Reclaiming Mis-sold Packaged Account Fees

[kennyh]

Can anyone advise whether CAG is advocating the reclamation of Mis-sold Packaged Account Fees?

[dx100uk]

yes why not!

 

sounds plausable

 

dx

[kennyh]

Reason I raised it was that the almost iniquitous 'Martin' has raised it in his newsletter and, being a long time supporter of CAG I felt it was unlike Marc et al to 'miss a trick'. For my part I'm now sitting down to read some seriously small print.

[Jamesx81x]

If the upgraded accounts without your knoweledge or advised you incorrectly by stating the package would benefit you better when it would not at all then that is mis-selling just as PPI.

[kennyh]

My reason for raising this particular 'hare' was that we had been lumbered with a "Royalties Gold" account which, among a host of, less than useful, 'benefits' facilitated an overdraft facility(which you pay foe as a separate entity in any event). However, having searched extensively for the various 'Gold' brochures, I believe that I have 'ditched' them along the way(they were quite bulky and we have had occasion to move in recent years) and cannot now point to the, less than useful, benefits which I would have used as grounds to reclaim the monthly fee.

[Jamesx81x]

When you say 'lumbered' did you know they had changed the account or did they do it without your knowledge.

 

It is mis-sold if a product is added without your consent as you are entitled to review the details and make an informed decision

 

or

 

You agreed to the account but on the basis of false information ie, the bank saying you were entitled to benefits that were of no use to you.

 

James

[huggy41]

just found this online

 

http://www.dailymail.co.uk/money/holidays/article-2269693/23-000-medical-shocks-family-father-coma-cruise-ship-travel-insurer-refuses-pay-up.html