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Interest charged on 0% balance xfer

I've got an Abbey Zero card. Last month's statement indicated that the interest this month would be £0, instead I've been charged £60. Next month is the end of the 0% period but because of the date that I opened the account there was no warning that the interest would be charged. If I'd known that interest was about to be applied I'd have paid off the balance or transferred to another card. Is there anything I can do to reclaim the interest charge? Thanks...

Comments

  • hi

    if they have charged interest you should complain about it, if they dont deal with it then take your complaint to the FOS. it isnt just the minimum payment tho is it?


    Borgbaiter
    claimed/settled - Natwest £2,535/£2,535, HSBC visa £80/£80, MBNA £1,258/£1,258, capital one £282/£282, tesco visa £515/£515, HSBC visa £140/£140. HSBC £1,450 MCOL Stayed for OFT case. Chelsea Mortgage charges & cashback £5000/£672. complaints with banks pending OFT Halifax £30, A&L £35. TOTALS £11,325/£5482
  • Nope, made the minimum payment well before its due date last month and the charge this month is shown as interest on teh balance transfer. I'll take you advice thanks and go to the FOS.
  • robnye
    robnye Posts: 5,411 Forumite
    Part of the Furniture Combo Breaker
    is it no the actual balance transfer fee?
    smile --- it makes people wonder what you are up to.... ;) :cool:
  • Nope, there was no balance transfer fee.
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