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Can I Claim Back Credit Card Charges

In the past 10 years anytime someone applied for a financial service they probably were offered payment protection. The payment protection was supposed to insure financial services ranging from credit cards, store cards, bank loans, and more. As a result of people trying to build their credit they purchased credit cards and some willingly and some unwillingly had payment protection insurance. Majority of the time however, when these policyholders tried to use their policies they were denied coverage based on not meeting the requirements for eligibility. In these instances most of the policyholders find themselves asking can i claim back credit card charges.

The good news is if your lender failed to fully explain the terms of your policy it may be considered to be mis-sold and you may be entitled to make a payment protection claim. Other ways in which a policy may be mis-sold include: policies added without the customer's consent, customer's being sold a policy they are ineligible to use and customers being pressured into taking out the cover. If you are are asking yourself the question "Can I claim back credit card charges?" and are unsure of the answer, you may find it useful to contact a claims companies. These companies would normally need a bit of information from you including but not limited to:

  1. Name on documentation relating to payment protection insurance
  2. Type of financial service such as credit cards, bank loans, or mortgages attached to payment protection insurance
  3. Name of payment protection insurance company in which you wish to file a payment protection claim against.

A claims company will also usually be able to help you claim back unfair credit card charges applied for late payments and over the limit fees. In 2006 the Office of Fair Trading investigated these charges and found that many companies were charging fees that were unfairly high. The Office of Fair Trading suggested that a limit of £12 should be applied for such charges and, as a consequence, most companies have now lowered their charges to this level. This means, in answer to the question "Can I claim back credit card charges?" the reply is "Yes, if you have paid unfair charges in the last six years.


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Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

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