Bank statement charge
What is PREMIUM CREDIT LTD on my bank statement?
Who charged you
Premium Credit monthly payment plans for insurance and memberships
PREMIUM CREDIT LTD is Premium Credit, a UK lender that pays a yearly bill upfront for you and collects it back by monthly Direct Debit. The payment is usually an instalment for insurance arranged through a broker, or for a golf membership, football season ticket or school fees.
How it can show on a statement
PREMIUM CREDIT LTDPREMIUM CREDITPCL/EVERYWHEN INS
Find out what it was
- 1
Open the Direct Debit list in your banking app: the Premium Credit entry has a reference you can match to a credit agreement.
- 2
Search your inbox and post for a Premium Credit welcome pack or credit agreement, which names the policy or membership being paid for.
- 3
Check which insurance, membership or season ticket you pay monthly and when each one started or renewed.
- 4
Sign in to (or register for) your My Premium Credit online account to see the agreement, the Direct Debit amounts and what you have paid.
- 5
Still a charge you did not agree to? File your complaint here. We write it with you and send it to Premium Credit, so you do not have to chase it yourself.
Not in any of your accounts? If nobody in your household made it, someone else may have used your card details. Your card issuer can stop the card, so the charges do not continue.
Why does it say “PREMIUM CREDIT LTD”?
When you choose to pay monthly through a broker or club, the monthly plan is often a separate credit agreement with Premium Credit. The lender collects the Direct Debit, so its name appears instead of the insurer or club you bought from.
Some brokers add their own name, so the line can read PCL/ followed by the broker, for example PCL/EVERYWHEN INS, or show only the broker's name.
Why you might see this charge
- Monthly instalments for car, home or pet insurance where you chose to pay monthly through a broker.
- Business insurance paid monthly, such as public liability or fleet cover.
- A golf club membership, football season ticket, school fees or caravan pitch fees spread over the year.
- A first payment, which can be taken before you have signed the credit agreement, followed by equal monthly payments.
Is PREMIUM CREDIT LTD legit?
Real. Premium Credit Limited is an authorised UK lender and one of the largest premium finance companies, used by many insurance brokers and clubs.
It is a lender, not your insurer, so the credit agreement and the policy are separate things. Check the agreement in your own Premium Credit account or paperwork rather than through links in emails or texts.
Other charges people look up
| On your statement | Who charged you | What it usually is |
|---|---|---|
| ME GROUP INTERNATIONAL | ME Group | ME GROUP INTERNATIONAL is the company behind Photo-Me photo booths, Revolution Laundry self-service washers and… |
| SKY DIGITAL | Sky | SKY DIGITAL is Sky, the TV, broadband and mobile provider, using the old name of its digital TV service. |
| METROPOLIS PARKING | Metropolis | METROPOLIS PARKING is Metropolis Technologies, which runs parking garages and lots where cameras read your license… |
| Close - [broker] | Close Brothers Premium Finance | Close followed by a dash and a broker's name is Close Brothers Premium Finance, a lender that spreads the cost of an… |
| DEBITSUCCESS | Debitsuccess | DEBITSUCCESS is Debitsuccess, part of Xplor, which collects regular payments for gyms, swim schools, childcare centres… |
| TPG PRODUCTS SBTPG LLC | Santa Barbara Tax Products Group | TPG PRODUCTS SBTPG LLC is Santa Barbara Tax Products Group, a Green Dot company that handles tax refunds for people… |
| CTLP*CSC SERVICEWORKS | CSC ServiceWorks | CTLP*CSC SERVICEWORKS is CSC ServiceWorks, which runs card and app laundry machines in apartment buildings, dorms and… |
| EUI LIMITED | Admiral Insurance | EUI LIMITED is the Admiral Group company behind Admiral insurance: Admiral, Elephant, Diamond and More Than are its… |
Questions about PREMIUM CREDIT LTD
What is Premium Credit Limited?
Premium Credit Limited is a UK lender that pays a yearly cost upfront, most often an insurance premium, and collects it back from you in monthly Direct Debits. Insurance brokers, golf clubs, football clubs, schools and holiday parks use it for monthly payment plans.
Why is Premium Credit taking a Direct Debit from me?
Usually because you chose to pay an insurance policy, membership or season ticket monthly, and the monthly plan was set up with Premium Credit. Your welcome pack or credit agreement names what it pays for.
Is Premium Credit my insurer?
No. Premium Credit is the lender that spreads the cost; your policy is with the insurer your broker arranged. The credit agreement and the policy are separate.
What can I do about a Premium Credit payment I did not agree to?
File a complaint on Complain.biz. We write it with you and send it to Premium Credit, so you do not have to chase it yourself.
Based on
- Premium Credit: Personal Insurance Customers
- Premium Credit: My Premium Credit online account
- Premium Credit: products and FAQ menu (school fees, pitch fees, season tickets, golf)
- Everywhen: Direct Debit with Premium Credit (statement name)
- Companies House: PREMIUM CREDIT LIMITED