cheque came through your letterbox, with no prior warning, you would have every right to be a bit skeptical about the validity of it.
However, some HSBC, First Direct, M&S and John Lewis Finance banking customers are set to receive cheques worth hundreds of pounds in the post - and it’s not the first time.
MoneySavingExpert.com confirmed the banks will be making a second round of payments to some customers who were in arrears on any kind of financial product, including mortgages, overdrafts, credit cards and loans, between 2010 and 2019.
The first cheques, worth between £25 and £100, were sent out from October 2020 to March 2021 as goodwill gestures from the HSBC Group, which all four lenders fall under, in compensation for substandard.
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