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current acc interest rates more or less than my credit card?
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j0s3
Posts: 26 Forumite
i'm just after a little help to clarify this:
1. my halifax current account charges me (apparently) at around 14%
2. my old credit card charged me at around 16.9 %
ok - my current acc is overdrawn by nearly 1k. my monthly statements show that interest charged is around £10 (i'm using rough figures here)
whilst my old credit card statement showed (e.g.) a payment due of about £80 - of which £70 (ish) was shown to be interest
i don't know if i've missed a trick here - i thought that generally current accounts are dearer than decent credit cards
anyone?
1. my halifax current account charges me (apparently) at around 14%
2. my old credit card charged me at around 16.9 %
ok - my current acc is overdrawn by nearly 1k. my monthly statements show that interest charged is around £10 (i'm using rough figures here)
whilst my old credit card statement showed (e.g.) a payment due of about £80 - of which £70 (ish) was shown to be interest
i don't know if i've missed a trick here - i thought that generally current accounts are dearer than decent credit cards
anyone?
0
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