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Lloyds re calculation times and 8% offer seems incorect

Hi there

does anyone know how long i should have to wait for lloyds to re calculate my ppi offer? for a refung of 800 pounds they've calculated the 8% interest at 20 pounds, ive had the card 5 years.... could anyone confirm if this could be right?

Cheers

steve

Comments

  • di3004
    di3004 Posts: 42,579 Forumite
    stevefarr wrote: »
    Hi there

    does anyone know how long i should have to wait for lloyds to re calculate my ppi offer? for a refung of 800 pounds they've calculated the 8% interest at 20 pounds, ive had the card 5 years.... could anyone confirm if this could be right?

    Cheers

    steve


    Hi Steve

    Well done on your success!:beer:
    I understand credit card ppi differs to that of PPI, but hopefully someone will clarify on this.
    I would ask them to send you a detailed written breakdown, and when you receive them post them on the thread called "How the FOS calculates PPI refunds", someone will then check them out for you.
    https://forums.moneysavingexpert.com/discussion/1596473
    The one and only "Dizzy Di" :D
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