Reclaim Credit Card Charges
In 2006, the OFT ruled Credit Card Penalty Fees of up to £35 were unfair, and many believe they’re actually unlawful. If you’ve heard bank charges reclaiming is on hold… don’t worry, credit card reclaiming isn’t!
Why credit card penalty charges are unlawful
Consumer law states that any charges credit card providers levy on their customers must be proportional to the actual costs they incur. Providers are not allowed to fine you. It is for this very fact that you are entitled to claim back 6 years worth of fees.
