News2 mins ago
Bank Card Protection Policy (Not Ppi)
7 Answers
For years I've paid about £30 pa for a Credit and Debit Card Protection Policy (not payment protection) which I thought I had to have, so that I would be covered if my card was stolen and used, etc. Now I've had a letter saying that the Bank would have given me that cover anyway, and that they are going through a consultation process to say whether I (and others, obviously) have been mis-sold this Policy. If the policy is cancelled, does the Bank really cover me for any spending on my account after I have notified them of a lost or stolen card? Touch wood, I've never lost a card or had one stolen, but sod's law and all that....
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