Have you ever had PPI with Tesco Bank?

You could be owed £1,000s in Tesco Bank PPI compensation.

If you answer "No" to any of the below questions, there's a very good chance Tesco Bank mis-sold you PPI:

Tesco Bank should not have added PPI to your agreement without your permission.

Tesco Bank should have given you the unpressurised option of having PPI.

PPI would not have been needed from Tesco Bank if you had pre-existing PPI cover elsewhere.

Tesco Bank should have explained the cost of PPI to you at the point of sale.

If over 50% of your PPI premiums were paid in commission to Tesco Bank and this was not explained to you, the "Plevin" ruling means you were mis-sold.

Again, Tesco Bank should have given you the option of having PPI or not.

Your right to cancel PPI within the cooling off period should have been explained to you by Tesco Bank.

How do I start my Tesco Bank PPI claim and what am I entitled to?

My Claim Solved have had great success in reclaiming PPI for customers against Tesco Bank and so far we have reclaimed over £42m* for our clients in PPI mis-selling.

If you were mis-sold PPI by Tesco Bank, and the claim is successful, you would be entitled to a full refund of PPI premiums you paid to Tesco Bank, a full refund of interest charged and compensation interest at 8% per annum on the above sums.

Don't Delay! If you would like to start your PPI Claim against Tesco Bank, complete the form at the top of this page.

* PPI refunds obtained through our claims service, amount is prior to our fees plus VAT and any income tax.

Tesco Bank & Mis-Sold PPI

Many consumers were mis-sold PPI (Payment Protection Insurance) by Tesco Bank, PPI was usually attached to a customer's policy by Tesco Bank, in some cases without their knowledge. Tesco Bank were known to decline a credit application if PPI was refused by the customer.

Tesco Bank PPI wasn't all bad, it was intended to protect borrowers' from being unable to make repayments if they were unable to work due to illness or injury. The problem was how PPI was mis-sold by Tesco Bank.

There are many examples of Tesco Bank mis-selling PPI, some consumers were not even made aware by Tesco Bank that PPI was attached to their policy, and if the customer was made aware that PPI had been attached, they were not told by Tesco Bank that it was optional.

A new PPI mis-selling factor called "Plevin", which means if over 50% of the PPI premiums you paid were set out as commission to Tesco Bank, and this was not demonstrated to you at the point of sale, then you would be due PPI compensation from Tesco Bank.

Other Providers Known for Mis-Selling PPI

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  • Address: My Claim Solved Limited, Tormohun House, Barton Hill Road, Torquay, TQ2 8JH

  • Phone: 01803 322 822

  • Email: info@myclaimsolved.com