PPI Credit Cards

thenugget_2

Hi

The ruling on Credit Card PPI, was this at the same time as Loan PPI?

Also are PPI providers supposed to send out a renewal notice for annual premiums?

Regards

jdwmfc

thenugget wrote: »

Hi

The ruling on Credit Card PPI, was this at the same time as Loan PPI?

Also are PPI providers supposed to send out a renewal notice for annual premiums?

Regards

Credit card PPI is generally an amount paid on top of the balance each month rather than a yearly fee. (although there could be some yearly fee ones I don't know)
You will fnid that if you are paying PPI it will be around 79p for every £100 that you have on the card.

Check your statement. PPI on cards is harder to claim back too.