Bank charges

laurawebb25

I was just wondering if it was worth contacting my bank in re to claiming back bank charges, I would say up until 2010 I received 150 per month in bank charges for going over drawn this could have been anything from £5-£15, these bank charges were taken from income support benefits (im not sure if that's allowed when reading up about it!) After that I would say I payed £80 per month in bank charges probably up until 2016! From 2016 its been hit and miss each month but on average I have paid around £50 per month up until maybe 2018! I have each of my bank statements going back to about 2010. Would I have to go through each statement to tally the total amount? Just curious as to is it worth it or not? Any advice would be welcomed! Thankyou.

dunstonh

I was just wondering if it was worth contacting my bank in re to claiming back bank charges,

No.  The banks won the supreme court case over a decade ago.  That put an end to bank charge reclaiming.  Today, only CURRENT financial hardship cases are considered.

Where you on current financial hardship, they look at your current spending habits to see if you are living beyond your means or are in real hardship.    If they decide you are in hardship, then they still dont have to refund.  They can choose a range of solutions. Refunding recent charges is one of those but so is putting you on a debt repayment plan or suspending future charges. Where refunds are given of past charges, in most cases it is no more than the last 3-12 months.  Only in extreme hardship cases (such as arrears in council tax and utilities) do they usually go back further.  Even then, its only usually an extra year or two.