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Overdraft Fees

Overdraft fees are penalties charged by banks whenever a customer exceeds their agreed limit and falls into the red. Customers can be charged up to £35 each time in overdraft fees, and the longer they are in the red, the more charges they get - meaning that some customers have paid hundreds of pounds in overdraft fees.

Unfortunately the Supreme Court ruled in November 2009 that the Office of Fair Trading could not regulate bank charges, it is very difficult to reclaim overdraft fees.

However, although the ruling means there is a slim chance of reclaiming overdraft fees, there are other types of bank-related charges you can claim back.

For example, Claims Financial can reclaim any credit card charges that have been imposed on you by your provider for exceeding your credit limit or missing payments.

We can also reclaim mis-sold PPI (payment protection insurance/loan insurance) and wrongly-charged care home fees. To start your claim today, simply click on the link below. You could be owed £1000s.

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"I just had to put pen to paper and write to say I'm more than delighted with my settlement that you won me back from my PPI I had with Lloyds TSB. The Claim Forms were simple to fill in. It was a breeze"

Mr R Evans 11 Nov 2010