Card plan mis-sale claims invited

Press Association
Colorful stack of credit cards and shopping gift cards.  Macro with extremely shallow dof.
Colorful stack of credit cards and shopping gift cards. Macro with extremely shallow dof.

%VIRTUAL-SkimlinksPromo%Seven million people mis-sold cover for bank and credit cards can begin making claims from later this month as part of a £1.3 billion compensation scheme, the City regulator has announced.

Eligible customers who bought into card protection plan (CPP) products will begin receiving claims forms this month with the first pay-outs expected from late March, the Financial Conduct Authority (FCA) said.