Natwest credit card PPI

edited 28 November 2011 at 12:17PM in Reclaim Bank & Credit Card Charges
1 reply 1.7K views
Puffin1Puffin1 Forumite
3 Posts
edited 28 November 2011 at 12:17PM in Reclaim Bank & Credit Card Charges
(I have copied and paste this in the correct thread - reclaim PPI & other insurance, cant seem to deleted this?)

Having read about the PPI and i checked my credit card statements - wasn't sure, until i phoned natwest to asked what does payment protection do for? When they said its was PPI, after i found more information about it and I realised Im still paying for the PPI and I have been out of work for more than 5 years. I can't remember if i had phone to let them know i was out of work due to medical health grounds but I am sure I did phoned them to let them know but im still paying it and had no helps. I can't seem to find my application for natwest card form copy/policy - would that be a problem?

Looking back to my first statement which was Dec 2004, there was nothing about PPI - only 'credit card repayment protector'? then in January 2005 - start of 'Payment protection' every months - is that the same thing? As my credit limit is at £475 so i have been paying small amount of PPI (at moment is £3.95 a month).

I will be cancelling it soon as it had not help me at all but i wanted some advice first before i stop. Do i have the right to claim it back and what will it owed me? And how long can it go back to? from the start?

many thanks for your time to read and grateful for advices.

Replies

  • dunstonhdunstonh Forumite
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    Do i have the right to claim it back and what will it owed me?

    You may well be able to get premiums back for the period of unemployment but going back further will depend on whether it was mis-sold or not. You havent indicated whether it was or not or what reasons it was.
    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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