Millions of people, just like you, have been mis-sold Packaged Bank Accounts, leaving them paying for benefits they either didn’t want or need, including:
Mobile phone cover
Packaged Bank Accounts, also known as ‘paid-for’ or ‘privilege’ accounts, charge a monthly or annual fee and are generally sold as an ‘upgrade’ account.
Their main feature is that, along with normal banking, they come with a bundle of benefits, such as travel insurance, mobile phone insurance and breakdown cover.
On the face of it they appear to be a good product, but for many people these ‘benefits’ prove unnecessary and poor value for money. In some cases, holders of these accounts may not even be eligible for the insurance cover due to age or existing medical conditions.
If you have one of these accounts, whether it was mis-sold to you or an automatic upgrade to which you were not given a choice, our expert team will assess your circumstances to see whether you can claim compensation.