+ Post New Thread
Results 1 to 4 of 4
General Chat Thread, Card holder protection. Is it worth it? in General; Ok, a few years ago I was signed up for a cardholder protection thing for 3 years which would cover ...
  1. #1
    ranj's Avatar
    Join Date
    Feb 2006
    Location
    Birmingham
    Posts
    726
    Thank Post
    97
    Thanked 42 Times in 32 Posts
    Rep Power
    24

    Card holder protection. Is it worth it?

    Ok, a few years ago I was signed up for a cardholder protection thing for 3 years which would cover all my cards, driving license, NI card etc. I paid 35 for 3 years cover which I thought wasn't too bad for that sort of piece of mind. One call apparantly and all the items that were registered could not be used any more inc credit cards, passport etc. It also gave me cover if my items were used for fraudlent activity either online or on the highstreet.

    I just recieved a reminder for this through the post. Back in 2005 i only paid 35 for 3 years cover. Now they want to charge me 70 for 3 years!! I do like the peace of mind having this protection but does anyone know of any alternative protection programs which are just as good and/or cheaper than the Barclays one.
    thanks

  2. #2
    Joedetic's Avatar
    Join Date
    Jan 2006
    Location
    Walsall
    Posts
    1,316
    Thank Post
    6
    Thanked 13 Times in 13 Posts
    Rep Power
    21
    Do you have household insurance?

    My bag got knicked from the local swimming baths at the end of april and my contents insurance forked out for new driving license and other cards.

    I have a feeling the bank cover me for anything that gets charged to my cards if they're knicked but i got them cancelled within what we assume to be an hour of the bag being taken.

  3. #3

    Michael's Avatar
    Join Date
    Dec 2005
    Location
    Birmingham
    Posts
    8,941
    Thank Post
    232
    Thanked 1,510 Times in 1,206 Posts
    Rep Power
    328
    Well thinking about it logically, it isn't a requirement by law to carry your driving license or NI card, so you could safely leave this at home. In the event you were pulled over by the police and asked to produce your driving license, you have something like 3 days to check in to your nearest police station.

    Your NI isn't much use to anyone. If I was to put down your NI number on a application form (for example) all contributions would be made to your pension!

    And as for fraudulent transactions online, I thought banks by law refunded customers who reported such transactions when paying by credit card.

  4. #4
    wagnerk's Avatar
    Join Date
    Jun 2007
    Location
    Northants
    Posts
    791
    Thank Post
    61
    Thanked 159 Times in 130 Posts
    Rep Power
    44
    All I can say is shop around, there are card protection policies out there that start from as little as 15 per year, First Direct are offering it from 20 pa and some banks like HSBC are offering 3 years for 50. Have a word with your bank, they may have a similar offer for you.

    -Ken

SHARE:
+ Post New Thread

Similar Threads

  1. How much is it worth?
    By Pyroman in forum General Chat
    Replies: 19
    Last Post: 7th March 2008, 08:26 AM
  2. Changes to data protection act
    By sjplot in forum Network and Classroom Management
    Replies: 18
    Last Post: 5th October 2007, 11:19 AM
  3. Whats worth looking at
    By richard in forum BETT 2014
    Replies: 1
    Last Post: 11th January 2007, 11:34 PM

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •