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Mis-sold Packaged Bank Account Reclaim

What is a Packaged Bank Account?

Named as one of the top 10 most useless financial products by Which, Packaged Bank Accounts come with extra features included as a package. You pay a monthly fee to the bank, and in return are given a host of 'free benefits' to enjoy, such as mobile phone insurance, travel insurance and breakdown cover.

Occasionally upgraded without consumers knowledge, most of the insurance products included may have been completely useless and some consumers ineligible to claim on them.

Do I qualify for a Packaged Bank Account compensation claim?

You may have been mis-sold a packaged bank account if any of the following statements are relevant to you:

  • My bank account was upgraded without my knowledge.
  • I already had insurance cover elsewhere (Breakdown Insurance, Home Insurance, Travel Insurance, Mobile Insurance etc)
  • The cost of the packaged bank account was not explained to me.
  • I was told that by having a packaged bank account I would be more likely approved for other finance.

If my Packaged Bank Account compensation claim is successful what am I entitled to?

You will be entitled to a refund of all the premiums you have paid towards the account.

Including any other financial loss as a result of having the account, this can range from overdraft fees and interest on you overdraft.

You will also be entitled to an additional 8% interest per annum since you started paying for the account on the amount of compensation.

Why use My Claim Solved for your Packaged Bank Account claim?

My Claim Solved is regulated by the claims management regulator in respect of regulated claims activity, we operate a "no win, no fee service*" and charge no hidden fees for using our service.

We have successfully secured over £25 Million of compensation for our clients.

We have secured compensation amounts from as little as £1 to as much as £118,000.

We have a team of dedicated and trained claims handlers specialising in these claims, they put you first and fight your corner to secure you the compensation you are entitled to.

We are one of the leading claims management companies in the UK, we have strong relationships with a number of the biggest providers and have negotiated servicing that many claims management companies don't have.

*A fee may be payable if a case is not pursued at the clients request once the claim has been processed by the Company.

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