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Reclaiming 'unfair' charges can lead to 'unfair' commission

As more and more bank customers are trying to reclaim what are seen as unfair charges from their providers, one reclaim company has stood up against colleagues who charge high commission.iWantMyChargesBack.co.uk is a firm that offers to help account holders through their claims cases for a flat fee and has slammed fellow companies that draw up to 40 per commission for their work. The claims company says that it distances itself from others who charge account holders high proportions of their claim as many claims can be worth £2,000 or more, due to representing six years' worth of banking fees.iWantMyChargesBack.co.uk says it offers its customers a 'transparent' fixed fee of £250 on a no win no fee basis, not dependant on the size of the claim.Founder of iWantMyChargesBack.co.uk, Mark Bateman, said: "There is a feeling that bank charges need to be claimed very quickly before something or someone moves the goal posts."Although that may be true people need to look very closely at the fees they are being asked for before rushing into a high percentage deal. Sure, work needs to be done in order to negotiate and win a claim but not at 25 to 40 per cent, no matter what size the claim plus interest is."

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