We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Abbey changes to t & c
joncarpet
Posts: 158 Forumite
in Credit cards
Just got a letter regarding my Abbey cc (interest free for 12 months) and changes to the T&C.
The main one that im concerned about is 8.4 which now reads:
"If we change the interest rates which apply toyour account we will give you at least 7 days notice of the change". This has changed from 30 days.
Could they get rid of the 0% i am on at the moment and introduce an interest rate? leaving me 7 days to find something else?
The main one that im concerned about is 8.4 which now reads:
"If we change the interest rates which apply toyour account we will give you at least 7 days notice of the change". This has changed from 30 days.
Could they get rid of the 0% i am on at the moment and introduce an interest rate? leaving me 7 days to find something else?
:think:
0
Comments
-
Could they get rid of the 0% i am on at the moment and introduce an interest rate? leaving me 7 days to find something else?
No this refers to the standard variable rate that they can change as they wish.
The 0% is a promotion and this will not be removed before the end of the promotional period unless you break the Terms and Conditions.0 -
The main one that looks like making them money is the dormant account charge.
I imagine most stoozers sign up for a card, do the BT/purchases for 12 months, pay it off, and then leave the card for a while before looking for a new offer from them. I wonder how many will have forgotten about the dormancy charge after 18 months of having the card.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards