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Virgin Nectar card
MSnovice_3
Posts: 1 Newbie
in Credit cards
Hi. Did I read Virgin Nectar card T & C correctly - is there effectively a charge of £101 spread over the first 12 months calculated as interest on £1500 credit (whether you want it or not)? :rudolf:
0
Comments
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No, you read them incorrectly.MSnovice wrote:Hi. Did I read Virgin Nectar card T & C correctly - is there effectively a charge of £101 spread over the first 12 months calculated as interest on £1500 credit (whether you want it or not)? :rudolf:
For an explanation, see my post #2 in this thread...
http://forums.moneysavingexpert.com/showthread.html?t=108138&highlight=total+charge+credit
...and post back if you're still not sure.0 -
Are you talking about the Nectar Amex card? If so, I phoned their CS to query that same point on their T&C's, only to be told that "it hadn't been worded very well" and that it should actually be read as an example.
Nicola0
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