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Trying to close credit card
andysnedden
Posts: 1 Newbie
in Credit cards
after having paid my monthly minimum, £84 came into a bit of money about 6 days later and paid off the ballance, about £3600 and tried to cancel. At the end of the month got in a statement saying that there was £84 interest owing for the month just passed. Is this correct? any advice please as this doesn't seem right. :mad: :mad:
0
Comments
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It's 'residual interest', and is correct. To stop it you'll need to either pay two consecutive statements in full or overpay slightly to create a small positive balance (which they will then forward you as part of the closure process).0
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