Credit Card Plevin PPI Commission Claim

Credit Card Plevin PPI Commission Claim


PPI has been the biggest financial mis-selling scandal in the world, in which a staggering £38 billion was given back to consumers for mis-sold PPI in compensation by banks & finance providers before the 2019 PPI deadline. However, even after this the PPI scandal is far from over!

The good news is that you can still make new PPI Claims under a new ruling but this time its for undisclosed high commission.  This type of PPI claim is separate to the redress scheme that ended in 2019 and is based on the amount of commission you were charged on your PPI policy.

Potter v Canada Square - Latest ruling April 2021

The case of Canada Square Operations Limited v Beverley Potter [2020] brought a degree of clarity to the issue of limitation points in Plevin Litigation. This judgment was welcomed by law firms, claims management companies and claimants alike as it strengthened the claimants’ argument that these claims should not have a limitation period applied to them due to the concealment of PPI commission levels. This meant that claims are no longer confined to a six-year limitation period from when your credit card/loan/mortgage or other finance ended.

Potter v Canada Square Ruling - April 2021

What is Plevin PPI?

Plevin refers to a Supreme Court case from November 2014 where Mrs Susan Plevin brought a case against Paragon Personal Finance Ltd regarding her PPI policy. The claim was centred around the commission charges on a PPI policy that Mrs Susan Plevin was sold to cover a secured loan from Paragon.

Mrs Plevin later discovered that in small print of the terms and conditions of the PPI policy that a whopping 71.8% of her premium was the amount of commission she was charged by the lender. She alleged that this was unfair and unclear and took Paragon to court and the case went up to the Supreme Court.

The Supreme Court agreed with Mrs Plevin and her lawyers, and determined that the sale of the PPI policy was unfair because of the following reasons:

  1. The commission payment was not disclosed;
  2. The high percentage of the PPI premium that was paid as commission.

This decision set precedent for a new category of PPI claims, and opened the floodgates against banks and other finance firms who had sold PPI to their customers.

How is Plevin different to mis-sold PPI?

Originally the PPI scandal was focused on the mis-selling of PPI and whether the policy was suitable or not at the point of sale. A Plevin PPI claim will focus on whether your credit card provider took a high-level commission from your PPI premium without disclosing it. If the commission was hidden, or the commission was unfairly high, then this is deemed to be an unfair relationship between the lender and borrower and is eligible for compensation claim.

Plevin claims are based on a completely different area of law, namely the Consumer Credit Act 1974, so they are not subject to the FCA's PPI deadline, hence claims are still being processed today.

You can make a Plevin PPI commission claim if:

You've never previously complained about your PPI policy, or

Your PPI complaint was previously rejected with no compensation awarded, or

You tried to make a PPI claim before August 2019 but failed due to lack of records, or

If over 50% of your our PPI premiums were paid in commission but this was not disclosed to you.

Start a FREE Plevin PPI Check for undisclosed commission claim with MoneyPlus Legal.


What Is Credit Card PPI?

Around 10 million people in the UK were sold Payment Protection Insurance (PPI), or it was added to a credit card between 1988 and 2011. The PPI was to ensure card payments were met if you couldn’t work due to sickness, an accident or being unemployed.

However, in many instances it was mis-sold as an added extra which people didn’t want or ever need. Customers were not told that if a claim on the insurance was necessary the maximum time it would pay out would be 12 months. Many would also face problems in trying to make a claim due to the number of exclusions on the PPI which would prevent customers in making a successful claim.

A survey by the consumer group Which? indicated that almost 1.5 million people were sold PPI with their credit card after sales staff mis-led them. As a result of this, huge numbers of people were entitled to reclaim mis-sold PPI on credit cards.

Lenders Who Sold PPI with Credit Cards

Most high street banks and other credit card providers sold or added PPI to credit cards. The following is a list of popular credit cards PPI was sold with or attached to:

  • Bank of Scotland
  • Barclaycard
  • Capital One
  • Clydesdale Bank
  • EGG
  • HSBC
  • Halifax Bank
  • Lloyds Bank
  • Lloyds TSB
  • MBNA
  • NatWest
  • Royal Bank of Scotland (RBS)
  • Santander
  • Yorkshire Bank

How was PPI charged on Credit Cards?

Credit card PPI is paid by you when the lender charges a premium each month. The cost is made up of three sums, which combined makes up the total cost of credit card PPI.

The three parts consist of:

  1. PPI premiums on credit cards are worked out as a percentage of the amount outstanding on the credit card each month. Typical charges by lenders can be up to 79p for PPI on every £100 of debt on the credit card.
  2. Interest is charged in addition to the monthly credit card PPI premium, the rate of which is the same that is charged for the outstanding balance on the credit card if PPI had not been added.
  3. If payments have been missed, further charges may be incurred to the credit card account. If PPI has been added to the account, the charges will be higher than if PPI wasn’t added to the account, leaving the account holder with a bigger debt.

The above illustration shows that the amount of PPI stated by a lender on a credit card is the first part of working out the PPI cost. The reason is that when the PPI premium is added to the outstanding balance on the credit card, it increases the cost of PPI substantially. This is due to outstanding balances on credit cards incurring interest rates of over 15% on top of what lenders would charge for credit card interest.

A report published by the Citizens Advice Bureau (CAB) in 2005 titled 'Protection Racket' highlighted concerns the CAB had in relation to PPI and how it was sold.

The report identified PPI policies offered by some of the UK's largest credit card lenders only paid out for 12 months maximum if the policy were needed by the policyholder due to unemployment.

The monthly benefit received from the PPI policy would only cover a maximum of 10% of the outstanding balance.

This crucial information was not being passed on to customers when the PPI was being sold with their credit cards and in many cases, customers were not aware of what they were buying. Some later found that they had PPI but were completely unaware that it had been added.

How we can help with your Credit Card PPI Plevin Claim

MoneyPlus Legal is a Plevin PPI Claims specialist, whose core focus is on helping consumers who were sold PPI to use all available and possible options to obtain a legal remedy for compensation of undisclosed & high commission from the finance provider.

If you’re unsure whether you are eligible to make a claim under the Plevin ruling please don't worry as MoneyPlus Legal will always conduct a full review of all your PPI credit agreement(s) to establish whether there is a case for unfair relationship.

MoneyPlus legal will use their specialist 'Plevin' PPI claims experience to investigate, negotiate and settle any claim as quickly as possible. Our Plevin PPI Check and claim service is simple and completed on a no win no fee basis* and you will be kept informed throughout the claim process.

The Plevin Claims Process

Step 1

Start Your Free
Plevin PPI Check

MoneyPlus Legal will call you to discuss your potential claim, confirm some details & explain the next steps to progress your claim.

Step 2

Sign & Return Our Pre-Filled Forms

MoneyPlus Legal will send out a claim pack with letter of authority to sign & return back so they can start your Plevin PPI check.

Step 3

Your Plevin Claim Eligibility Checked

MoneyPlus Legal will contact the lender(s) to ascertain how much commission was charged on your PPI policy & eligibility for a refund.

Ready To Get Started?

To find out if you're eligible to make a commission claim start your FREE Plevin PPI check with MoneyPlus Legal. We'll check your finance agreement(s) & associated PPI policies to establish if you have a valid claim against your bank or finance provider under the new ruling.

MoneyPlus Legal Plevin PPI Service:

  • 100% free - No obligation Plevin PPI check
  • Operates on a No-Win, No Fee Basis*
  • Require No Upfront Fees
  • Fully Regulated by the SRA

Start a FREE Plevin PPI Check for undisclosed commission claim with MoneyPlus Legal.

Start a FREE Plevin PPI Check for undisclosed commission claim with MoneyPlus Legal. is a trading style of MoneyPlus Legal. MoneyPlus Legal is authorised and regulated by the Solicitors Regulation Authority. SRA Number 428794.
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Your lender may have charged unfair commission on your PPI policy, incorrectly rejected your PPI claim previously, or miscalculated your redress payment and you may be due a refund. To find out if you are eligible to reclaim under the Plevin ruling, complete your contact details below & we'll be in touch to start your no obligation Plevin PPI check.


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Latest PPI Commission Claim Ruling

Potter has the potential to impact on all types of credit claims!

A new PPI court ruling in April 2021 revealed how the banks used YOUR MONEY to earn hefty commissions for themselves.

Strangely, they forgot to mention the secret commissions they kept when the original PPI rulings came out.

Now the courts have said that any commission they have earned by selling PPI policies is potentially YOURS.

This ruling saw the complainant awarded £7,953.53 in compensation for the commission alone. This includes fees and interest that accrued over the years.

And it’s estimated that other people who had PPI policies will be owed from £1000s in compensation.

Potter v Canada Square Case

In Potter v Canada Square, the Lender [Canada Square Operations Ltd, formerly Egg Banking plc] accepted that the non-disclosure of commission caused unfairness in the relationship; however, it defended the claim on the basis that it was issued outside the widely accepted six-year limitation period.

Mrs Potter’s legal team invoked Section 32 of the Limitation Act 1980, which extends the limitation period due to the deliberate concealment of commission levels by the lender.

Read the Canada Square Operations Limited v Beverley Potter judgement  [2020] EWHC 672 (QB)

What the press said?

Millions more customers can now make new PPI claims – could you get up to £40,000?

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