Our wealth of experience with M&S Bank allows us to effectively check all your credit for PPI, sometimes revealing credit you may have forgotten about.
Lenders won’t tell you, but you could be due an average refund of £3,400.*
*as at January 2015
M&S Bank was acquired by the HSBC group who have set aside £1.7bn for their customers
M&S Bank began as St Michael Financial Services in 1985, recruiting 80 staff and launching the M&S Chargecard.
M&S steadily grew its portfolio, offering trust funds in 1988, loans in 1989, ISAs in 1999, insurance in 2002, saving accounts in 2007 and current accounts in 2012.
M&S Bank has been known by a number of names throughout its lifetime. In 1988, it was Marks and Spencer Financial Services Limited. In 2002 they became Marks & Spencer Financial Services plc before changing again to M&S Money in 2003.
In 2004 HSBC acquired M&S money and entered a 50:50 profit sharing partnership before finally becoming M&S Bank in 2012.
£22bn has been set aside by the UK's big four banks so far
23% REMAINS UNCLAIMED