MBNA Limited

Financial Ombudsman decision DRN4636988 Not upheld

Not upheldoutcome, as published by the Ombudsman

£3,916redress stated in the decision

Thu Mar 03deadline to accept (not the decision date)

The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.

What this decision was about

Interest and rates

In the Ombudsman’s words

calculate interest on its refund to June 2012, or whether it should’ve updated the refund payment to include interest up to the date the money was paidInterest and rates

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN4636988.pdf on financial-ombudsman.org.uk.

The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.