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Credit Card Theft/lost cover
philbin58mark
Posts: 1 Newbie
in Credit cards
I have had for 20years+ HSBC Credit card and have had there Guardcard cover in case of theft or losing the cards and have been told that the cards are covered any way and at no cost can I claim this fee back.
Many Thanks
Many Thanks
0
Comments
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philbin58mark wrote: »I have had for 20years+ HSBC Credit card and have had there Guardcard cover in case of theft or losing the cards and have been told that the cards are covered any way and at no cost can I claim this fee back.
Many Thanks
Its true. Banks have to refund any fraudulent charges, so I wouldn't waste your money on any extra cover.0 -
You ara covered against fraudulent use, but I thin Guardcard offers different sort of protection.philbin58mark wrote: »I have had for 20years+ HSBC Credit card and have had there Guardcard cover in case of theft or losing the cards and have been told that the cards are covered any way and at no cost can I claim this fee back.
Regardless, have a look at MSE news with a link to discussion thread at the end:
Millions mis-sold CPP card protection: reclaim now
Card protection and ID protection mis-selling: Now banks will have to refund victims0 -
reclusive46 wrote: »Its true. Banks have to refund any fraudulent charges,.
Not quite correct....
There are cases where the cardholder will have to stand the loss.Never ASSUME anything its makes a>>> A55 of U & ME <<<0 -
dalesrider wrote: »Not quite correct....
There are cases where the cardholder will have to stand the loss.
In cases of fraud, surely this is only where the cardholder has acted negligently? In which case, insurance wouldn't pay out either.0
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