Can I claim from credit card

thunders79

Hi,

Can anyone tell me if there is a chance that Credit Card companies might close your account and demand the full amount back.

I really want to claim all the charges but am afraif they will close my account as I can't pay back the thousands of pounds owed to them.

Thanks

StephenJTHB

I've been charged lots of times for late payments on my store cards, can I claim for these.

moon1970

Hello, when claiming back credit card charges. Do you use the same Bank Template and also include the £10.00 fee?

Many Thanks

Beate

Depending on the credit card company, you do not need to include £10. Capital One sends statements for free, and all you have to do is call them. But the templates are fine.

nickmack

StephenJTHB wrote: »

I've been charged lots of times for late payments on my store cards, can I claim for these.

Yes, procedure as for Credit Cards.

Elsie2_2

moon1970 wrote: »

Hello, when claiming back credit card charges. Do you use the same Bank Template and also include the £10.00 fee?

Many Thanks

I decided not to send my £10 with the last batch of crdit cards and store card letters. Some of them wrote to me asking me to supply them with the money, one of them just sent the list without asking for payment, and another one has since gone over the 40 days and consequently, i am not paying them for info as they have not upheld their end of things. You may find if you send the £10 and they go over the 40 days, they will send the payment back.

Elsie2_2

thunders79 wrote: »

Hi,

Can anyone tell me if there is a chance that Credit Card companies might close your account and demand the full amount back.

I really want to claim all the charges but am afraif they will close my account as I can't pay back the thousands of pounds owed to them.

Thanks

No they won't do this. They may tell you that you cant use the card any longer (if indeed you do still use it), but they can't just ask for all the money back. If in addition to the charges, you are financial difficulty, you can just put together an Income and Expenditure form to prove to them that you cannot afford a huge payment.

Elsie2_2

FirstTimer4Me wrote: »

Can anyone please confirm what I can claim back for on CC, I cannot find any links or information on here?

Thanks

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


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.

Hope this helps.

suem_5

Can I use the same procedure as listed for reclaiming bank charges from credit card companies? I have sucessfully reclaimed bank charges.

Lise

I sent all letters to credit card companies and banks without the £10, I did put in my letters if they did require a payment to contact me immediately and it will of affect the 40 days. Barclays sent them out free and I’m still waiting for capital One and Barclaycard, but only posted them a couple of days ago. I phoned Natwest on 0800 0154212 pressed option 1 to request statements, at first they said there would be a small charge, but by the end of the call the lady said she would send them out for free.