Can I claim from credit card

Stephen_Leak

loopylass81 wrote: »

Has anyone claimed back there charges from credit cards?? Did you have any success???

Thanks in advance

Yes. Read the Reclaimed Bank Charges Success Stories thread.

christine_Greenwood

Me again, can't see any successes about claiming charges from Credit cards, has there been any.
:rotfl: :rotfl:

DenWestie

have a look there:

http://forums.moneysavingexpert.com/showthread.html?t=226762

christine_Greenwood

I am new to the site and just wanted to say a big thankyou for all the replies, I didn't expect them so quickly.

x

marychain

All the posts here seem to be about current accounts. I have claimed £900 and £500 (inc interest) respectively against the two credit card companies above, and have had £300 and £150 (approx) credited to my accounts.

The explanation for partial payment given is that they have reduced all charges to a fee of £12 from the £20 and upwards that I was originally charged. They are basically saying they believe £12 is a legal charge.

From what I understand and have read, I am quite within my rights to write back threatening court if they dont pay me back the £550 and £350 respectively they still owe me, but I want to verify this first with you knowledgeable lot.

Where I am confused is that I would be happy to accept some charge (I believe somewhere between £.5 and £2 would be OK), so do I still claim for the full amount?

Cheers to everyone for their advice so far, a wonderful sites that is improving people's lives.

Stephen_Leak

A small, but exclusive, number of us are reclaiming CC late payment charges.

Even the OFT reduced figure of £12 is still "extravagantly" in excess of what it costs them to automatically administer a late payment. All that happens is that the charge gets added to your account. You don't even get a standard letter.

As the CCCs won't say how much it does cost them, then the law has no option other than to regard the entire charge as unlawful.

I fully understand your feelings about claiming in full, which would then impose the true cost of our late payments on every other customer. However, and again, if the CCCs won't say how much this is, how do we know exactly what we should accept?

In the meantime, "the law of the soukh" applies, albeit in reverse: we open the bidding high, they open the bidding low. One does not tell the other in advance what price you would settle on.

mo1_2

hi,i claimed back all my charges from capitol one they told me they would only pay the difference between the 12.00 and the 25.00,but i rejected there offer filled a court form then they paid the full amount,hope this helps.good luck

Brillopad_2

OK, potentially stupid question, but if (as per the top of the page) there's no such thing then cool

All throughout these pages, Martin keeps referring to "banks" all the time. On the other hand, there are a couple of mentions above of credit cards. Now I've got a bunch of overdraft (etc) charges I'm already trying to recover relating to my (one) bank account, but my (eight) credit cards have applied far more in charges, over the years...

So, does exactly the same logic, legal argument, and reclaiming opportunity also apply to credit cards as well as bank accounts?


Luv'n'Hugs

David

mo1_2

hi,yes exacly the same process,ive reclaimed from 3 of my cards and been paid on all,need any help,then give us a shout,good luck

Edinburghlass_2

You'll find a lot of threads of the main cc companies links in the Reclaim Help Thread where loads of people are claiming from their credit cards.

You can claim back late payment fees and/or over limit fees and follow the same step by step guide in Martin's article.