credit owed to me
gran_timo
Posts: 16 Forumite
in Credit cards
Hi all, im after some advice please. My parents who are both in their eighties had a Tesco credit card. My dad used this card to pay for his car insurance,. For what ever reason several monthes later the insurance company decided they had overcharged my dad for his car insurance and refunded around 80 quid back to the tesco credit card with an accompanying letter sent to my dad.
This would have been OK except my dad had paid off and cancelled the credit card before the refund took place as he no longer had a need and no longer intended to use the card
My question is do you have to hold a current credit card for the credit card company to pay back money that you have in credit on the account. My father has rang them but they say he has to apply for a new card before they can return the money to him. this money has been owed for a long period and i have only just found out this money is owed from several years ago after going through some of my parents paperwork and finding the credit card statements showing the account in credit. many thanks in advance for any advice
This would have been OK except my dad had paid off and cancelled the credit card before the refund took place as he no longer had a need and no longer intended to use the card
My question is do you have to hold a current credit card for the credit card company to pay back money that you have in credit on the account. My father has rang them but they say he has to apply for a new card before they can return the money to him. this money has been owed for a long period and i have only just found out this money is owed from several years ago after going through some of my parents paperwork and finding the credit card statements showing the account in credit. many thanks in advance for any advice
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Comments
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My question is do you have to hold a current credit card for the credit card company to pay back money that you have in credit on the account. My father has rang them but they say he has to apply for a new card before they can return the money to him. this money has been owed for a long period and i have only just found out this money is owed from several years ago after going through some of my parents paperwork and finding the credit card statements showing the account in credit. many thanks in advance for any advice0
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There are doubtless rules and regulations that should be followed in a situation like this and probably some procedures that customer service staff are not empowered to side-step in order to get the right result.
However, if it were me, I'd write to Tesco and say please give me my money back. It is a nonsense to apply for a new CC just to get the refund paid out and I very much doubt it is a legal requirement (I could be wrong, of course). Regardless of the legalities, your dad needs to be heard by someone sufficiently empowered to make the right decision for him and this probably means submitting a written complaint.
Good luck.0 -
I don't understand - first the card was closed before the refund was processed then years later you see paperwork showing the card in credit?
So in that case the card was not closed was it?
If it has been closed since then the refund has been taken into account when the card was closed?0 -
jonesMUFCforever wrote: »I don't understand - first the card was closed before the refund was processed then years later you see paperwork showing the card in credit?
So in that case the card was not closed was it?
If it has been closed since then the refund has been taken into account when the card was closed?0 -
Can he not just close it (again) and withdraw the money?
Or buy something worth £80?0
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