What charges you can claim

AndyLGR

When I had some mortgage arrears, the mortgage company charged me a £50 per month 'administration fee' whilst I was in arrears. Can I reclaim this back from them?

ferrets

Please can someone help me?
I've just got 6 years worth of statements dropped on me, I've been going through them looking at what I can and can't claim after looking at your list. However, I have a few charges that just say 'Charges - then a date that is usually a month earlier than the date the charge has gone out - then my account number', I have no idea what kind of charge this is, can I claim it back??
I have other charges that say 'paid referral for (month)', so I know it's something different, and I know I can claim those ones.

Any help would be great, thanks!

Pacey

ferrets wrote: »

Please can someone help me?
I've just got 6 years worth of statements dropped on me, I've been going through them looking at what I can and can't claim after looking at your list. However, I have a few charges that just say 'Charges - then a date that is usually a month earlier than the date the charge has gone out - then my account number', I have no idea what kind of charge this is, can I claim it back??
I have other charges that say 'paid referral for (month)', so I know it's something different, and I know I can claim those ones.

Any help would be great, thanks!

I have a £25 fee every month going out also that just says "CHARGE CHARGES" so I am also interested in this answer.

jasonbwfc

david24 wrote: »

im claiming from natwest and i have my 6 years of statements but im confused about what to claim back as there charges are shown at the end of the month under the title charges ,for instance i pay 12 a month as a card fee and i got charged 28 pound for being over drawn but this is just shown as a charge of 40 pounds,can i list all the charges in my reclaiming letter and just say that i understand that part of the charges are for card fees or do i need to minus the card fee off all the charges cause it appears to change over the 6 yerars please someone help me thankyou dave

Is this an Advantage Gold account as I'm in the same situation?

jasonbwfc

I have a Nat West Advantage gold account.

Can I claim back charges from this account?

Thanks!

mirrorimage0

sorry just making sure i have it right, can you can claim back overdraft interest

Edinburghlass_2

Edinburghlass wrote: »

CAN BE CLAIMED

Account misuse fee
Cheque return fee
Card misuse fee
Unarranged borrowing fee
Unauthorised overdraft fee
Unpaid DD fee
Unpaid cheque fee
Unpaid standing order fee
Exceeding Authorised Overdraft Limit
Exceeding Unauthorised Overdraft Limit
Direct Debit/Standing Order/Cheque returned fee
Irregular fee
Paid refferal fee
Total charges (HSBC personal accounts only, not business accounts)

Credit Card/Store Cards/Catalogues

Late payment fee
Over limit fee

CANNOT BE CLAIMED

Cash Machine Withdrawal Fees (ATMs)
Account Service Charges
Service Fee / Annual Fee
Charges related to foreign currency transactions and conversions.
Monthly account fees on certain type of accounts (such as RBS Royalties)
Normal overdraft interest charges<!-- / message --><!-- sig -->


Contractual interest

This is what you see on your bank statements charged by the bank when you go overdrawn. It appears on your statement as 'INTEREST', or 'INT'.

There are normally two different interest rates charged. A lower rate is charged when you are overdrawn, but still within your agreed overdraft limit. Under no circumstances can this interest be reclaimed. There is a higher rate of interest (up to 29.9%) charged when you go over your overdraft limit (unauthorised overdraft). This is a bit trickier to deal with. You cannot claim any of this interest if your spending has caused you to go over your overdraft limit, but you can claim this interest on any bank charges that have caused this. The problem with this is working out the interest only on the charges. It can be difficult to get right, and you have to be very accurate with your figures in case the bank at any stage challenges them. Generally, most people don't claim this interest.

As above regarding overdraft interest.

As for the NatWest/RBS gold accounts, yes you can claim back charges from these accounts but not the monthly charge you pay for the services you receive for having this type of account. You might be best to check into if these benefits are actually worth the monthly charge you pay and if not ask to change your account.

borgbaiter

hi

the HSBC overdraft arrangement fee is a penalty as it is only charged if you have had penalty charge/s in the 6 months before it is due for renewal. in normal circumstanses it is not charged. I believe this applies for first direct too.


Borgbaiter.

mother_of_four_2

i wrote to my bank using the template letter and they wrote back saying they could not provide details of bank charges as such, they could only send copy statements, which they did. trouble is, i don't know how to work out from them how much i should claim for as some bank charges are valid, for use of the account we use. can anybody help?

Edinburghlass_2

Post 4 in this thread...

http://forums.moneysavingexpert.com/showthread.html?t=400981