01254 82288001254 822880
If you pay money for an M&S bank account, you may have been mis-sold an M&S Packaged Bank Account (PBA).
Packaged Bank Accounts are current accounts with extra features and benefits bolted on – but for a price. Many people were unwittingly sold these accounts, moved on to them without their knowledge, or sold accounts with features they would not use, or even could not use.
Packaged Bank Accounts are the next big mis-selling scandal after PPI. If you pay for an M&S Packaged Bank Account, you may have been a victim.
We can help you make a claim. Take care of all the paperwork. Deal directly with M&S to ensure they don’t weasel out of paying you back.
You can still make a claim if you’re still paying the monthly fee, or even if you’ve closed or downgraded the account within the last 3 years.
Find out if you’re eligible to make a claim with our guide to PBA mis-selling.
Get a Claim Pack by post: Simply fill your details into the ‘Start Your Claim’ box to the right of this text. We’ll send you a Claim Pack in the post with everything you need to get started. Once the forms have been completed, just return it to us using the provided freepost envelope and we’ll get working on your behalf.
Download a Claim Pack today: Click the ‘Download Claim Pack’ button and you can download your forms immediately. Return them to us by post or email at address on this page. There’s no faster way to start your claim.
If you have any questions, or need any assistance filling out the forms, contact us by phone, email or with the live chat box on this site immediately.
Let’s get your money back.
Approximately 10 million PBAs remain active today. Potentially millions more have been closed. Roughly £1bn has been set aside to compensate mis-sold account holders.
Packaged Bank Accounts are current accounts with extra features – typically insurance products, but each account is different. They come at a cost usually in the region of £5-£30 per month, racking up bills in the £100s per year.
Every major UK bank has admitted to routinely mis-selling PBAs to consumers, encouraging hard sales and complacent checking in their staff, making exorbitant profits at the expense of their customers in the process.
All of the banks implicated in the PPI scandal have mis-sold PBAs as well.
The M&S Packaged Bank Account is called the M&S Premium Current Account. In return for £10 per month – or £120 per year – customers receive a range of M&S related benefits.
Premium Current Account holders get access to other M&S financial products, at preferential rates. They also receive £40 M&S vouchers per annum, plus £45 of ‘treats and delights’ vouchers and £127 of hot drinks vouchers redeemable at the M&S café. You can certainly make your money back if you have a thing for Marks and Sparks coffee.
But many account holders are unaware of either the benefits, the fees, or both. If this is you, you could be entitled to compensation.
Get in touch today, and find out if you could get money back from Marks & Spencer.
M&S Packaged Bank Account Claims
