Reclaim Mis Sold PPI Against Egg

Egg PPI, Make A Claim With Beat The Banks

If you have ever had a mortgage, loan or credit card with Egg, then there is a high chance that you may have been mis-sold PPI on your borrowing.

Originally set up by the Prudential back in he 1990’s, it was christened Egg in 1998 and re-launched as Britains first real offering in Internet banking. It coincided with the credit explosion in the U.K. and from a standing start, Egg was soon weighing in with more than 2million customers.

The drive for customers went hand in hand with aggressive sales of Payment Protection Insurance and in December 2008, Egg was issued with a Final Decision Notice from the FCA, imposing a financial penalty of £721,000. This specifically related to the non-advised telephone sales of credit card payment insurance between 14 January 2005, when the FSA became responsible for regulation, up to 17 December 2007.

During the period in question, Egg sold in excess of 100,000 Card Payment Protection policies. Egg’s premium income on that little lot was a very tidy £17 million, not surprising given that the cost of the cover came in at the high end of a normal credit card, at £79p per £100 of credit card balance.

During the courses of the FSA investigation, Egg, was sold to Citi in May 2007. In turn Barclays bought Citi’s former Egg credit card book in 2011 and months later Yorkshire Building Society snapped up the mortgage and savings accounts.


At the Beat the Banks, we have an excellent record for reclaiming mis-sold PPI on borrowing with Egg. There are two mains reasons, firstly we always look to recover the full paperwork from the lender. This includes opening agreements, contact notes and statements. Not like other claims management companies that simply obtain very basic records, that don’t contain any of the former. Put simply, we don’t guess on your claim.

Secondly, our team is packed full of hundreds of years of industry experience and all our claims experts are former bank lending managers. If you think you have been mis-sold Payment Protection Insurance on your Egg borrowing and would like to know a bit more about how we can help, you can call 01382 200474 or for free on 0800 193 1234.

Egg And PPI, The Facts

In December 2008, Egg was issues with a Final decision Notice from the FCS, imposing a penalty of £721,000.

Egg sold in excess of 100,000 Card Payment Protection Policies.

Time is running out to make a claim against Egg for mis-sold PPI, the time to act is now.

From Our Clients

  • “Huge thank you to the team. After attempting to claim PPI myself and getting absolutely nowhere, I got Beat the Banks involved and ended up getting  £12,000. What a result. Beat the Banks made it so easy and were committed right to the end.”

    Shona, Dundee
  • “From previous experience of PPI claim companies, I was a bit dubious if anyone could help me but I thought I would try Beat The Banks. To say I am pleased with the service and conclusion to my claim is an understatement. Beat the banks and my claim handler in particular handled all aspects of the claim from Clydesdale Bank with professionalism, courtesy, and efficiency to secure a positive result on my behalf. I would certainly recommend the services of Beat the Banks to anyone who thinks they have PPI claim, especially with the Clydesdale Bank.”

    Mr A McQuillian
  • “Down entirely to Mike’s hard work, we previously had a successful claim with Clydesdale Bank. Mike was convinced we had more loans with PPI and he was relentless in efforts to recover our paperwork from the bank. Finally, after many attempts, enough records were recovered to submit several claims. We have now received much more compensation, covering loans going back many, many years. If it had not been for Mike and the team at Beat the Banks this would never, ever have happened. Literally, all we did was sign our name and bank the cheque.”

    T & A, Dundee
  • “I was apprehensive about using a company to claim my PPI as I had previously responded to a “cold call” and was pestered with calls. I heard about Beat The Banks on a local radio station and because they were based in Scotland I felt comfortable approaching them. I have had a very positive experience with Beat The Banks. They are not pushy and answer any queries timeously. All the Agents I have spoken to were knowledgeable, polite and friendly. After the initial information gathering conversation, they understood my needs and just got on with my claim. No hassle. Even when it was clear that my claim was of a relatively low value they processed without delay. I would definitely recommend using Beat The Banks …. they put all the other companies out there to shame.”

    Mrs S, Falkirk
  • “Excellent service so helpful, I received a substantial sum back that I had no idea I was due, thank you again to Beat The Banks especially to Gary who was so helpful and efficient in every way.”

    Mrs M, Elgin
  • “We had no paperwork but £52,500 reasons to say thank you, we are now living our Spanish dream! Exceptional service.”

    Dave & Linda , Dundee
  • “Have just found out I have won all my cases with the bank, going back many years and been awarded compensation of just over £15,000!”

    Mr S, Dingwall
  • “We really appreciate the doggedness and professionalism of Jenna and the team at Beat the Banks. This is something we’d never have gotten round to doing and we’re so glad we went through the process with professionals as we’ve now had great results. Only positives have come from the experience.”

    Mr & Mrs M, Shetland
  • “From beginning to end, Beat the Banks have been very efficient. I am very pleased with the service from Jenna and the team. I am highly delighted and I have been recommending all of my friends.”

    Mrs C, Glasgow

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