Providian Credit Card PPI success

[eggopp]

Well 3 weeks ago i wrote to Barclaycard after some research to discover this tangled web of who buys who and what...

 

My old Providian Credit card that i had between 2003 and 2006 with a pathetic £500 credit limit was bought out by Monument, which in turn was bought out by Barclaycard.

 

Well as i said 3 weeks ago i wrote to barclaycard, told them i was wanting to claim my PPI back on the providian card, within a few days i had a letter saying they were looking into it and gave me the standard we have 8 weeks etc..

 

Today i had a letter from Barclaycard asking me to accept in full (which i will) the lovely sum of £403.00.. wow i nearly fell over my limit was only £500 during the whole of the 3 years i had my credit card..

 

Thank you barclaycard, what a speedy response!!

[MARTIN3030]

good but did that include interest ?

[eggopp]

yes in deed, this is how it was worked out, premiums from sept 2003 till Jan 2006... £180.31

Value of compound interest charged at on premiums £63.58

Interest on credit balance at equiv of 8% per year calculated on monthly basis £159.35

Interest at equiv of 8% per year to closure date £0.0 (zero)

Total refund £403.24p

 

Im well happy seeing as my limit was £500 and i had used it to the limit most of the time.

[MARTIN3030]

Very good.

[matman85315]

Hi I saw that you sent your PPI claim to Barclaycard for your Providian card, could you tell me address you used as I wish to reclaim my own PPI on the Providian that I had.

[eggopp]

Hi I saw that you sent your PPI claim to Barclaycard for your Providian card, could you tell me address you used as I wish to reclaim my own PPI on the Providian that I had.

 

Hey mate, im in Rome till next Wed, soon as i get back i will send the address.

 

Best regards Steve

[matman85315]

Hey mate, im in Rome till next Wed, soon as i get back i will send the address.

 

Best regards Steve

 

Ok that's not a problem at all. Enjoy youe time in Rome.

 

Shaun.

[eggopp]

Hi Shaun

 

The address for Providian Credit Crads (which were bought out by monument, which in turn was bought out by Barclaycard and they WILL accept full responisbility for it) is as follows

 

Barclaycard

Customer Relations Department

PO Box 9131

51 Saffron Way

Leicester

LE18 9DE

You will get a reply from Barclaybard saying that Providian did not use PPI but instead provided something called PBP (Payment Break Plan) but treated it the same way as PPI.

 

Hope that helps

 

Best Steve

[matman85315]

Thank you Steve for the address.

Is there a smpile template letter that I can use to send to the companies that I wish to claim back mis-sold ppi's

Shaun.

[eggopp]

Well i believe there are templates on here, i used them when claiming bank charges back in the day.. on this occasion i wrote my own letter which clearly worked, ive even had the money and SPENT it already!.

 

PM me your email address and i will gladly send you my letter, then you just put your own details on it.

[ims21]

Well i believe there are templates on here, i used them when claiming bank charges back in the day.. on this occasion i wrote my own letter which clearly worked, ive even had the money and SPENT it already!.

 

PM me your email address and i will gladly send you my letter, then you just put your own details on it.

 

Matman won't be able to PM you and of course it is not encouraged to give personal info by PM.

 

Why not post your letter up here eggopp so that others may benefit from your approach?

 

ims

[eggopp]

Matman won't be able to PM you and of course it is not encouraged to give personal info by PM.

 

Why not post your letter up here eggopp so that others may benefit from your approach?

 

ims

 

Oki Doki...

 

Well here is my basic letter, which served its purpose, right or wrong i sent this to all my PPI people and they all responded to it, but using the correct addresses for each one.

 

Also you dont have to provide actual account details if you dont know them as long as you can confirm who you are and the address you were at when you held the cards..

 

My letter below

 

Steve

 

Barclaycard

Customer Relations Department

PO Box 9131

51 Saffron Way

Leicester

LE18 9DE

 

 

Dear Sir or Madam,

 

Re: Providian Visa owned by Barclaycard Account **** **** **** 1459

 

I am writing in relation to the above payment protection (PPI) policy which i believe was mis-sold to me in relation to my visa card.

 

I believe you have not treated me fairly for the following reasons;

 

· The PPI was added without my knowledge..

 

· You have been punished by the Financial Services Authority for failing to treat customers fairly and I do not believe that the PPI I bought was sold in my best interest.

 

Unless you can prove that the policy was fair and reasonable and that I was treated fairly when I was sold the insurance, I demand a full refund of all premiums, and subsequent interest on these payments, that I have paid in relation to this policy. I also expect 8% interest to be added to each payment I have made as this is the statutory amount a court would pay.

 

I look forward to your full and prompt response to this letter. If this matter is not settled within eight weeks of this letter I shall be contacting the Financial Ombudsman to investigate my complaint.

 

This letter is in respect of the above account that was issued by Providian Credit cards.

 

Yours faithfully

[ims21]

Nice one