Barclaycard PPI was sold to thousands of people in the UK. It’s important to make a PPI claim before the deadline and find out if you’re owed money.
Despite being one of the biggest credit card providers, even Barclaycard mis-sold payment protection insurance to many customers. It’s crucial to find out as soon as possible if you are due a PPI refund because of the upcoming PPI deadline. The Financial Conduct Authority (FCA) has announced August 2019 as the official deadline for making claims. With less than two years before the cut-off point, you must act now in order to receive your money.
So far, the banks have paid almost £28 billion to customers for PPI refunds. Many customers were unaware that they even bought PPI. Often, it was automatically added onto accounts or consumers were told it was compulsory. Bank employees needed to ask customers about their employment and any pre-existing medical conditions. But, all too frequently, these questions were not asked.
If you had a Barclaycard credit card and believe that you might have been sold PPI, read on below to find out how to make a claim. You’ll also discover how Canary Claims can help you every step of the way with your PPI claim, making it a hassle-free, stress-free process.
How Did Barclaycard Mis-Sell PPI?
Barclaycard was the first British credit card in the UK. It first went on sale in 1966 and credit card limits were set to no more than £200. The card soon expanded across the world and is still a popular credit card choice today.
Barclaycard is owned by Barclays. Barclays PPI was mis-sold to thousands of customers and this is true of Barclaycard as well. Barclaycard PPI has affected many customers and there have been several complaints that the bank is slow to respond to PPI claims. Although the bank has been forthcoming with sending out letters to customers, there are still a lot of people who could be due a PPI refund.
If you bought a credit card with Barclaycard, it’s possible that PPI was mis-sold to you with it. If you previously made a PPI claim to Barclaycard but it was rejected, you might even be able to make a new claim, due to the Plevin ruling. This means that if over 50% of your PPI was commission — and this was not disclosed — you can make a claim. This new form of misselling enables some people to make another claim if their first was rejected.
How Can You Make Barclaycard PPI Claim?
Barclaycard PPI claims can be made by contacting the bank. However, for a stress-free claim, contact Canary Claims. We have nearly a decade of experience making claims for customers. Our London-based office can contact Barclaycard on your behalf. We will keep you informed every step of the way, throughout the process.
No paperwork about the account? This is not a problem. Our experienced staff can uncover if you did have PPI. Once we have this information, we can start a claim for you.
Due to the upcoming PPI deadline, it’s crucial to start your claim as soon as possible. The banks are busy resolving claims and the process can easily take up to six months. So, start your Barclaycard PPI claim today to avoid receive your money as soon as possible.
Canary Claims offers a no win, no fee policy and an incredibly low fee of only 15% + VAT on successful claims. It’s time to find out if you’re owed Barclaycard PPI. Let us help you reclaim your PPI refund today.