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Reclaim Credit Card Protection Insurance Charges

When trying to reclaim credit card protection insurance charges there are some things to be extremely careful of. Although you want to get any money back that you have paid into this cover, you are probably also anxious to have PPI removed from your card at the same time so that you don't keep making payments for a cover you don't want or can't use. This is the part you need to pay attention to because if you don't do it the right way it could end up costing you more than just a few pounds!

PPI is Attached to the Card/Loan

One of the things which people aren't aware of is that PPI is attached to the loan as it is paid in full with a onetime premium when you take out the loan. In order to reclaim credit card protection charges and take that cover off your card at the same time you would need to file a formal claim. Here is why. Because you are paying each month on a fee that is assessed once, it is like adding two loans together. If you don't pay one the other is defaulted on as well.

Reclaim Credit Card Charges & Remove Cover at One Go

Whether you use a PPI claim company or file a PPI claim on your own, you will be asking to reclaim credit card charges and you will also make it perfectly clear that you want that insurance off your card when the claim is finished being processed. You would think that is only logical because you are making a claim against mis sold PPI, but you would be surprised at how many people have reported getting a bill for the same amount it always has been for.

Keep Watch of Your Next Statement

You can reclaim credit card charges then at the same time you can have that cover removed, but you need to be very clear that you expect nothing less than the situation being rectified once and for all. Because of all the times consumers find that premium still being charged against their credit card bill they are watchful that this isn't the case with them.

Claims Specialists Work Claims from Beginning to End

A professional claims management company is able to help you file your claim and notify the credit card issuer that you do not want this cover ever showing up an your bill again. Your claims specialist will not only work on your behalf but will negotiate settlement with the credit card company. Sometimes this is a simple matter that can be dealt with quickly whilst other times you will need to file an appeal with the Financial Ombudsman Service.

Again, all of that is easily dealt with by your claims specialist because they are there to work for you. If you don't win, they don't win; which leads us to finding a good claims specialist. Never contract with one that is going to charge you a deposit fee and look for a claims management company like Belmont Thornton that operates on a no win no fee basis. To speak with a claims specialist today to have PPI removed from your card whilst working to reclaim credit card charges call 0207 471 2000.


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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 16, Elysium Gate, 126 New Kings Road, London, SW6 4LZ 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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* 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.

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