Millions to be compensated for being sold worthless credit card protection

Insurance policies sold by banks and credit card providers were worthless as banks are obliged to cover losses anywayTwo million customers of the major high street banks are to receive compensation of as much as £200 after being mis-sold worthless credit card protection policies.The policies, typically costing £25 a year, promised to reimburse customers for fraudulent transactions if their cards were lost or stolen, and earned banks substantial commission. But they were largely point