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PPI Claims - About PPI

PPI Claim News - 12/1/2010

 
Credit Card Claim: Supermarkets' banking role growing

Supermarkets are taking on a bigger role as financiers and are making inroads into the banking sector.

That is according to a report by comparison website uSwitch.com, which found that supermarket finance has overtaken traditional lenders and now perform best according to customer satisfaction surveys.

Its survey found that M&S and Tesco credit cards were top of the table for overall customer satisfaction (89.4 per cent), with Amex close behind on 88.6 per cent.

David Black, a banking analyst at research firm Defaqto said: "Tesco have said they are going to move into mortgages and current accounts. I think they are going to be a big threat in the current account world, particularly."

Last year, Sainbury's Finance announced that it was looking to "grow dramatically" by launching a new reward scheme that will see Sainsbury's shoppers rewarded for buying some of its core financial services products.

Belmont Thornton can help you make a PPI claimPayment Protection Insurance Claim, or a credit card charges claim. For free PPI Claim advice call 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim pack or credit card charges claim pack.ADNFCR-2776-ID-19553231-ADNFCR



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