Have you ever had a Packaged Bank Account with Bradford and Bingley?
You could be owed £1,000s in compensation if Bradford and Bingley mis-sold your Packaged Bank Account.
Many consumers have been upgraded to a Packaged Current Account by Bradford and Bingley. Usually Bradford and Bingley charge a monthly fee for a Packaged Bank Account which can range from £5 to £25 per month in return for extra benefits in the form of insurances such as Travel Insurance, Breakdown Cover, Gadget Cover & Card Protection.
Many customers across the UK who were sold a Packaged Current Account from Bradford and Bingley won't be eligible to use any of the Insurance services that that were offered because of pre-existing medical conditions or pre-existing cover elsewhere. Bradford and Bingley may of enticed customers with an offer of a Loan, Mortgage or an Overdraft Facility for having a packaged bank account.
If you feel that Bradford and Bingley has given you wrong Financial Advice with your Packaged Account then start you claim by completing the form opposite.
Bradford and Bingley mis-sold their Packaged Bank Accounts in various ways:
- Customers were not made aware by Bradford and Bingley that they may not be eligible to claim on one or more of the bundled insurance policies.
- Bradford and Bingley sold a Packaged Accounts with bundled products that customers would never need.
- Sales advisor pressured you into it, making you feel like you had no choice.
- Bradford and Bingley may have told a customer they needed a Packaged Bank Account to be eligible for credit.
Have Bradford and Bingley mis-sold you a Packaged Bank Account?
- You did not ask Bradford and Bingley to upgrade your account to a "fee" paying account.
- The costs/fees of the Packaged Bank Account were not clearly explained by Bradford and Bingley either by an advisor or in writing.
- Bradford and Bingley did not explain the Packaged Account was optional.
- You were led to believe by Bradford and Bingley that you could have an overdraft, loan or mortgage if you had a packaged bank account.
- Bradford and Bingley did not ask about any pre-existing insurance policies you already had in place.
- Bradford and Bingley upgraded your account without your knowledge.
- Bradford and Bingley did not explain all of the additional products that were inclusive of the packaged account.
If any of the above statements are relevant, you could be entitled to:
- Refund of premiums from Bradford and Bingley that you paid for the package current account.
- Compensation interest at the rate of 8% per annum on the refunded premium.