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getmore4less

Dan_1976 wrote: »

:T No because they dont owe you money, you owe it to them.

If you paid off your balance and more then they would pay interest on that, in theory anyway!

Credit card companies pay interest on minus balances, if you can sneak it through.

But if you dont ask you dont get!!

which ones?

None of those I have overpaid have ever paid me interest.

Anon

getmore4less wrote: »

which ones?

None of those I have overpaid have ever paid me interest.

I suppose Egg Money does, but that is a completely different product to most other credit cards.

Anon

opinions4u

ramtec wrote: »

I think the way they presented it on TV last week was that the banks wouldn't expect their savers to give them money on their savings

Oh, I don't know.

How about a £10 a quarter fee if your savings balance in less the £1,000.

Or £2 transaction fee if you use a counter more than once a month.

Or maybe £1 for using a LINK cash machine on a card based savings account.

Dan_1976

Dan_1976 wrote: »

:T No because they dont owe you money, you owe it to them.

If you paid off your balance and more then they would pay interest on that, in theory anyway!

Credit card companies pay interest on minus balances, if you can sneak it through.

But if you dont ask you dont get!!

Most of them are wise to it now, but if you send a cheque to pay off you balance and more they will be interest on the more. But I think now they will send it back.

I got interest from MBNA or Morgan Stanley, not sure which one.

shazkhan111

has the point i raised been discussed anywhere else?

silvercar

It was in the papers a few weeks ago. One lender said that their systems couldn't cope with not charging, so they would charge 0.0001% and then repay that small amount at a later date.

I think it is a bit off saying they won't pay out on negative rates. 0.5-0.75 is -0.25, to say that they never intended negative mortgages is fine, but they should have put it in the terms and conditions of the mortgage.