Success £2049

Rocketdogroya

On Saturday I decided to try reclaiming bank fees. I didn't have a lot of hope as it all happened in 2001 and I can't remember it and I definately don't have documents. But the benefit was mobile insurance. I had a Motorola pay as you go that was worth about a tenner and AA cover. I didn't have a car! On Monday Lloyds called me to say they would investigate it. Two hours later the agreed I should get £2049. THANK YOU MSE without your reclaim tool I wouldn't have bothered!:T

PeacefulWaters

Hint for the future.

Check your statements.

Then if there's an item marked "account fee" or similar you can spot it slightly sooner.

Shakin_Steve

Rocketdogroya wrote: »

On Saturday I decided to try reclaiming bank fees. I didn't have a lot of hope as it all happened in 2001 and I can't remember it and I definately don't have documents. But the benefit was mobile insurance. I had a Motorola pay as you go that was worth about a tenner and AA cover. I didn't have a car! On Monday Lloyds called me to say they would investigate it. Two hours later the agreed I should get £2049. THANK YOU MSE without your reclaim tool I wouldn't have bothered!:T

What a lovely Christmas bonus. Well done :T

Shakin_Steve

PS. If it were at all humanly possible..I might feel very slightly sorry for banks :rotfl:

takman

This isn't aimed at just you but a general comment about claiming money from the banks:

I always find it slightly amusing how people pay out for unsuitable insurance for years and years without having a clue then they get this money back and deem it a "success".
The result of this is that people are proving that they can't be trusted to only take out financial products they actually need and can afford. Which means lenders have to be even more strict with their lending which makes it more difficult for people to get financial products no matter how much they know what they are doing.

Personally I think people should see it as a warning sign that they are not in control of their finances and really need to understand exactly what they are paying out each month!.

lippy1923

I thought I read somewhere that some financial institutions used this as a black marker on the customers file. Perhaps they might be inclined to tell all the PPI claimers/bank account fee claimers to bog off in future, when they need credit or only offer stupid APR's/unattractive terms.

Norscbu

takman wrote: »

This isn't aimed at just you but a general comment about claiming money from the banks:

I always find it slightly amusing how people pay out for unsuitable insurance for years and years without having a clue then they get this money back and deem it a "success".
The result of this is that people are proving that they can't be trusted to only take out financial products they actually need and can afford. Which means lenders have to be even more strict with their lending which makes it more difficult for people to get financial products no matter how much they know what they are doing.

Personally I think people should see it as a warning sign that they are not in control of their finances and really need to understand exactly what they are paying out each month!.

Hey there, I see you accused me of not being in control of my finances. In my case the money was refunded to me without me even prompting them, it was all automatic and for an account I no longer even had.

muhandis

Well done, just in time for Christmas! :beer:

Rocketdogroya wrote: »

On Saturday I decided to try reclaiming bank fees. I didn't have a lot of hope as it all happened in 2001 and I can't remember it and I definately don't have documents. But the benefit was mobile insurance. I had a Motorola pay as you go that was worth about a tenner and AA cover. I didn't have a car! On Monday Lloyds called me to say they would investigate it. Two hours later the agreed I should get £2049. THANK YOU MSE without your reclaim tool I wouldn't have bothered!:T

takman

Norscbu wrote: »

Hey there, I see you accused me of not being in control of my finances. In my case the money was refunded to me without me even prompting them, it was all automatic and for an account I no longer even had.

That means at some point in the past on that account you have been paying out money for an unsuitable product. If you were fully in control of your finances why would you pay for an unsuitable product?

GingerBob_3

takman wrote: »

That means at some point in the past on that account you have been paying out money for an unsuitable product. If you were fully in control of your finances why would you pay for an unsuitable product?

A few years ago some of the products were compulsory - I'm thinking HSBC here. They wouldn't allow my lad to take out a personal loan unless he took out the associated insurance. Eventually he got a refund of almost £2000, and like the OP, he didn't have to ask. They invited him to apply for it.

anotheruser

PeacefulWaters wrote: »

Hint for the future.

Check your statements.

Then if there's an item marked "account fee" or similar you can spot it slightly sooner.

But this doesn't count for the current selection of "paid for" accounts like Santander 123 and Club Lloyds...