Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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i have payment protection on my credit card. it's 79p for every 100 quid i use on it, but why would i need this?
they never explained anything to me, just said it's best to tick it.
can i cancel it at any time?
thanks.
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Dom
Member
Registered: 13th Sep 03
User status: Offline
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http://www.moneysavingexpert.com/cards/credit-cards-protection
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Ste
Premium Member
Registered: 5th Mar 03
Location: Taif, Saudi Arabia
User status: Offline
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Yeah it is a rip and you you can claim back all the money you have paid them in the last 5 years for it.
Have a look on www.moneysavingexpert.com for tips on how to do it.
I would rather lose by a mile because i built my own car, than win by an inch because someone else built it for me.
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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cheers lads, i've only paid about 7 quid in all over the last 6 months for it so would rather just write that money off and never get charged ofr it again
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Richie B
Member
Registered: 18th Apr 04
Location: Newcastle
User status: Offline
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They always get people to sign for it. Even once you've paid the balance off, people still get charged for it (in the case of a yearly charge)
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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yeah i got charged 79p even though i had never used the card before. it's only an emergency card really, sometimes put the petrol on it and that's it.
will give the bank a call tomorrow and hopefully they won't be arses about cancelling it, cheers.
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Richie B
Member
Registered: 18th Apr 04
Location: Newcastle
User status: Offline
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Nah, they shouldn't be. I think it's often sold on behalf of someone though rather than the creditor themselves.
You get protection on a credit card anyway to an extent
[Edited on 17-05-2009 by Richie B]
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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ok mate nice one, thanks for the help
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