sH
shahid H

1 reviews | Active since Sept 2014

21 Jun 2017, 13:39

Payment protection insurance

<p>I never had a payment protection insurance and when I queried it with nedbank I was told I don’t have a choice in the matter and its charged on the outstanding balance. I paid my credit card in full and still been charge R114.57. if im not owing a balance why would I be paying an insurance on it? Is this FAIS compliant or is consultants thought to say whatever comes to mind? Please contact me to cancel my credit facility as well as my investment and all other facilities as I believe FNB is much more honest in the way they carry out they business.</p> <p> </p>

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Replies (6)
sH
shahid H's update23 Jun 2017, 08:28
Reviewer Update

??

sH
shahid H's update29 Jun 2017, 14:56
Reviewer Update

Good day, I received an email advising I will be getting feedback and I was in a meeting when Nedbank called. I dont know when will they try and contact me again. I prefer that they email me as I would have whatever in writing and prefer all correspondence via mail as obtaining recorded lines is very time consuming.

Nedbank
Nedbank's reply29 Jun 2017, 15:04
Official

Good day Shahid

Kindly note that the Resolution Manager and the insurance department has attempted to contact you on numerous occasions and left voice messages. Please refer to your email and respond to the Resolution manager with your valid contact details and a suitable time to contact you.

Kind regards

Client Experience Team

sH
shahid H's update30 Jun 2017, 16:12
Reviewer Update

I didn't give Nedbank authorisation in the first place and when i called and queried i was told i always had it n i notice it now coz i had higher credit outstanding. What nonsenses.

Now i must run around to cancel stuff i didnt acknowledge.

Client services is ccd

I want to cancel the balance protection on my credit card.

I want a refund for all ive paid or provide the call where i acknowleded the balance protection.

sH
shahid H's update03 Jul 2017, 11:18
Reviewer Update

Firstly Mr Govender sends an email saying Good day

Good day Who? is this how Nedbank treats platinum card holders? I dont think Mr Govender has the ethics to be in a retention team.

i get another email from Mr Govender stating Final feedback and the very same information that was advised about the protection plan.

I clearly STATED i want proof where i gave the go ahead for the balance protection plan!!! give me the recording as Nedbank says the can do. This is not final feedback its exactly the same as the previous response. in fact this is theft and ***** because nedbank does not have authorisation from me. I will publish it on facebook and wherever and will go to the ombudsman. kindly send me the copy of the recording where i agreed to any balance protection plan on my credit card.

Nedbank
Nedbank's reply03 Jul 2017, 11:21
Official

Good day Shahid

Final feedback was provided to you by the bank. Your next step is to take the matter further with the Ombudsman.

Kind regards

Client Experience Team