CPP cheque received - should i reject it?

BBTOD

Hello

First time on here so be gentle

I received a cheque for £117 for CPP this morning. According to the letter the amount is based on me paying a premium of £80.00 on or after Jan 14th 2005.

My claim is based on me taking out Card Guard with HSBC and i know this dates back to well before 2005 but i do not have any paperwork. CPP actually wrote to me without me having to file an initial complaint.

A quick serach tells me that they have only been requested to pay back post 2005 but i have found other sites that say there is a chance that they will pay back prior to this.

My question is to stick or twist? Should i accept the £117 or should i reject it and try and claim back what is owed from back in the 90's?

Thanks for your time :-)

[Deleted User]

BBTOD wrote: »

Should i accept the £117 or should i reject it and try and claim back what is owed from back in the 90's?

Since the CPP refund scheme only ever covered the period post 2005, rejecting the CPP payment is a waste of time as you will get no more from the scheme.

If you want a refund of the earlier payments, you need to make a completely separate complaint to the lender who originally sold you the insurance. In your case this is HSBC.

BBTOD

Thanks for your reply. So my new complaint needs to go to HSBC rather than CPP?

maggy50

BBTOD wrote: »

Thanks for your reply. So my new complaint needs to go to HSBC rather than CPP?

Yes send your complaint to your bank for before 2005 .
I have two one with Citi.that has been upheld and one with Egg not been given an answer yet, they quoted 8 weeks for reply.

Today I had two cheques from them under CPP total over 250 so that is a nice bonus .

My surname initial is B so they may be doing the claims alphabeticaly