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Natwest credit card offers


Maximus
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Hi

 

I have sent LBAs to Natwest regarding 2 credit card I had in the last 2 years totalling £400 in charges & 8% interest.

 

They have wrote back on both offering a total of £115 on the two. The difference between the claim and the £12 charges OFT recommended a while back.

 

Given the test case for bank charges and that some courts are staying some cases, any advice if I should proceed [my local court is London Central county court] or just accept this offer?!?

 

Really unsure on this. Anyone else been in this position since the bank charges test case or courts staying cases?

 

Cheers

 

Maximus

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Was in the same position with Crap One, rejected offer, filed at court, no stay applied, and Crap One have just offered me the full amount plus CI plus s.69 8%.

 

Natwest have just made a similar pathetic offer on my OH's credit card. Have today sent a combined LBA/partial acceptance letter. I'm sure they won't change their mind so it will be off to Court for him soon. I put in a bit about the OFT report regarding the £12 charges just to wake them up a bit, but I doubt it will make any difference. My local court aren't doing blanket stays, and credit cards are separate issue, though no doubt Nastywest will try and fob you off.

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Hi Wendy

 

Thanks for getting back to me. So have you accepted their weak offer and have agreed to get it paid to you, but are filing an N1 for the difference?

 

If so, could I be cheeky and ask if you could copy the letter so I can, ahem, borrow from it?!

 

Cheers

 

Max

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Not exactly, I've sent them a letter which basically says I'll accpt only in partial settlement, and combined this with an LBA which they should have received by now. No doubt they'll say its their final offer, so will end up filing N1 for the whole amount, thats what I did with Crap One. Obviously if they do plonk the pathetic offer onto the card, i'll only file for the difference. If you pm me your email address I'll send you copies.

 

Wendy

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