Monthly PPI refunds and compensation

A total of £246.4m was paid in March 2017 to customers who complained about the way they were sold payment protection insurance (PPI). This takes the amount paid since January 2011 to £26.9bn.

Claim back mis-sold PPI

We provide monthly figures on refunds and compensation paid to customers who were mis-sold PPI.

See the list below to find out how much has been paid each month.

As of September 2015, these figures come from 23 firms making up 95% of complaints made about the sale of PPI.

Monthly PPI payouts

2017 2016 2015 2014 2013 2012 2011
Jan £239.9m Jan £311.8m updated to £377.6m ** Jan £424.5m Jan £389.2m Jan £439.3m Jan £405.4m Jan £36m
Feb £235.3m ​Feb £423.9m Feb £361.0m Feb £329.5m Feb £409m Feb £473.1m Feb £36.1m
Mar £246.4m Mar £456.4m Mar £399.1m Mar £349.8m Mar £375.9m Mar £501.6m Mar £32.4m
Apr Apr £405.8m Apr £410.1m Apr £410.3m Apr £424m Apr £572m Apr £28.6m
May May £266.8m May £390.4m May £407.4m May £422m May £735.3m May £39.8m
June June £262.2m Jun £406.7m Jun £390.3m Jun £498m Jun £614.6m Jun £66.4m
July July £244.6m Jul £327.9m Jul £383.2m Jul £528m Jul £512.3m Jul £103.2m
​​​​​​​Aug Aug £259.8m Aug £300.5m Aug £312.8m Aug £446m Aug £601.4m Aug £244.5m
Sep Sep £247.6m Sep £329.7m Sep £353.8m Sep £444m Sep £516.4m Sep £225.3m
​​​​​​​Oct  Oct £223.7m Oct £366.0m Oct £375.6m updated to £391.1m * Oct £524m Oct £578.2m Oct £321.9m
Nov Nov £242.1m Nov £393.8m Nov £329.6m updated to £349.0m * Nov £425m Nov £410.8m Nov £464.4m
​​​​​​​Dec Dec £213.1m Dec £365.7m Dec £339.1m updated to £408.6m * Dec £324m Dec £360.1m Dec £535.5m

* The PPI redress figures for October, November and December 2014 were updated on 7 April 2015.

** The PPI redress figure for January 2016 was updated on 18 May 2016.