How do I tell Virgin I don't want their identity theft protection?

DestroyingAngel_2

I'm going to play Devil's Advocate here ... by all means say "no, thanks", but have you really thought about ID theft and its consequences, or are you just saying No because it's an added expenditure?

Just a hundred years ago, household insurance was a luxury only the rich could afford, yet these days everyone has household insurance as a matter of fact. Twenty years ago, no one had heard of Credit Card Protection, these days more and more people are taking it out, and claiming against their policies. Ditto ID theft insurance, okay it's new, but isn't ID theft the fastest growing crime in the UK? Shouldn't you insure yourself against the eventuality that your ID will be stolen at some time in your life? I say "eventuality" and not "possibility" because, for all you know, your ID might have already been stolen, only the fraudsters have not yet "activated" it. When you first see a suspicious transaction on your bank/cc statement, that won't be the end of it, it's the start of an avalanche, just the tip of the iceberg. And by then "it will never happen to me" would have already happened.

Idiophreak

I'm a bit confused...surely if the CC lend money to someone else, in your name, that's kinda their fault...not yours...Surely they're liable to pay it back anyway? When someone did over my CC, I called the bank, they sent out a form and they gave my money back...do you really need insurance for this?

(and when I apply, I normally say "i have savings to cover the balance" as to why I don't want payment protection and then just say "I'm not really interested" to whatever else they try and flog - they get the idea eventually...

linniestorm

Yeah virgin can be tricky when it comes to that, I've had the same issue and I hate getting the hard sell, I find it hard to say no. Because I don't want to give them an opening to 'explain all the benefits' to me if I just say no, which has happened in the past, I usually just say I already have it with another card and that pretty much shuts them up, no real response to that. Though every time I ring I seem to get the same thing now, so they've worn down my politeness and I'm getting better at telling them to bug off!!

nzseries1

Thanks DestroyingAngel for your insight, it's definitely true what you're saying, I guess I mainly want the card for the balance transfer and then I'd never use it for purchases so I figure that the chance of my ID getting stolen is quite low since I will never actually use the card. But you make some really valid points!

And Idiophreak, I'm sure you're right too, but trying to prove that the bank is wrong is most likely your responsibility, I'm sure it would be all okay in the end but the (I imagine) endless phone calls, letters, and even lawyers' fees if it got bad enough, I bet would really take its toll, both financially and mentally.

bethanyrayne

nzseries1 wrote: »

Hi All,

I'm soon going to apply for a Virgin Credit Card, and I've read many times on these boards that they really really try and push their ID theft protection insurance on you. When you ring to activate the card, what is the best thing to say to them to make it clear you don't want it?

If they try and offer me PPI or anything like that , I can say that I have every type of insurance imaginable through my job (which is true). But I can't think of a good excuse to decline their ID theft protection!
Any ideas? :beer:

Thanks in advance

Ask them if THEY want to take out PPI in case you default or die...Don't take NO for an answer. That'll shut them up.

clio

Does anyone esle find when they start with the patter it,s all nice stuff like
how are you , how,s work going etc etc then BAMN do you want this - that and more lol.