We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PPI from Sainsbury
Comments
-
Ring them up and ask what it is, google results seem to imply credit care insurance was PPI. Was the amount on the card statement a variable amount every month or a single fixed sum?
When did you open the card out of interest. If it was in the last 14 years or so, chances are it wasn't PPI as it was being discontinued (except for MPPI)Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
0 -
Sounds like it may have been insurance in case your card was lost or stolen?It clearly stated on my credit card statement that I was paying credit care insurance . However Bank of Scotland have sent a letter back stating I didn't have PPI on that account, leading me to believe Credit care insurance is not classed as PPI.
Are you sure it states Credit Care Insurance? How much was paid each month? PPI would have been a proportion of the overall balance on the card, so if the amount didn't fluctuate it's unlikely to be PPI.
Only the Bank can tell you for sure.
EDIT:
Please don't spam the forum with duplicate posts..0 -
Duplicate thread answered here first...
https://forums.moneysavingexpert.com/discussion/5950774/ppi-from-sainsburyNon me fac calcitrare tuum culi0 -
It says credit care insurance and it was 69p for every £100 spent which it says on my statement. The account was paid off and closed in 2003 so more than 14 years ago.0
-
It says credit care insurance and it was 69p for every £100 spent which it says on my statement. The account was paid off and closed in 2003 so more than 14 years ago.
That's PPI then, it may be that the front line staff haven't heard of it or they don't have records. Ask them againSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
0 -
Thank you everyone, I think the only option now is to go to the ombudsman as BOS have said they've closed the case, they had a copy of my statement highlighting the credit care insurance so I don't really understand how they can say I didn't have it. Apologies for posting previous thread twice, I didn't realise I had
0 -
Have you received a final response from BOS informing you of your rights to refer your complaint to FOS - if not you will need them to issue this before FOS can consider0
-
Have you received a final response from BOS informing you of your rights to refer your complaint to FOS - if not you will need them to issue this before FOS can consider
If it's been 8 weeks since the complaint started they can go to the FOS regardlessSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
0 -
No, they can already go to FOS as long as eight weeks have elapsed. BOS "closing" the case is a pretty "full and final" response anyhow...Have you received a final response from BOS informing you of your rights to refer your complaint to FOS
However, the OP may prefer instead to approach the Bank to re-open the case on the basis that his or her complaint has clearly not been properly considered. Such a move may well be far more quickly resolved than by referring to the Ombudsman..0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards