Egg Card now owned by Barclaycard

[MandM]

Hi

 

 

First of all did you use the standard template letter that is on this wiki page? http://www.consumerwiki.co.uk/index.php/PPI I looked at various templates and info on this and other web sites and adjusted what i found to suit. It's important to take out all the bits that don't apply as the templates can be a bit OTT for your complaint.

 

Secondly how do you calculate the interest on PPI? I found some excel spreadsheets here http://www.consumeractiongroup.co.uk/forum/content.php?559-Interest-Calculation-Spreadsheets but I think these are for CC charges rather than interest on PPI? I didn't like the template ones so (with some pointers from Pompeyfaith) I did my own calcs.

 

Also, when you write to them do you tell them the total amount you are 'claiming' back or do you include the spreadsheet with the calculations? I did.

 

I'd be grateful for any pointers you can give and good luck with your mission!

 

N x

 

I'll try and find the link that Pompeyfaith sent me to and post it up.

 

M

[Neeta]

Thanks for your reply M, would be great if you could post the link with Pompeyfaith's advice, Im finding the calculations the hardest bit to get my head round now.

 

N x

[MandM]

Thanks for your reply M, would be great if you could post the link with Pompeyfaith's advice, Im finding the calculations the hardest bit to get my head round now.

 

N x

 

Hi Neeta, sorry for the delay, took a bit of finding! This is the thread >>>> http://www.consumeractiongroup.co.uk/forum/showthread.php?212778-Emmtay-v-barclaycard-PPI-insurance and in it you'll find the links for the calcs.

 

Any problems then post back and i'll try and help.

 

M

[Neeta]

You're a star! Thanks for tracking that down for me

 

N x

[slick132]

JimPike's posts and Bosund's replies removed to avoid further hijacking.

 

8-)

[Bosund]

Even though they were both relevent to M&M's case....

[slick132]

We try to keep threads separate or they become confusing for all concerned.

 

The posts are all here - http://www.consumeractiongroup.co.uk/forum/showthread.php?293220-Jim-Pike-v-Egg-PPI&p=3284961&viewfull=1#post3284961

 

8-)

[Jim Pike]

Well Slick

 

I didn't particularilly want a thread, I was infact giving support to MandM and exchanging views. I thought the idea of the forums was to get discussion, I have seen many threads on CAG that have gone off topic completely but have not been edited like this.

You have infact removed posts that MandM made which are relevant to his thread.

I would rather you had just deleted my "non relevant posts" from MandMs thread, and not moved MandMs posts.

 

JIM

[slick132]

Hi Jim,

 

As already said on the other thread, no offence or criticism was intended and sorry if the move annoyed you, Bosund or M&M.

 

8-)

[MandM]

Hi all,

 

This has taken a rather peculiar twist. I've not pursued the PPI on this for some time, but it's been a good tool for keeping Egg and their muppets at bay.

 

I've had a notification from Egg that my old Egg card (£5k debt) has been sold to Barclays/Barclaycard. My issue with this is that I bank with Barclays AND my only surviving card is also with them.

 

As Barclays have bought the Egg debt and, up until now, I've always refused to negotiate on it and paid very little, can Barclays now use the Egg debt to raid my bank account?

 

Obviously this is a big concern and will now doubt affect others in the same boat. Any links to similar situations would be greatly appreciated.

 

Mike

[MandM]

Looks like I've found the answer! http://www.consumeractiongroup.co.uk/forum/showthread.php?297412-Barclays-will-keep-Egg-separate-but-job-fears-remain

 

Not the one I wanted unfortunately. Time to open a parachute account it seems.

 

M

[slick132]

Hi M&M - long time, no hear.

 

You've already seen that Barclays can and will raid a Barclays bank a/c to pay arrears on an Egg debt.

 

Turning this around slightly,Barclays announced at the start of the week that they will settle all PPI claims on Barclays a/c's that were made before 20th April 2011.

 

So I wonder if they'll also settle Egg PPI claims in the same manner, on their "no quibble" basis.

 

[MandM]

Hi M&M - long time, no hear.

 

You've already seen that Barclays can and will raid a Barclays bank a/c to pay arrears on an Egg debt.

 

Turning this around slightly,Barclays announced at the start of the week that they will settle all PPI claims on Barclays a/c's that were made before 20th April 2011.

 

So I wonder if they'll also settle Egg PPI claims in the same manner, on their "no quibble" basis.

 

Hi Slick,

 

Too long! Hope you're well and life is good for you.

 

The thought had crossed my mind lol. We've already had the 'surrender' letter from an old Woolwich loan which was put on hold last November. Will post that one up when we get some movement, but looking good so far

 

I'm assuming that as the correspondance for this card from Egg suggests that BC now own the account, warts and all, then the PPI issue becomes their problem also. If so, it could make the PPI claim worth another shot as there's less likelihood of my 'other' Egg issue muddling things i.e. the other £25k I owe Egg (allegedly lol).

 

Mike

[slick132]

From what I read about the acquisition, the Egg name will continue to be used for the credit card product and it will be separate from BC.

 

So perhaps it'll be Barclays Bank PLC t/a Egg.

 

[MandM]

hi have been paying off this account since defaulted on it many years ago when it was still with Egg. Since then I understand Barclaycard have bought out Egg Card

 

Think I got a letter from them but cant find it now.

 

I am thinking of going to Barclaycard to ask for my PPI back

with the view to paying off the outstanding amount.

 

Originally asked Egg back in late 2000's but they said no.

Didn't know about the FOS then so by the time we did ask it was to late.

 

Having found out this week that Barclaycard are paying out PPI claims that were refused years ago even ones that went to court and lost I am thinking it might be worth a shot

[dx100uk]

yes very good idea

 

 

dx

[MandM]

yes very good idea

 

 

dx

 

Yes, I may as well give it a pop and I'll post the result up here.

 

I've had another Egg related issue hanging in the background that may have confused this but that's jusy gone beyond the SB limit and, luckily for me it seems, they seem to have forgotten all about chasing that one up.

 

Which opens the way for me to pursue this one.

 

I'll have a bit of a game with BC for a while and see where it takes us.

 

Mike.

[MandM]

Well put in the claim and Barclays have come back with their response

 

they are sticking to the fact that I applied for the PPI on line, blah blah blah

and obviously because its past the FOS deadline cant do a lot.

 

Its annoying because I know I was missold this but I will have to wait until such a time as the FOS admit that they were wrong with their time limits and let everyone put their arguments in again.

 

Not even sure if going down the court action route will work

[dx100uk]

which claim this one

or the egg one

[MandM]

the Egg card now owned by barclays

[dx100uk]

pop back to post 54 and before

you applied online

there was no option to untick etc

[MandM]

pop back to post 54 and before

you applied online

there was no option to untick etc

 

 

Certainly was dx. However, as I missed the boat with the FOS it leaves me in the tricky position of me having to take them to court and the onus of proof will then sit squarely with me.

 

 

I had my DSAR info way back from Eggy themselves and I can't find anything in there that gives me the ammunition to go at them with so, short of an admission of them pre-ticking, it's all a bit of a risk. If they call my bluff and go for a pre-hearing prior to allocation the costs could run into a few thousand which is a big risk I can't afford.

 

 

If I were to be totally honest I'm not confident that I DIDN'T tick a box.

 

 

I thought about farming this out to a claims company and let them take the risk but they only seem interested in going the FOS route (which isn't an option here) as they love an easy life.

 

 

Mike

[MandM]

Certainly was dx.

 

 

Edit: I meant it certainly was an online application

 

 

Mike

[dx100uk]

post 81

[MandM]

post 81

 

 

Thanks again DX. Sooo long ago now! But prompted me to read through the history again.

 

 

Will think some more but doubtful that I'll progress this.

 

 

Mike