HSBC Credit card PPI

[Beetley]

I took out joint Midland Bank VISA / Mastercard credit cards sometime before 1997. I have credit card bills going back to that year, which show that i was paying Cardholder repayment protection from at least that date, but I do not know when I took out the credit card, or when the PPI was sold to me.

 

I do not have any original documentation that I can find so far. I do not remember when I took out the credit card, but could have been from 1989-1997, with somewhere between 1992-1995 most likely probably. I would suspect I applied within branch, but cannot remember, and also that the PPI was sold to me at that time.

 

I cancelled the PPI in 2007.

 

From 1994 in my first true job, I had healthcare insurance that would pay me 75% of my salary indexed linked for the rest of my life if I was off work for illness or due to an accident.

 

I also always had savings that would have paid off more than the maximum amount of the limit of the credit card borrowing.

 

Do I have a good case for claiming miss old PPI?

 

Would the best action to first do a SAR for HSBC, or can I just fill out a PPI consumer questionnaire (I have downloaded a standard one from Martyn Lewis's website) with the above information?

 

Thanks - appreciate any advice you can give.

[ims21]

Hi and welcome along.

 

You may not get data that old from a SAR but there is no harm in trying. My SAR to HFC (part of HSBC) got me data going back to 1989.

 

You don't actually need the statements to put in a claim for mis-selling, you would only need them to be able to check any offer the lender may make you.

 

You can always fill in the questionnaire and lodge your mis-selling complaint and then worry about the figure work later.

[Beetley]

Thanks for the quick reply.

 

So in the box "About your complaint" would this be a good answer?

 

I do not remember taking out this insurance. I cannot recall exactly when I first applied for the credit card, but I have statements going back to 1997 at least. On all of them, until I cancelled the policy in 2007, Cardholder repayment protection was paid whenever I had more than £100 on my credit card bill.

However, I did not need this insurance, as the firm I worked for provided me with comprehensive income protection insurance in the event of an accident or illness.

I also had significant savings that would have more than paid off the maximum amount I could borrow on the credit card.

If this had been explained to me when I took out the insurance I would not have taken it out for the above reasons, therefore I believe the insurance was missold.

 

Thanks

[ims21]

 

 

 

I do not remember taking out this insurance. I cannot recall exactly when I first applied for the credit card, but I have statements going back to 1997 at least. On all of them, until I cancelled the policy in 2007, Cardholder repayment protection was paid whenever I had more than £100 on my credit card bill.

However, I did not need or want this insurance, as the firm I worked for provided me with comprehensive income protection insurance in the event of an accident or illness.

I also had significant savings that would have more than paid off the maximum amount I could borrow on the credit card.

If this had been explained to me when I took out the insurance I would not have taken it out for the above reasons, therefore I believe the insurance was missold.

 

 

I would get rid if the bits in red above and add in the bit in blue

[allison6564]

Good luck with taking on HSBC....I,m in the middle of trying to claim nearly exactly same as your circumstances and they,be been fighting all the way. The one thing that in my case could make a HUGE difference is a copy of the terms n conditions for the midland card PPI from that time....I know its a long shot but you don't,t have a copy do you with all your statements xxx

[Beetley]

Not that I have found so far, unfortunately. There is a possibility it could be filed away in some old stuff at my parents, but not sure when I will be there to look...

 

Good luck with your case too.

[allison6564]

No problem but please if you do get to find a copy can you let me know as it would make my case against them and would mean enough payout to sort my debts lol xx

[janesteer]

Sorry to butt in on your post but I was wondering if anyone had an address for a HSBC sar request, I sent one to the Leeds address but the letter is stuck with the Post Office (I used their track and trace service). I have found the following address:

UK Data Protection Office

HSBC Bank

Griffin House 1-01

41 Silver Street Head

Sheffield

S1 3GG

 

 

Should I used this one?

Good luck with your case.