card protection insurance -ultimate reward account

[ferncottage]

Afternoon .

 

Looking to see if anyone has had any success with the HBOS in regards to the ultimate reward packaged bank account .

 

 

I opened one in 2009 and have noticed that i was paying for a card protection policy that would pay out up to £75000

if there was any fraudulent acitivy on my card after it was reported missing .

 

My question is .

as this card proection insurance was of no value (the banks having to already cover such fraud )

would including it in a package of benefits/insurances mean that the entire package was missold .

 

 

Since the onus is on the banks to check that the products they where selling was suiitable .

 

any replies much appreciated

regards

[dx100uk]

IMHO yes

[ferncottage]

thanks for you quick reply .

 

 

Does anyone know of a precendent or example of when this augument was successful used to argue miss selling .

 

 

I have recieved a reply back from HBOS saying that they are not of the opinion that this would be miss selling ( they would say that )

and i will now have to go to the ombubsman which would be more straigh forward if i had a previous decision to reference

again thanks for your input

regards

[dx100uk]

https://cse.google.co.uk/cse?cx=partner-pub-0964707606882478:652l7hswbgv&ie=UTF-8&q=ultimate+reward+account&sa=Search+CAG#gsc.tab=0&gsc.q=ultimate%20reward%20account&gsc.page=1