Barclaycard

Jimmy1983 · 20 Apr 2010 at 21:24

The optional payment protection that Barclaycard slap onto your credit card bill, anyone know if you need this service? I thought that a standard (without all of the additional crap) CC would suffice if you needed to make a claim? :confused:

Coxyis · 20 Apr 2010 at 21:54

The payment protection is insurance to cover sickness and unemployment etc I thought?

Were you aware you would be paying for this?

Jokester · 20 Apr 2010 at 22:00

If you use a credit card sensibly you should never need it.

Jimmy1983 · 20 Apr 2010 at 23:33

Jokester said:
If you use a credit card sensibly you should never need it.

As I thought, yeah only use it for around £100 a month or so and pay it back fully each month.

DB_SamX · 20 Apr 2010 at 23:36

I imagine that these days, when signing up for credit cards, you sign up for their respective card protection also unless you tick a box opting out.

Clown · 21 Apr 2010 at 08:23

If you're confident that you will always pay it off fully or manage your debt properly, then no. You don't need the insurance.

On a Barclaycard related note - what's all this freedom reward crap? From what I can tell it's cashback but only for/from certain shops.

Jimmy1983 · 21 Apr 2010 at 21:07

Clown said:
If you're confident that you will always pay it off fully or manage your debt properly, then no. You don't need the insurance.

Any idea how you can cancel it?

Clown said:
On a Barclaycard related note - what's all this freedom reward crap? From what I can tell it's cashback but only for/from certain shops.

Yeah I just had a browse through it, doesnt seem worth while to me

Schizophonic · 21 Apr 2010 at 22:15

Jimmy1983 said:
Any idea how you can cancel it?

Yeah I just had a browse through it, doesnt seem worth while to me

OMG, they've been raving it every at work. BTW I work for an IT company who is outsourced by Barclaycard.

lee32uk · 21 Apr 2010 at 22:20

Jimmy1983 said:
Any idea how you can cancel it?

Yeah I just had a browse through it, doesnt seem worth while to me

Write to them and tell them you want to cancel the ppi.

HangTime · 21 Apr 2010 at 23:00

Get rid of it unless you have a genuine reason for wanting it. I've got a Barclaycard and they pay me every month (cashback), not the other way around.