Just started my PPI claim against Natwest credit card, just sent of my SAR and £10 PO

card was taken out april 99

How do I work how much I could be owed

is it the PPI plus the culmintive interest of the card on that PPI over the years

Plus the 8% interest

Hi

With a credit card you will get back the premiums paid plus the contractual interest paid as a result of those premiums. In addition, where the removal of the PPI from the account causes a credit balance for any period, you will get 8% simple interest on that credit balance for that period.

This spreadsheet will help you reconstruct the account but you will need all of your statements to do it

ims

FosRunningPPI v101.xls

its going to well past 3K

yeah, natwest may play silly buggers with statments over 6 years old, its a 13 year old card.

Yep, your right...they may well do.

If you can't get all of the statements then you can use this spreadsheet which will go some way to working out the contractual amount but it won't do the 8% bit

FosCISheet v101.xls

ims

Natwest Credit card, refusing SAR as I did not sign my letter.

I was under the impression you did not have to sign

Credit card, Natwest current account, and voter registered to this address

You dont have to sign for it, but theres no harm in doing so. Just make sure to write over your signature with little xxxxxxxx's.8

I assume that's so they can see it, but not scan it and print it on to a pre-dated agreement

I can never see any reason for not signing a SAR not doing so wastes what might be valuable time in many cases!

ok, I'll sign it, but I'll make a scan before I send so I can compare.

You dont have to sign for it, but theres no harm in doing so. Just make sure to write over your signature with little xxxxxxxx's.8

Little X's?

Yes, you can sign either over a tamper proof signature strip or a grid of

XXXXXXXXXX

XXXXXXXXXX

XXXXXXXXXX

XXXXXXXXXX

if you change the colour of the "X" grid to a light grey or yellow, it prevents "lifting" of the signature.

Just to add, its not known for a bank to do this, but its a good idea to keep things secure.

Just to add, its not known for a bank to do this, but its a good idea to keep things secure. .

Sorry, but I have to differ.

http://www.guardian.co.uk/money/2011/dec/09/natwest-admits-signature-forgery

NatWest admits signature forgery

 

Suspicions were raised when a customer discovered he had 'agreed' to terms and conditions on a loan when he insists he hadn't

 

Sorry, but I have to differ.

http://www.guardian.co.uk/money/2011/dec/09/natwest-admits-signature-forgery

That was a bank employee who copied rather than lifted a signature though wasnt it ?

A blast from the past

back in 2012 I started my PPI reclaim against NatWest Credit card

Only got 6 years worth of statements on a 1998 to then 2012 card

Other things happened, huge falling out with landlady, never got back to it

still have the card, still got the PPI sitting there

I can't find my original SAR letter I started with, should have been on my GDrive but it is not

So looking for a SAR template letter and advice.

click sar in your post then

three threads merged for history.

title updated

I've got the SAR

only from 2001 though, they say they don't have the record for 1999 to 2000

Pity as that is when I was most stupid with money

inputting the numbers into the excel sheet found here

how is the interest calculated? is at the card rate or the 8% I keep seeing around as plainly when they is money on the account the PPI is getting interest added at the card rate

is the card still active?

dx

is the card still active?

 

dx

Yup, still 100% live with about £600 on it

then use the cisheet or the foscisheet at their int rate [avg over the years] in cell d15

for those months you don't know , either use say an avg of the 3mnts nearest data, or get you bank statements and workout the ppi level paid for them

ok, looks around £4 to £5k to reclaim

So its letter to cancel PPI and demand PPI with interest paid back next?

looking for the template letter, must be blind

you fill out the FOS customer questionnaire from the FCA PPI link on their website

and send that along with a copy of your spready to natwest

you fill out the FOS customer questionnaire from the FCA PPI link on their website

and send that along with a copy of your spready to natwest

So thats it, no covering letter ?

its not compulsory

PPI2.doc