Yet another question!

[aidanjm]

I have had a good look through the section about what can and cannot be claimed for and am happy with everything to claim back apart from one thing.

 

I have my

 

retd d/d or s/o charges

excess o/d charge

interest on my o/d (over the limit interest of course)

 

One thing that is puzzling me about the Bank of Scotland is that all of a sudden about 4/5 years ago they started charging me an account maintenance charge which did eventually turn into a charges as notified fee. I got no freebies for this charge nor was there anything different being done to my account. I have them every month for a good number of years and they are roughly £28.00.

 

Can someone advise me if I can claim them back?

 

Any help would be appreciated

[jowalshy]

This sounds like a charge for going over your limit. If it is then they are reclaimable. Have a look at your statements and see if you went over your limit in the month previous to the charge being taken. If you were then it looks like the over limit charge. As for O/D interest, you need to make sure that your overdraft limit is interest free. You can only claim back the interest relating to the charge taken. The advance spreadsheets in the library can help you calculate this.

[aidanjm]

Thanks - I will have a look when I get home.

 

I am just confused due to the fact that in one month - on the same page I am charged overdraft interest, excess o/d charge AND an account maintenance charge.

 

I cannot help feeling this is somewhat excessive

[aidanjm]

This sounds like a charge for going over your limit. If it is then they are reclaimable. Have a look at your statements and see if you went over your limit in the month previous to the charge being taken. If you were then it looks like the over limit charge.

 

I have had a look at my statements and I have indeed gone over my overdraft limit the month before so it looks like this is what the charge is for. This makes me happy as I was dreading having to re-calculate the whole six years again.

 

Without working out any of the interest for being over the limit the two accounts work out at £1570 and £5220

[jowalshy]

Don't forget that you can't claim all of the interest, only the part relating to your charges.

[aidanjm]

Don't forget that you can't claim all of the interest, only the part relating to your charges.

 

Ok - thanks

 

Your help is very much appreciated