Capital one 29.9 apr

ianm001

Hi guys. Been looking around this site for a while now so though id better join in on the action.

Now I have been looking to improve my credit record and I thought applying for this card what put me in the right direction. Anyway ive been accepted online only minutes ago and I was looking through the online credit card agreement and it states the following:

Total charge for credit:
At the time the agreement is made, is £223.75
Comprising interest in the sum of: £223.75


Does thing mean that I have to pay £223.75 just to get the card and also if this is true is it too late to cancel?


Bearing in mind that I have just applied for this online and nothing has been signed.

Any advice would be great!!

Robert_Sterling

It does not mean that you have to pay £223.75 just to get the card.

tattooed_lady

Have a read of this thread...

forums.moneysavingexpert.com/showthread.html?t=108138

ianm001

Thanks guys.Sorry I missed the other threads about it.

So just in summary this figure is what you would pay on interest alone if you made a purchase of the credit card limit and not a one off fee that the CC will charge you?