PBA Claims Recover Your Mis-sold Monthly Bank Account Fees

What is a PBA claim  and why are you starting to hear about them. PBA’s or the Packaged Bank Account are yet another scheme that the banks employed several years ago and which are running today to generate large revenues from clients by way of obtaining fees for bank accounts that were of little or no use.

Banking used to be free or at most some of the banks used to charge a couple of pounds a month for an upgraded account that was run slightly differently and had a manager working in closer proximity, in other words you paid but received a better service. Well that was the good old days of the friendly bank manager.

We now know banks are not quite as honest and trustworthy as they would have us believe as they have become so wrapped up in earning money from you the client with products and services that are as useful as chocolate fireguards, PPI anyone!

Well after the raft of scandals for misselling of PPI, fixing interest rates, fixing foreign currency rates to name a few you would think that there could be no more. Well the banks don’t like to disappoint and we have the next scandal. The mis-selling of PBA’s or Packaged Bank Accounts. These accounts have been around for about 20 years but it has only been in the last 10 years that the banks have really started to milk clients for money.

The fees for the monthly accounts run from about £15 to £30 per month normally for a fancied titled account (platinum, gold etc) for customers to have the cost softened. Of course the fee is for useless services such as mobile phone cover, credit card cover and other bits normally most of which are covered elsewhere.

Why has the PBA been mis-sold? Well that’s easy most of the benefits are not applicable to clients a fact the banks should have but rarely if ever established at the time of sale. Were you as a customer told there were alternative fee free accounts, probably no well that’s a missale. Were you asked whether you had cover for your cards, other travel insurance, other roadside assistance for your car, probably not well another missale. Did the bank run through anything in detail or more or less say your account is being upgraded its great!

As with the PPI scandal that is still going you too can look at making a PBA claim  on either accounts that are running or have been closed where we can look after the various arguments with the banks and deal with this on a no win no fee basis.

Claim Back

Unfair Bank Charges​

No win No Fee

No Original Paperwork or Documents required

If for some reason I am not successful in obtaining a refund regarding your Account Package Charges on the facility then there is nothing to pay. It is purely a No Win No Fee basis so you have nothing to lose, where our fee if successful is 25% including the VAT.

Just to give you some background I have been dealing with bank complaints since 1999 personally following my time in a high street bank. My company operates with a handful of staff and a continuous number of clients so that I personally have time to oversee all of the claims.

To look into any claim all I need is to know the name of the bank you had a bank account with and ideally the account number although this is not essential

Martin Knipe


Recover Your Money Ltd will work hard to uncover and recover any money you may be owed. We will attempt to go back further than most other claims companies, helping our clients to claim back up to 13 years worth of unfair bank charges and our mis-sold PPI clients up to 30 years. Furthermore you will not need to provide any original paperwork or documents to reclaim your bank charges or PPI.

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