I have just seen your article about The Money Club debiting thousands from unwitting subscribers. This is still going on. I recently discovered it had taken 54 payments of £98 since March 2017. Leading fairly hectic lives, my wife and I hadn’t been looking too deeply at our bank statements. We are trying to recover the funds but ringing customer services just gets a recorded message.
AK, London
The Money Club, which claims to be “the UK’s premier shopping club”, charges subscribers £98 for discounted shopping deals. However, the Observer has heard from numerous people over the years who have been charged this multiple times.
It originally blamed a computer upgrade in 2013 and claimed it had contacted everyone affected. Each time I forward a new complaint it says the victim must have “slipped through the net”. It’s a net with very large holes and your experience is one of the worst.
Director Graham Knight acknowledges it should have identified your case earlier and refunded the £4,998 plus £200 compensation. He says you were the victim of a computer error resulting in subscriptions taken arbitrarily instead of annually. It has been corrected, he says, but guess what? Your subscription “slipped through the net”!
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