I accept this as a first offer?

    The redress method is defined. So, you take it or leave it. The only reason you would query it is if you think the calculation has been done wrong.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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