Interest - PLEASE HELP ......

SickOfBankCharges_2

Hi Everyone,

have just got my nationeide statements (2 weeks late) and have a total of £355

I have heard you can add interest on top, and my question is, how is the interest calculated and what is it the rate?

If there is anyone out there kind enough to let me know, i will be forever grateful as this has me stumped!


Many thanks

SickOfBankCharges + debt


if anyone needs any addresses for any banks, i have a complete list so just ask or search forum as they will be posted

Edinburghlass_2

I suggest you read Martin's article and you'll find an audio link there which explains about the interest and the Interest Calculator is also linked below which does it all for you.

List of addresses are in the first two posts of the Reclaim Help Thread which is linked in my signature.

Step-by-step Guides: Bank Charges: Reclaim Your Cash | Bank Charges Video Guide | Top New Bank Account Calculator: Charge them interest Template Letters: (right click and save) Ask for charge details |Initial letter | Second letter | Small claims note Get Updates On Important Changes: Free Weekly Money Tip

MissX

I calculated and applied for the interest but my back said it wasn't acceptable to pay it back to me, they did make me a full offer without the interest though.

Someone said only the courts can award you your interest on top

SickOfBankCharges_2

thanks, agreed, i think it is good way of getting a full offer quickly

did you accept?