Credit Card Charge Reclaim

Consumer law states that any charges levied on a consumer by their issuing credit card company must be 'fair and proportionate'. This begs the question; does it really cost £30 to write a letter informing you that your account is £1 overdrawn? The answer is obviously 'NO' so is it a fine then, or a penalty? Well the card issuers say not, they are not supposed to fine or penalise customers for missing payments or breaching credit limits but they have been doing just that and that is why people are claiming this money back very successfully.

In April 2006 the Office of Fair trading (OFT) stated that £12 per charge was fair in their eyes and that it would investigate companies that routinely charged more than that. While the OFT has no legislative power as such, it did prompt many companies to drop their charges into line and, more importantly, it set a precedent for reclaiming the difference.

If you have been charged £30 every time over the last 6 years, it creates a strong case for claiming back the difference (£18) if not the whole amount. We can even try and get back the interest that the money they have taken from you would have earned in a government rated savings scheme (8%).

By taking our short test to see if you are eligible to claim, we may be able to get that money back into your pockets and the best thing is, there are no upfront fees and, other than you supplying us with all the information, we do all the work!!

Are you eligible? >>