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Hi folks, long time no see. 
I have received a letter out of the blue from Barclaycard offering me £75, as long as I give details of my current bank account in the pre-paid envelope within 30 days of the date of the letter (dated 7 Feb 2020).
For a little background, I had an old credit card debt with Egg that Niddy had confirmed was unenforceable. Although Egg never admitted the card was unenforceable, they could not provide a valid enforceable agreement and I had sent Niddy's standard letters to deal with that. I heard nothing more from Egg - but then all their accounts were sold to Barclaycard. At the time I had a current account with Barclays. One day, I received a letter from Barclaycard saying they had taken a couple of grand out of my Barclays current account to offset the credit card debt, which cleaned out my current account. I remember the day well, as I was in shock and hyperventilating when I read it.
I phoned Barclaycard at the time, telling them that I was recording the call and threatened to go to court as the debt was clearly in dispute. It must have worked, as the woman on the line agreed to refund the money although I was told it was an automated process and would happen again if there was a credit balance in the account. I told Niddy about this at the time and he told me I was extremely lucky to have got the money back (I should, of course, have switched banks as soon as Barclaycard took over Egg as banks do have the power to offset funds within their group). I then immediately opened up a credit union account and a new basic current account with another bank.
Eventually, the six years since the card default notice elapsed and the debt became statute barred. It has been off my credit file for a few years now.
Barclaycard have now written to me to offer £75 as compensation for the "inconvenience" of the removal of the money from my Barclays account all those years ago, as they had not given me advance notice. I presume there has been some directive from the FOS for them to do this in all such cases.
I just want to know if it's safe to accept the £75 - or could it have some nasty repercussions like restarting the clock on the old debt? I presume that once a debt has been statute barred, that is the end of the matter, but I thought I had better check with the wise heads on this forum first.
Thanks.
I have received a letter out of the blue from Barclaycard offering me £75, as long as I give details of my current bank account in the pre-paid envelope within 30 days of the date of the letter (dated 7 Feb 2020).
For a little background, I had an old credit card debt with Egg that Niddy had confirmed was unenforceable. Although Egg never admitted the card was unenforceable, they could not provide a valid enforceable agreement and I had sent Niddy's standard letters to deal with that. I heard nothing more from Egg - but then all their accounts were sold to Barclaycard. At the time I had a current account with Barclays. One day, I received a letter from Barclaycard saying they had taken a couple of grand out of my Barclays current account to offset the credit card debt, which cleaned out my current account. I remember the day well, as I was in shock and hyperventilating when I read it.
I phoned Barclaycard at the time, telling them that I was recording the call and threatened to go to court as the debt was clearly in dispute. It must have worked, as the woman on the line agreed to refund the money although I was told it was an automated process and would happen again if there was a credit balance in the account. I told Niddy about this at the time and he told me I was extremely lucky to have got the money back (I should, of course, have switched banks as soon as Barclaycard took over Egg as banks do have the power to offset funds within their group). I then immediately opened up a credit union account and a new basic current account with another bank.
Eventually, the six years since the card default notice elapsed and the debt became statute barred. It has been off my credit file for a few years now.
Barclaycard have now written to me to offer £75 as compensation for the "inconvenience" of the removal of the money from my Barclays account all those years ago, as they had not given me advance notice. I presume there has been some directive from the FOS for them to do this in all such cases.
I just want to know if it's safe to accept the £75 - or could it have some nasty repercussions like restarting the clock on the old debt? I presume that once a debt has been statute barred, that is the end of the matter, but I thought I had better check with the wise heads on this forum first.
Thanks.
), so I thought I'd check with the wise heads here just to be certain that it wouldn't somehow inadvertently count as acknowledging the debt.
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