MBNA Credit Card PPI

Joanne74

I think I know the answer but would appreciate confirmation.

Please could someone look at these offer figures for me?

For info, the PPI was paid from October 1999 to Jan 2005. I do not yet have statements so cannot say whether there was a balance on the card post-2005.

Premiums 2466.12
Interest Paid 6951.08
8% simple interest 4282.91

Many thanks in advance for your help.

societys_child

No idea what the figures relate to, how much PPI did you pay in the 5 or 6 years?

Joanne74

Apologies. The Premiums relates to the amount of PPI that was paid. Interest is the amount of interest that I paid on the premiums and the 8% simple interest is the compensation for loss of that cash since 2005. It is the simple interest that I am querying as I can't say whether the rest is correct without statements. Thank you.