Reclaiming Bank Charges

JacquelineE · 12-03-2008, 03:38 PM

I am about to enter into the messy business of reclaiming bank charges, credit card charges and payment protection insurance charges. Anyone done this themselves - and succeeded. Step by step guide would be most appreciated.

javjav · 12-12-2008, 11:30 PM

I tried in the UK to claim back 120 UK Pounds of my bank for overcharge but i was told there is no way of getting that back. Say if a company tries to take money and you have told your bank not to pay them, but they still attempt to take money and you have nothing in, You will get charged -£30, But if you told the bank not to give the money and they did, then you can claim the money back, else there is no way.

geet · 12-30-2008, 01:58 AM

yep it can be done, have a look at the consumer action group website

Paper_Chaser · 12-31-2008, 12:55 PM

Quote:

Originally Posted by geet
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yep it can be done, have a look at the consumer action group website

Good tip Geet, nice one. Peace

geselaw · 12-31-2008, 01:40 PM

Yes I have done the same and got back 150USD.

ste · 05-23-2009, 10:37 PM

I had a friend who reclaimed £1200 fairly easily about a year ago and ive been wanting to claim a simular ammount myself. I have been with my bank since i opened an account at school for £1 & have always had the loyalty thing in the back of my mind because they have been good to me over the years but the charges ive been given in the last 2 years have been a bit steep!
But after reading more than once on various sites ive started to believe that loyalty stands for nothing with banks so im gonna make it my mission to get it sorted!!!

Jonnyh980 · 06-10-2009, 08:59 PM

I personally went £90 overdrawn for a week and was charged a total of £265 for the privelege, that works out at well over 15000% APR. Unfair at best.

I had direct debits honoured by the bank when i had no money in my account due to losing my job.

The bank has never let me go overdrawn EVER before.

I am in the middle of a lengthy battle with them and currently have recieved £75 "good will gesture"

I have heard of people taking these types of problems up with the banks through external companies who charge a percentage for their services and am aware that they recieved almost all of the charges back minus the percentage to the intermediary.

Fighting the banks is an impossible task for the leyman but to the companies out there that advertise their services, this is a walk in the park.

I say go for it.. Stick it to them. Loyalty is nice when it is a two way street.

Good luck with your case. Il be watching for an update, if it all goes well you can link me to the company that sorted you out!

Johnny.

Jonnyh980 · 06-14-2009, 08:36 PM

UPDATE : -

I recieved the £75 good will gesture, then also recieved the full refund of my bank charges.

WOOOT £75 up.

Go Go sticking it to the big man!

steviep005 · 09-17-2009, 05:00 PM

I tried to claim over £1200 of charges but the case was put on hold, havent heard anything for over a year now

webbo · 09-17-2009, 05:03 PM

Whilst the trial court case is going through they will put payments on hold, some banks will bite the bullet and just pay up but all banks must consider and review your case if you tell them that you are in times of hardship.