Property News · November 30, 2016

Forget the ‘annual’ fee … Money Club takes £98 payment as often as it likes


The shopping club debited more than £2,000 from dementia sufferer’s bank account over three yearsI have taken over the financial affairs of an elderly dementia sufferer. In March 2013, he signed up with Money Club and paid an annual fee of £98. At that time he had just started losing his memory and he does not own a computer or have the mental capacity to use the service, so I’m baffled as to how it sold him the membership. Another £98 was taken in March 2014 and since then a further 20 payments have been taken by direct debit totalling £2,148. I have attempted to contact Money Club without success. He should only have been charged three payments of £98 from 2013 to 2016. JS, ManchesterThe Money Club has a habit of cold calling with the offer of a free trial, then committing householders to an annual subscription without them being fully aware of what they are signing up to. Calling itself “the UK’s premier shopping club”, it runs a discount and cashback website. Several Cash readers have found themselves paying way over the odds as the annual £98 subscription is randomly debited. One reader recently told me an account had been debited 29 times in five years. Continue reading…

Source : theguardian.com
Read more…Forget the ‘annual’ fee … Money Club takes £98 payment as often as it likes

You may also like...