Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Which? finds variety in overseas bank charges

Overseas credit card charges can be too complicated and high, consumer body Which? has claimed.

Information about these fees can be undisclosed on statements and in hidden locations on a providers' webpage, but are occasionally "exorbitant", the organisation claimed.

Researchers from the watchdog travelled to Calais, France, in December 2011 and made a €20 (£16.75) cash withdrawal from a bank machine, as well as a €5.95 supermarket purchase on a debit card.

They found Halifax charged users 33 per cent more than Norwich and Peterborough's (N&P) Gold Light Current account when buying the goods in the superstore.

If ten overseas transactions of £50 were made with an N&P card, they would be free, while a Halifax customer would have had to pay £28.75.

"We want to see overseas bank charges made clear to consumers when they sign up for their current account or credit card," Which? executive director Richard Lloyd said.

Sainsbury's Travel Money recently discovered 65.3 per cent of all pre-paid currency cards incur bank charges when used in a different country.

Jennifer Haines

Jennifer's speciality knowledge is credit card changes and balance transfers.ADNFCR-2776-ID-801298120-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

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 B11, 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.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide