PPI on overdraft?

TicTok_2

Hi,

I have had an overdraft with Santander for over 9 years now and was wondering if I was eligible for a PPI refund for it.
As far as I'm concerned I dont remember signing an agreement regarding PPI however I had read elsewhere that banks will often just automatically sign you up for PPI without asking.

Can anyone provides step of how I can enquire to see if I am eligible for this or not, I have tried looking at the guide on this site but the information seems a little overwhelming.
Has anyone had any experience reclaiming PPI on overdrafts?

Thanks

[Deleted User]

TicTok wrote: »

I dont remember signing an agreement regarding PPI however I had read elsewhere that banks will often just automatically sign you up for PPI without asking.

This didn't happen, it's only some (unscrupulous) claims companies who pretend that it did.
However, if you have valid and verifiable reasons, you can indeed make a mis-selling complaint even on overdraft PPI.

Don't just say you can't remember signing up for it,though, because the Bank will certainly have documentary evidence to show that you did!

-taff

you need to find out if you're actually paying PPI first. A phone call to santander should tell you, but it's not likely on an overdraft.
Or just check your staements, it should be visible there somewhere.

Rhenser

Then, if you are paying for PPI, you need to decide if you have evidence it was mis-sold to you.

There is nothing wrong in having PPI; it was the mis-selling of PPI to some customers that was wrong.

[Deleted User]

-taff wrote: »

it's not likely on an overdraft.

Really?
Here's a link to a thread about precisely this:
https://forums.moneysavingexpert.com/discussion/2854462

So it's certainly possible.

If the OP has assumed he has PPI because he read that it was "automatically added" then I agree he'll very likely find he doesn't have it.
I assumed he was posting because he already knew he had it...

-taff

Never assume......:)