We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Capital one 29.9 apr
Options

ianm001
Posts: 8 Forumite
in Credit cards
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!!
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!!
0
Comments
-
It does not mean that you have to pay £223.75 just to get the card...0
-
Mortgage-free wannabe!0
-
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?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards