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
Lloyds make me mad!
ginny82
Posts: 19 Forumite
Just wanted to vent about this one! :mad:
Having been a credit card tart for nearly two years, I've gotten fairly good at spotting good deals and traps.
My Tesco card deal is due to end in Jan. Started looking for a new one to replace it in November. Found that as a Lloyds customer I can get their Platinum card (online only) 0% on balance transfers for 14 months, stating that you must transfer the balance within the first 6 weeks of opening the account. Only catch is you have to make a minimum spend on the card of £100 within the first 3 months.
No problem right?- I opened the account then spent just over £100 on it the first week. At the end of first month I call up, clear the £100 balance. Wait a few days make sure my balance is £0 then ask to transfer balance. They tell me they "can offer me 0% on BT for 12 months". I said no as I signed up to 14 month deal. He tried telling me that I had to transfer at time of opening account. I argued this was stupid as if I did that I would have to pay interest on the £100 minimum spend (something like 29%!!!) for 14 months- who would do that? He tried telling me that I would have to pay interest on it no matter how I did it??!! I explained my theory of spend money, clear money, then transfer balance. He said I wasn't allowed to do this (but couldn't give me a reason why). At this point I suggested he speak to his supervisor about this. 5 mins later he's back on the phone telling me that they will be able to "offer" me the 14 month deal- like THEY were doing ME a favour! This was the deal I agreed to.:mad:
Why do they make it so you have to know your rights inside out to get on in this world??!!
Having been a credit card tart for nearly two years, I've gotten fairly good at spotting good deals and traps.
My Tesco card deal is due to end in Jan. Started looking for a new one to replace it in November. Found that as a Lloyds customer I can get their Platinum card (online only) 0% on balance transfers for 14 months, stating that you must transfer the balance within the first 6 weeks of opening the account. Only catch is you have to make a minimum spend on the card of £100 within the first 3 months.
No problem right?- I opened the account then spent just over £100 on it the first week. At the end of first month I call up, clear the £100 balance. Wait a few days make sure my balance is £0 then ask to transfer balance. They tell me they "can offer me 0% on BT for 12 months". I said no as I signed up to 14 month deal. He tried telling me that I had to transfer at time of opening account. I argued this was stupid as if I did that I would have to pay interest on the £100 minimum spend (something like 29%!!!) for 14 months- who would do that? He tried telling me that I would have to pay interest on it no matter how I did it??!! I explained my theory of spend money, clear money, then transfer balance. He said I wasn't allowed to do this (but couldn't give me a reason why). At this point I suggested he speak to his supervisor about this. 5 mins later he's back on the phone telling me that they will be able to "offer" me the 14 month deal- like THEY were doing ME a favour! This was the deal I agreed to.:mad:
Why do they make it so you have to know your rights inside out to get on in this world??!!
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards