Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    memyselfandi1980
    Help with Aqua Card initial limit.
    • #1
    • 5th Jun 08, 4:53 PM
    Help with Aqua Card initial limit. 5th Jun 08 at 4:53 PM
    Hi all I'm new to your forum, which is excellent by the way.

    So I've just signed the credit agreement for an Aqua Card but I'm a little confused as to what my limit will be. The information on the agreement is unclear to me as I'm new to the credit card game.

    This is what it says on the back of the credit agreement:

    The total charge for credit is 264.56. consisting of 264.56 interest. This is based on credit of 1,500 being borrowed at the start of the agreement over one year at the standard interest rate.

    What does this mean? I haven't a clue! Does it mean I have a 1,500 limit or 200?

    Thanks very much.
Page 1
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,428Posts Today

7,295Users online

Martin's Twitter
  • Uk dominating world long jump.Who'd have thought it. Kathy Cook's British 200m record about to go I think. #Beijing2015

  • RT @MoneySavingExp: If you're affected by the #HSBC payments glitch, here's what you need to do (more to follow, when we get it): http://t.?

  • RT @MoneySavingExp: Free £240, 40mth 0%, haggle tips for Sky etc, free Lanc?me sample & watch TV no licence The weekly email is out: http:?

  • Follow Martin