PPI has been added to the cost of millions of credit cards, often without the customer opting for the PPI, or knowing that it was being added to the cost of their credit card.
If you have taken out a credit card within the last 15 years, you could have been the victim of PPI mis-selling.
- Were you made aware of PPI being added to your credit card?
- Did you willingly opt for PPI?
- Was PPI explained to you by the creditor?
If you can answer ‘No’ to any of these questions, then we can help you get back the money you are entitled to from your creditor.
Even if you are unsure whether you have actually paid towards PPI on your credit card, we can investigate your accounts for you, for your peace of mind. And remember, we work on a ‘No Win, No Fee’ basis*, so you have nothing to lose from instructing us
How much PPI could I claim back on my credit card account?
If PPI has been mis-sold on your credit card, you are entitled to a refund of the amount of PPI that you have paid. The amount of PPI charged on a credit card account is usually calculated as a percentage (on average around 0.79%) of the monthly balance on the account. Therefore, on a monthly account balance of £7,000, you could be paying around £600 a year in unnecessary PPI.
These figures soon mount up, and we have obtained refunds of many thousands of pounds for our clients. Whatever the size of your credit card balance, if PPI has been mis-sold to you, you are entitled to your money back from the creditor, and we will help make that happen.