What charges you can claim

Edinburghlass_2

Phil0250 wrote: »

Hi all,
I have a quick question regarding the Court Interest Calculator..

I am on the verge of writing to Barclays to begin the process of hopefully reclaiming my charges, now that they have sent the list to me, I am initially going to include asking for interest.

Presumably the 'Charge Amount' is where you enter the total fees from the statements the bank have provided? but it is the 'When was the charge?' part that's confusing me, because my statement only shows charges from 2001 - 2007, and within each year is the 'entries' and 'total fees', then a grand total at the end, which is my case is just over £3000. How am I meant to tell when the first charge date was??

Any help would be gratefully received, thanks.

check from a recent statement what actual day of the month they take the charges and then use that as a date, say 1 June 2001 and then follow on with the 1st of each month.

frugalpam

I put in a claim against Natwest, and was one of the unfortunate ones who had their case put on hold due to the test case proceedings. As well as around £900 worth of charges that I have been unable to claim back, I also paid around £120 in court fees. Heaven knows how long the test case business will drag on, but I feel very aggrieved that I didn't get my money back, and feel I wasted the £120 I could ill afford on court fees. My bank have just been on to me about my overdraft, and I pointed out that if they had refunded my fees as they did thousands of other people, then I would not be overdrawn :mad:

I don't think I'll get my money back as no doubt the banks will drag it on for years.

felix9494

Can anyone tell me if i can claim back the "service" charge which is only levied when I am overdrawn?

The Clydesdale bank used to charge you £25 per month + interest for being even 1p overdrawn then a further £27 if you were overdrawn for more than 3 consecutive days. Would this be classed as a normal service charge? They did not levy any other charge while the account was in credit, so would this be classed as an overdrawn charge or a service charge?

An interesting point is that they changed this policy a while ago, around the time that the first claims for repayment of charges were being made against banks!

This is a confusing one!

Edinburghlass_2

I went through a friend's statements for the Clydesdale and included them all, if they disagree they will soon tell you.

scotjeannie

Alliance and Leicester have charged me £5 per month for underfunding my current account-can I claim this back?

lukestkd

Hi,
I recently went overdrawn by £7 on my Sole Trader Business Account with Abbey, and they have issued a £30 charge, can I still use the same letter on the moneysavingexpert.com page to claim for this?

I had two charges reversed earlier this year as I could not put money into my account as Abbey didn't send me any deposit envelopes for three weeks!! (I cannot go into the branch with abbey, must be done through ATMs). When I called to discuss this they said they will not refund the charge and the manager refused to speak to me regarding the issue, what can I do?

leev_21

I have an arranged over draft in place but I had 3 direct debits come out 3 days in a row, this took me over my over-draft and I was charged £75 pound by my bank.

Is this a charge I can put a clam in for?

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.

Yes, as above.

As regards A&L and a charge for underfunding your account, no as this is a condition of that particular account.

perilous_state

Good Afternoon All,

I have to admit that i have been completely oblivious to this up until someone told me about it today however this could be my one saving grace from the dire financial situation that i am currently in.

Any information as to the questions below will be very much appreciated.

1) I have a number of accounts with nationwide all similar to the one below, - will i be able to claim for the 'interest charges' here as they are considerable and are only on missed DD's as i dont have an overdraft facility.

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD class=rowColor1 align=left>28 January </TD><TD width=2></TD><TD class=rowColor1 align=left>Correction </TD><TD width=2></TD><TD class=rowColor1 align=right>£300.00 </TD><TD width=2></TD><TD class=rowColor1 align=right></TD><TD width=2></TD><TD class=rowColor1 align=right>£0.13 </TD></TR><TR><TD colSpan=5></TD></TR><TR><TD class=rowColor2 align=left>28 January </TD><TD width=2></TD><TD class=rowColor2 align=left>Internal Transfer </TD><TD width=2></TD><TD class=rowColor2 align=right>£300.00 </TD><TD width=2></TD><TD class=rowColor2 align=right></TD><TD width=2></TD><TD class=rowColor2 align=right>£300.13 </TD></TR><TR><TD colSpan=5></TD></TR><TR><TD class=rowColor1 align=left>28 January </TD><TD width=2></TD><TD class=rowColor1 align=left>Branch or Cash Machine Withdrawal </TD><TD width=2></TD><TD class=rowColor1 align=right></TD><TD width=2></TD><TD class=rowColor1 align=right>£290.00 </TD><TD width=2></TD><TD class=rowColor1 align=right>£10.13 </TD></TR><TR><TD colSpan=5></TD></TR><TR><TD class=rowColor2 align=left>31 January </TD><TD width=2></TD><TD class=rowColor2 align=left>Internal Transfer </TD><TD width=2></TD><TD class=rowColor2 align=right></TD><TD width=2></TD><TD class=rowColor2 align=right>£10.00 </TD><TD width=2></TD><TD class=rowColor2 align=right>£0.13 </TD></TR><TR><TD colSpan=5></TD></TR><TR><TD class=rowColor1 align=left>18 February </TD><TD width=2></TD><TD class=rowColor1 align=left>Interest </TD><TD width=2></TD><TD class=rowColor1 align=right></TD><TD width=2></TD><TD class=rowColor1 align=right>£60.00 </TD><TD width=2></TD><TD class=rowColor1 align=right>-£59.87 </TD></TR><TR><TD colSpan=5></TD></TR><TR><TD class=rowColor2 align=left>28 February </TD><TD width=2></TD><TD class=rowColor2 align=left>Internal Transfer </TD><TD width=2></TD><TD class=rowColor2 align=right>£1000.00 </TD><TD width=2></TD><TD class=rowColor2 align=right></TD><TD width=2></TD><TD class=rowColor2 align=right>£940.13 </TD></TR><TR><TD colSpan=5></TD></TR><TR><TD class=rowColor1 align=left>01 March </TD><TD width=2></TD><TD class=rowColor1 align=left>Internal Transfer </TD><TD width=2></TD><TD class=rowColor1 align=right></TD><TD width=2></TD><TD class=rowColor1 align=right>£800.00 </TD><TD width=2></TD><TD class=rowColor1 align=right>£140.13 </TD></TR><TR><TD colSpan=5></TD></TR><TR><TD class=rowColor2 align=left>05 March </TD><TD width=2></TD><TD class=rowColor2 align=left>Internal Transfer </TD><TD width=2></TD><TD class=rowColor2 align=right></TD><TD width=2></TD><TD class=rowColor2 align=right>£140.00 </TD><TD width=2></TD><TD class=rowColor2 align=right>£0.13 </TD></TR><TR><TD colSpan=5></TD></TR><TR><TD class=rowColor1 align=left>19 March </TD><TD width=2></TD><TD class=rowColor1 align=left>Interest </TD><TD width=2></TD><TD class=rowColor1 align=right></TD><TD width=2></TD><TD class=rowColor1 align=right>£30.00 </TD><TD width=2></TD><TD class=rowColor1 align=right>-£29.87 </TD></TR><TR><TD colSpan=5></TD></TR><TR><TD class=rowColor2 align=left>17 April </TD><TD width=2></TD><TD class=rowColor2 align=left>Interest </TD><TD width=2></TD><TD class=rowColor2 align=right></TD><TD width=2></TD><TD class=rowColor2 align=right>£20.00 </TD><TD width=2></TD><TD class=rowColor2 align=right>-£49.87 </TD></TR><TR><TD colSpan=5></TD></TR><TR><TD class=rowColor1 align=left>17 April </TD><TD width=2></TD><TD class=rowColor1 align=left>Interest </TD><TD width=2></TD><TD class=rowColor1 align=right></TD><TD width=2></TD><TD class=rowColor1 align=right>£0.37 </TD><TD width=2></TD><TD class=rowColor1 align=right>-£50.24 </TD></TR></TBODY></TABLE>

2) Will i have to make a claim for each of the 3 accounts that i have with Nationwide? (my mortgage is elsewhere)

3) Being that i am perilously close to being repossessed, am now unemployed and have other bills i cannot meet will the FSO allow my claim to go through rather than be stalled, if so how can i go about this ?

4)what do i do now to begin with the template letter and ask the Nationwide for the list of charges ?

I have been charged appoximately £10,000 in the last 6 years and this will be the much needed shot in the arm to keep my head above water so any information very much welcomed.

Many Thanks

Perilous.

zoelouise88

what charges can actually be claimed? i have read through but am still abit confused. say i went £5 over my overdarft and they charged me £35 could i claim that back?

also if im charged interest on an overdraft can i claim that back?

sorry to have to ask when im sure its all explained in another post but i really do not understand it all