Egg - Minimum Finance Charge

Geoffo_M

I've just got my statement and the last item is for "Minimum Finance Charge" 50p. I've googled and found that it used to be for changing into sterling, and now it is where the interest is so low, they top up to 50p. This doesn't apply to me as I pay the full amount every month. I've just rung Egg and the odd thing was that they couldn't see that item on my account. He said it might clear overnight and to ring back tomorrow if it hadn't.

All a bit strange. Anyone any similar experiences?

Paul_Herring

Have you withdrawn cash/used your card on a gambling site/any other transaction that could be considered "cash withdrawal?"

surreysaver

I seem to vaguely remember this change in conditions being e-mailed to me ages ago - a minimum interest charge of 50p if it would otherwise be below 50p.

eira

just got a statement with this 50p 'minimum finance charge'-the card is totally clear- and not been used.Have e-mailed a query re this