Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Applecross
    • By Applecross 29th May 19, 8:38 AM
    • 3Posts
    • 0Thanks
    Applecross
    Midland/HSBC overdraft
    • #1
    • 29th May 19, 8:38 AM
    Midland/HSBC overdraft 29th May 19 at 8:38 AM
    In my poorer days (not much better now!) for about ten years I had an overdraft of about 7,000 which obviously cost me a fortune to maintain on a monthly basis. I have no argument with the interest I was having to pay but wondered if there might have been an element of credit insurance (i.e similar to PPI) that I was being charged? Anybody got experience of trying to claim this back?
Page 1
    • zx81
    • By zx81 29th May 19, 8:41 AM
    • 22,971 Posts
    • 25,377 Thanks
    zx81
    • #2
    • 29th May 19, 8:41 AM
    • #2
    • 29th May 19, 8:41 AM
    Highly unlikely, on a current account.
    • dunstonh
    • By dunstonh 29th May 19, 8:55 AM
    • 98,597 Posts
    • 67,015 Thanks
    dunstonh
    • #3
    • 29th May 19, 8:55 AM
    • #3
    • 29th May 19, 8:55 AM
    Most banks didn't offer PPI on their personal accounts. Although a few did. Barclays being the most noteable. However, I don't recall anyone ever mentioning that Midland/HSBC offered PPI on their current accounts.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

96Posts Today

1,459Users online

Martin's Twitter
  • RT @MartinSLewis: I sued Facebook for defamation over scam ads & settled in return for 2 things that LAUNCH TODAY -1on1 scam help at new C?

  • Bizzare German twitter mash article has called me "MARTIN LEWIS, der Geldsparexperte," Any german speakers out the? https://t.co/1tXEzCe4Y3

  • Have you ever been scammed? If so did you keep it quiet? If not would you keep it quiet or tell people? Please vot? https://t.co/68bkmbT9gc

  • Follow Martin